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Lettings And Estate Agency In Gwent For Sale

UK
Asking Price:
£220,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

The business has been trading for over 15 years and was launched as a cold start in 2007. The business is now on the market due to the current owners wanting to focus on other business ventures. The business launched with a focus on building the lettings portfolio and continued to be developed by opening other offices and launched a sales office 2016.

Any new business owner needs to be in the business day to day and refocus on increasing the managed portfolio, which in turn would generate repeat income on a monthly basis and over time this will increase the asset value. A sales service has launched but it has not yet reached its full potential and the business would benefit from more focus on developing this and offering Financial Services.

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

Property Information

Property:

Freehold

Location:

The office is in a good high street location amongst other estate agents/letting businesses.

Business Operation

Reasons for selling:

The business is now on the market due to the current owners wanting to focus on other business ventures.

Employees:
3
Years established:
15

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Martin & Co is a brand owned by The Property Franchise Group PLC, one of the UK's largest and most experienced franchise operators. The monthly Managed Services Fee (MSF) is 9% + VAT of your gross monthly income and includes unlimited ongoing Head Office support. The initial Franchise Fee is £20,000 + 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 a Launch & Integration Manager. We also offer various courses throughout the year for you and your staff. 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.

Website:
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