BusinessResale are delighted to bring to market this well established, profitable and well managed Franchised Lettings / Estate Agency in Staffordshire. The business consistently generates around £370k a year in turnover with net profits of around £160k.
The office manages some 286 fully managed properties and is handled by the team in the office, with the owners involvement limited to marketing, finances and general leadership of the team. Therefore making this a good investment for a buyer who isn’t looking to take a full time role in the day to day running of the business.
Highlights include:
– Modern and well equipped office
– Well known franchise brand
– £370k turnover
– £160k net profit
– 286 managed properties
– Scope to grow the sales arm of the business
– Day to day operations handled by the team in the office
The business is on track for £400k turnover and £200k net profit for the next financial year.
Contact us for an NDA and further details.