TaylorMayers have been instructed to find a buyer for our clients franchised Letting / Estate Agency in the North West of England.
The business has been operating for some 16 years and has grown into a reputable and profitable business. Turnover and net profit has been increasing year on year for the last 5 years with the most recent accounts showing £590k turnover and £170k net profit.
Operationally, there around 450 fully managed properties and a handful of property sales. The majority of the businesses income comes from recurring monthly management fees. The office is well managed with the staff being able to handle the majority of the day-to-day operations.
Highlights include:
- £590k turnover
- £170k net profit
- C450 fully managed properties
- Lettings focussed
- Well managed business
- Modern and fully equipped office
- New lease available offering a buyer security
Contact us for an NDA.
Please note that this is a franchise. Any existing agent would be required to merge / rebrand their existing business into the franchise. It would not be possible to acquire the lettings portfolio or acquire the business without the franchise attached to it.
