This is a fantastic opportunity to acquire a business in a lucrative vibrant city. The business has been trading for nearly 17 years, and was acquired by the current owner, who had a background in financial & accounting, in 2021. It is now on the market due to personal reasons and other business ventures.
The business is currently lettings focused, with an emphasis on its fully managed service. The business has great potential for improvement by an entrepreneurial, growth-focused owner, working full time in the business dealing with new business generation to increase and diversify the current managed portfolio.
In turn this will generate greater repeat income on a monthly basis, increasing the asset value. Further income can be generated through additional income streams from Sales, Financial Services and conveyancing opportunities.
It would best suit an individual with good networking and leadership skills, plus a commitment to continuing professional development via the TPFG Training Portal, attending Regional Business Meetings and Annual Conferences.
The business is being sold as a share sale.
95% income generated from lettings activity
66% 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, 35% of the business is student properties
Further information is available upon request; please contact the seller below for more details.
