Estate Agents Specialising In Letting
Location Birmingham, West Midlands, United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Full support and any necessary training will be provided during handover as part of a successful sale package.
Reason for Sale The owner has developed other business opportunities which are demanding more time.
Description Estate Agents Specialising in Letting
Ref.CR132
Location Birmingham, West Midlands
Asking Price œ 150,000
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity. This dynamically driven business has far more to offer a new investor than the traditional Estate Agency. Established in 2000 by the business' principal, the business has evolved a very stable and profitable rental portfolio. The rental side of the business currently represents 70% of its turnover, with property sales representing 30%. This has established the company as the most significant rental agent in the area, with 75 managed properties from 62 landlords in its portfolio. Rentals are based on 6month rolling lets.
The company has developed several key facets within its business model. All rental properties are maintained to a good standard with most being fully managed by the agency. The agency maintains a good bank of tenants and has developed a reputation for reliability, honesty and prompt payment, with rent being guaranteed to the landlords. The company is a member of the National Association of Estate Agents, Birmingham Association of Estate Agents and the Tenancy Dispute Service. The business also benefits heavily from the rental income coming from the other tenants above the shop and to the rear. Contact for more information on this Estate Agency for sale.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
