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Established Lettings And Estates Agency For Sale

Swansea, West Glamorgan, UK
Asking Price:
£200,000
Sales Revenue:
£200K - £500K
Cash Flow:
Under £50K

A very well established and market leading property lettings, management and sales agency for sale. The company has established for nearly a decade and has grown from strength to strength for a number of years providing a very good income for its owners.

The lettings arm of the business deals with student and professional lettings and has established itself as a well known brand name within the market. The business provides strong and predictable revenue streams for its owners derived from a number of parts of the business, the principle of which is the management portfolio. These are properties managed by the business and provide a strong, predictable and reliable monthly income stream.

The sales/estate agency arm of the business is smaller, simply due to the organisation not carrying out any marketing of services, instead relying on organic enquiries and referrals typically selling between ten and twenty five properties per year.

The business has an established team of staff that are professional and are able to manage their roles effectively and independently on a day to day basis. The business trades from an established and striking office that is available on a leasehold basis if required. The business has a strong turnover and balance sheet.

The owners are considering selling the business due to a change of circumstances and wishing to pursue other life interests.

If interested, please contact us for more details by filling the form given below.

Property Information

Property:

Leasehold

Lease Terms:

There is currently no mandatory lease in place however if a buyer wishes to lease the premises this will be available on a negotiable lease term (subject to negotiation with the landlord)

Leasehold Rent:

£20,000 per annum

Location:

Prime High Street Location

Premises Details:

The premises is located in a very busy location with excellent footfall.

Business Operation

Expansion Potential:

The business has never been marketed other than the efforts of a Director. There is no outbound marketing or marketing expenses other than property portals. With the right approach and time dedication, the business could be grown and developed to outperform all of its competitors.

Reasons for selling:

Owners wishing to pursue other interests.

Trading hours:

Monday - Friday 9am until 5pm.

Employees:
7
Years established:
9

Other Information

Support & training:

A prospective buyer can look forward to a full and detailed handover as well as intensive training and support from the outgoing owners.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Potential for owner financing for 25% of the business value in order to facilitate a sale.

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

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