Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Profitable Lettings And Estate Agency In South East For Sale

UK
Asking Price:
£2,250,000 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

A rare chance to acquire a proven, successful and long-standing lettings and estate agency business that has been operating since 2009 and was originally launched as a cold start. It is now on the market as the current owners wish to move onto personal projects.

The business has built a strong position in the local market through long-term landlord relationships, a loyal client base, an experienced and committed team, and robust operating systems. The result is a business that requires relatively limited day-to-day owner involvement and can operate effectively under an established management structure.

The business is primarily lettings focused, with a large supply of fully managed properties providing steady and recurring income streams. Residential sales are also offered, with the sales side of the business presenting clear opportunities for further development and increased revenue.

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

Property Information

Property:

Leasehold

Location:

The office is in the centre of town amongst all local amenities and other lettings and estate agents. The train station is within walking distance offering easy access to London.

Business Operation

Reasons for selling:

Current owners wish to move on to personal projects.

Employees:
7
Years established:
17 years

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.

Website:
Login or register to view link

Listed by

The Property Franchise Group