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Lettings And Estate Agency In Central England For Sale

UK
Asking Price:
£200,000 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

An excellent opportunity to acquire a long-established and reputable property business, trading successfully in since 2002. The sale is due to the owner’s retirement, offering a chance to purchase a stable, well-managed operation with a strong local reputation and proven trading history.

The business operates primarily within the residential lettings sector, managing a well-established portfolio of fully managed properties. This provides a reliable stream of recurring income and a stable operational foundation.

In addition, the business undertakes residential sales, offering scope for expansion and increased revenue generation under new ownership. This dual-service model provides both income stability and growth potential.

This is a well-established and stable business offering immediate income and a solid operational platform. With its strong market presence and proven performance, it represents an attractive acquisition opportunity for both experienced operators and those seeking entry into the residential property sector with an established business.

75% of income is generated from lettings activity
47% of income is generated from the managed portfolio
A stable operation with a strong track record
Offering a good opportunity for growth
The business is being sold on a share sale basis

Further information is available upon request; please contact the seller below for more details.

Property Information

Property:

Leasehold

Location:

The office is in a good central high street location, surrounded by other estate agency businesses and is very close to the mainline train station.

Business Operation

Reasons for selling:

Retirement

Employees:
3
Years established:
24

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

The Property Franchise Group PLC is one of the UK's largest and most experienced franchise operators encompassing several brands. The monthly Managed Services Fee (MSF) is 9% +VAT (plus a National Marketing Fund set contribution dependent on brand) of your gross monthly income and includes unlimited ongoing Head Office support. The initial Franchise Fee is £22,500 +VAT and the Franchise Agreement is for 5 years. The Franchise Agreement is renewable for a fee of £500 +VAT, there is no upper limit to the number of franchise renewals.

Other Information

Support & training:

The Property Franchise Group will ensure that you are fully trained before you take over the running of this business, including an in-depth induction course, market trends/analysis review, mentor training, plus on-site support days with an experienced property professional, known as an Operations Manager. We also offer various courses throughout the year for you and your staff alongside access to a market leading online training academy. No previous property experience is required to make a success of this venture!

Financing available:

The Property Franchise Group can assist you with funding and the business model is seen very positively by our panel of high-street banks. You can secure up to 70% of the total costs of acquiring this business and any working capital required, and the business could be purchased with as little as 30% personal investment. Some sellers may consider staged payments and we can assist you in the negotiation of a suitable funding solution to meet your personal circumstances.

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