An excellent opportunity to acquire a well-established and reputable estate agency based in an historic and high-demand city. Operating in the area successfully since 2007 and by the current owner since 2021, the business has built a strong brand presence and loyal client base across both residential sales and lettings. The owner is now looking to spend more time with family and pursue other interests.
The business is primarily lettings focused, with the emphasis on a fully managed service therefore making this attractive to buyers looking for recurring and ‘low risk’ revenue streams. However, the business could be improved by increasing the managed portfolio, which in turn would generate repeat monthly income and this in turn will increase the asset value. The sale of properties is offered but has not yet reached its full potential and the business would benefit from more focus on developing the sales service.
94% income generated from lettings activity
65% income generated from the managed portfolio
Growth in income could be achieved through the sale of properties and financial services Low level of multiple Landlords and 70 student properties
Business is being sold on a share sale basis
Further information is available upon request; please contact the seller below for more details.
