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Lettings And Estate Agency In South England For Sale

UK
Asking Price:
£650,000 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

A well-established and highly regarded business in the heart of this bustling town is now available due to retirement. Since taking over in 2016, the current owner has built a strong reputation, and the office enjoys a prime location close to popular shops, cafes, and just a short stroll from the mainline station with direct links to London.

This business is predominantly lettings-focused, with a strong emphasis on fully managed services—offering buyers a reliable, recurring, and low-risk income stream. Significant growth potential exists by expanding the managed portfolio, creating consistent monthly revenue and increasing the overall asset value. Additionally, property sales are currently underdeveloped, presenting an excellent opportunity for a new owner to enhance this side of the business and maximize profitability. A prime chance for an investor or operator looking for a profitable, low-risk, and highly scalable business in a sought-after location.

  • 92% income generated from lettings activity
  • 71% income generated from the managed portfolio
  • Growth in income could be achieved through sale of properties and financial services
  • Low level of multiple Landlords and no student properties
  • Business to be sold on a share sale basis *on a cash free, debt free basis – the mechanism for working capital and completion accounts will be outlined in the legals and agreed between Buyer & Seller

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

Property Information

Property:

Leasehold

Lease 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.

Location:

The office is in a good high street location, very close to the train station amongst other estate agents/letting businesses.

Energy Performance Rating:
D

Business Operation

Reasons for selling:

Retirement

Employees:
6
Years established:
10

Franchise Information

Franchise opportunity:

Franchise Resale

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.

Website:
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