The business has been trading for over 20 years and is now on the market as the current owners are looking to retire. The office is in a prime location and is in a pristine condition internally and externally. The business is operated with local & experienced members of staff and some have been employed with the current owner for over 20 years, they have gained a strong reputation and are consistently a top sales office and market leader.
The business is heavily focused on property sales which yields over 50% of it’s income however the lettings portfolio is generating a good level of repeat income. The business could be improved by increasing the managed portfolio and over time this will increase the asset value. More involvement with Financial Services would also assist to increase income to this already profitable, well run business.
• 38% income generated from lettings activity
• 27% income generated from the managed portfolio
• 62% income generated from sales activity
• Growth in income could be achieved through 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.