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Lettings Agency £168k NP In West Midlands For Sale

West Midlands, UK
Asking Price:
£475,000 Furniture / Fixtures included
Sales Revenue:
£420,000
Cash Flow:
£168,000

BusinessResale are delighted to bring to the market our clients profitable franchised Lettings & Estate Agency in the West Midlands. The business has been operating for over 10 years and has built up a strong reputation in the area. The financials are strong with increasing turnover year on year leading to a £168k readjusted net profit for the YE 2022.

Highlights include:

• £420k turnover
• £168k readjusted net profit
• 300+ fully managed properties
• 300+ let only properties
• Well known franchise
• Modern office
• Retirement sale
• Good staff structure

The business is priced attractively at £475,000.

There is an additional franchise fee payable.

Please note this is a franchise, therefore any existing agents would need to rebrand / merge their business into the franchise.

For any agents considering buying a franchise, please see our blog post below which explains how one of our buyers bolted his business into a franchise and quadrupled his profits.

Property Information

Property:

Leasehold

Location:

Centrally located.

Premises Details:

Modern Office.

Business Operation

Reasons for selling:

Retirement Sale

Years established:
10+

Other Information

Support & training:

Full training and on going support will be provided by the franchisor. The owner will also provide a handover.

Financing available:

Funding options are available.

Contact TaylorMayers Ltd

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