BUSINESS DESCRIPTION
The Business was first established in 2003 as part of a combined Lettings and Sales Company and subsequently divided in 2009 to become an independent Property Management and Lettings Agency. Growth over the last four years has been consistent and the Company now has a strong presence in the area, a good reputation and a solid client base. All services that are normally associated with this type of business are offered, from Tenant Introduction and Referencing to Full Property Management. All client deposits are lodged with DPS (Deposit Protection Service) and contracts are in place with all Landlords. The owner has a full time role in the business and wishes to sell in order to re-locate. This Company would make an ideal “Bolt-On” acquisition, being easily incorporated into an existing local Lettings Agency, may present an ideal opportunity to quickly establish a presence in a new operating area or would suit someone looking to start their own business venture.
Financials:
Turnover 31st March 2013: £68,851
Net Profit 31st March 2013: £48,584
Offers Invited for a Goodwill & Assets Sale