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Student Accommodation Provider And Property Management Business For Sale

UK
Asking Price:
On request
Turnover:
£500K - £1M
Net Profit:
Available on request

Based in Northern England,. YE24 forecasts a turnover of £1m. Turnover in FY23 was £924k, with a gross profit margin of 94%. Let's check out a selection of over 40 well-maintained properties for students locally, ranging from one-bedroom flats to 10-bedroom houses. Also currently manages 34 properties for local student landlords. All properties are near the city centre and within walking distance of the local university. Has developed an easily navigable mobile and tablet application to simplify booking and property repairs. The National Residential Landlords Association and Federation of Small Businesses are accredited, as well as being local authority approved. Operates from ideally located freehold premises, which will be included in the sale with additional parking for up to eight cars nearby. Excellent bolt-on acquisition for complementary service providers. Scope to redevelop the company’s premises to provide further student flats, expand the business’s service offering, recruit additional staff, and invest in marketing to facilitate growth. Offered for sale to facilitate retirement plans. Offers invited.

Property Information

Property:

Freehold