A fantastic opportunity to acquire a family run business. The business has been trading for over 10 years with the current owners, a husband and wife team, since 2014. It has grown significantly over the years due to the current owners acquiring independent businesses in their local market. The business is now on the market due to the owners wanting to focus more time on their maturing family.
The business is primarily lettings focused, with the emphasis on a fully managed service. This could still be improved by increasing the managed portfolio organically and acquiring independent businesses in the future. This would in turn generate repeat income on a monthly basis and over time this will increase the asset value. The business has also been successful in offering a sales service, however there is increasing potential in the area should a new franchisee be able to focus further on developing this along with financial services.
64% income generated from lettings activity
48% income generated from the managed portfolio
36% income generated from sales activity
Growth in income could be achieved through the sale of properties, financial services and block management
Low level of multiple Landlords and no student properties
The business is being marketed as an asset sale.
Further information is available upon request; please contact the seller below for more details.
