Total of 18656 firms and businesses for sale today Saturday 20th April 2024
Sold. Property Inventory Business Residential And Commercial
LISTING DETAILS
Firms For Sale ID:
33833
Vendor reference:
CR188
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£80,000
Turnover / revenue:
£200,000
Net profit / cashflow:
£40,000
Years established:
5
Number of employees:
7
Employees / staffing:
The business employs 2 office staff and a team of 5 field-based staff who are experienced inventory inspectors using state of the art advanced equipment for the delivery of reports, images and digital signatures. This up to date equipment ensures the business stays at the forefront of inventory services.
OTHER DETAILS
Reason for selling:
The vendor has additional business interests to attend to.
Support and training:
A handover period can be agreed to suit the new owner
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The office is based in leasehold premises, if required the business could be relocated within the City and still retain the large, established client base.
BUSINESS DESCRIPTION
Property Inventory Business
Residential and Commercial
Ref.CR188
Location South West
Asking Price GBP 80,000
This highly successful and profitable business has been going for some 5 years and during that time has established a strong client base among real estate agencies and landlords in this busy south west city.
The business model is extremely attractive and there is a significant opportunity to roll out the same platform in other capital cities as either a wholly owned or a franchised operation.
The business provides a property inventory service to landlords and agents for their rental properties. When a tenant vacates the property the companys employees enter the property, check the inventory against the lease and verify the condition of the goods. The range of services provided includes the preparation of property Inventory and Schedule of Condition, Check Outs and Check Ins etc. Inventory Reports are prepared and delivered to the client using the latest technology with accompanying photographs.
The market for this business is constant. The business has a steady and regular client base of over 120 landlords, housing associations and estate agents who require a new inventory to be created at the beginning of each tenancy to protect either party in the event of a dispute about the state of the property and its contents.
Expansion Potential
As previously stated the successful business model offers considerable possibility for expansion into further cities in numerous geographical areas, including franchising.
Market / Competition / Non-Competition Agreements
The company has an excellent website providing details regarding the capabilities and services provided. A high proportion of the business' revenue has been due to having an excellent reputation along with a constant ongoing review of where they need to be in a changing market.