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Residential Estate And Letting Agent In Staffordshire For Sale

Warwickshire, UK
Asking Price:
Undisclosed
Turnover:
£148,012
Net Profit:
Undisclosed

Based in Staffordshire.

YE25 turnover of circa £600,000, with an adjusted EBITDA in excess of £280,000, for one business. YE26 turnover of circa £150,000, with an EBITDA of approximately £35,000, achieved for a second business to be included in the sale. Sale includes two companies that deal with property sales, including auctions, and lettings.

Generates income predominantly through property sales, supplemented by commission from referring clients to financial service providers and solicitors.

In the last financial year, circa 200 home sales completed and over 60 properties were let out through the business. Circa 315 new instructions were created.

A non-shareholding manager is in place to handle day-to-day business operations, with a self-sufficient team able to operate without the shareholders direct involvement.

Operated from ideally located leasehold premises.

Offered for sale to facilitate plans for retirement of one shareholder and to enable another to pursue new ventures.

Offers invited.

Property Information

Property:

Leasehold