The business has been trading for nearly 20 years and is now on the market as the owners are looking to retire. The owners have operated in multiple sites throughout their franchise term but they have slowly sold off their other offices as they were scaling back their work commitments in readiness for retirement.
The business has not been fully developed and would benefit from the owner being involved day to day, recruiting more staff and generating new business to increase the income and in turn profit levels. It is primarily lettings focused, with the emphasis on a fully managed service. A sales service has not been launched and if referral fees for Financial Services were also introduced the business could reach its full potential.
97% income generated from lettings activity
82% 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 no student properties
Further information is available upon request; please contact the seller below for more details.