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Lettings And Estate Agency In Northern England For Sale

UK
Asking Price:
£140,000 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

An excellent opportunity has arisen to acquire a long-established and reputable lettings and estate agency business. The business has been successfully operating since 2014 and has built a strong presence in the local property market. It is now being offered for sale as the current owner is seeking to retire, presenting an ideal opportunity for a new owner to take over a stable operation.

The business itself is primarily focused on lettings and benefits from a portfolio of fully managed properties. This provides reliable, recurring income and a solid foundation for ongoing profitability. The lettings arm has been well maintained, with established systems and a loyal client base already in place.

In addition to lettings, the business also offers residential sales services. While this side of the operation is currently more modest in scale, it represents a clear opportunity for growth. With increased focus, marketing, and potential investment, a new owner could significantly expand the sales division and unlock additional revenue streams.

Overall, this is a turnkey opportunity to acquire a well-regarded agency in a resilient and growing property market, with both dependable income and clear scope for further development.

66% of income is generated from lettings activity
51% of income is generated from the managed portfolio
Low level of landlords with multiple properties
Good opportunity with clear scope to develop
The business is being sold on an asset 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 high street location, very close to the train station amongst other estate agents & letting businesses.

Business Operation

Reasons for selling:

Retirement

Employees:
4
Years established:
12

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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