Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Estate Agency Sales & Lettings Property Management
LISTING DETAILS
Firms For Sale ID:
29210
Vendor reference:
CR176
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£125,000
Turnover / revenue:
£275,000
Net profit / cashflow:
Undisclosed
Years established:
7
Trading hours:
Monday to Friday: 9am 6.30pm
Saturday: 9am 3.00pm
Sundays Closed
Number of employees:
2
OTHER DETAILS
Reason for selling:
The owner is approaching his 60s and is looking to take life a little easier
Support and training:
The vendor is happy to stay on for a few months in a consultancy capacity, if required to ensure continuity of trading and a smooth transfer of ownership.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Leasehold £13,000 per annum
10 year lease from April 2009
BUSINESS DESCRIPTION
Estate Agency Sales & Lettings Property Management
Ref.CR176
Location Ickenham, West London
Asking Price £ 125,000
This property, sales and lettings agency has been established as a family business since 2005 and has developed a highly respected brand name in the area for offering a fresh and unique approach to marketing properties, with excellent presentation and maximum exposure.
A steady stream of instructions for new properties for sale is received, plus there is a strong client base of landlords and tenants that has been carefully nurtured over the years.
From the outset the business set out to provide exemplary service levels and has used this approach to underpin its position in the local area. The business has, and continues to build-up, a healthy client base.
The services provided include a complete property sales service to steadily increase the portfolio. Additional income is sourced from Corgi / EPC out-sourced contractors.
Expansion Potential
Cost savings for working partners could be considerable with many opportunities to reduce costs.
Introduction of commercial rentals arm and financial services
Focus on additional business development work to generate additional income streams
Potential of increasing business by expanding area of service further than 5 miles radius
Market / Competition / Non-Competition Agreements
The business has an excellent website to showcase the for sale and lettings properties.