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Well Established Franchise Resale In Hertfordshire For Sale

Hertfordshire, UK
Asking Price:
£495,000 Furniture / Fixtures included
Turnover:
£910,000
Net Profit:
£110,000

Having been established for 18 years, a large franchise within the Belvoir Group has become available in Hertfordshire.

The owners wish to commence their retirement plans.

Key highlights are below (YE Jan 2023):

• Turnover £910K
• Adjust net profit circa £110K
• Property portfolio is circa 155, comprising 88 fully managed, 45 guaranteed rent and 22 rent
collection. In addition, there is 89 let only properties, many with annual renewal fees.
• Estate agency is currently providing less than 5% of total turnover and is a huge opportunity.
• Further growth opportunities within property sales, mortgages, conveyancing referrals and
financial services.
• Excellent reviews (Google and All Agents) with the office being awarded BEST AGENT on
multiple occasions, including in 2023.

There is an accomplished team in place. This is an ideal business for someone who has a passion for property, both in terms of sales and lettings.

Property Information

Property:

Leasehold

Location:

The office is located in a large town which falls within a popular commuter area, with excellent transport links the train station is conveniently nearby, bus stops that are mere seconds away and ample parking facilities just opposite.

Within easy walking distance, you’ll find a plethora of shops and dining establishments, and the post office is just a brief stroll away.

Premises Details:

The building boasts two spacious windows, ideal for showcasing the properties you have available. Additionally, it is adorned with brand franchising colours.

Business Operation

Reasons for selling:

The owners wish to commence their retirement plans

Trading hours:

Mon- Fri: 9:30 - 17:30
Saturday: 09:30 - 16:00
Sunday: Closed

Years established:
18

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Additional details about our franchise terms can be discussed once you express interest, and we have a signed Non-Disclosure Agreement (NDA) in place.

Other Information

Support & training:

The franchisor offers an initial comprehensive 4-week training programme in sales and lettings at the central office based in Lincolnshire, together with continued professional development and support throughout the term of the franchise.