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Lettings & Estate Agency In Hertfordshire For Sale

Hertfordshire, UK
Asking Price:
£700,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

The business has been trading for nearly 12 years and was taken over by the current owners in 2011, it is now on the market due to retirement.

The business is located in the town centre and close to the mainline train station which has direct access to Kings Cross, London.

The business is primarily lettings-focused, with an emphasis on a fully managed service.

The portfolio has grown substantially over the past decade and now benefits from consistent repeat business.

There is a further opportunity to develop a student market for the brand and when coupled with a significant number of new developments now emerging this can provide additional organic growth.

A sales service has been in place for several years, however, it has yet to reach its full potential.

The office benefits from having an experienced team and a highly capable office manager.

This set-up will allow new owners to focus on driving and developing new businesses.

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

Property Information

Property:

Leasehold

Location:

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

Business Operation

Reasons for selling:

Retirement

Employees:
5
Years established:
12

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.