BusinessResale have been instructed to find a buyer for our clients well established and highly profitable franchised Lettings / Estate Agency in Yorkshire. The business manages 800+ properties which produce a turnover of around £930k and an EBITDA of £170k.
Operating from 3 premises, the business has an impressive staff structure in place which allows the business to run with minimal input from the owner on a day to day basis, allowing the owner to concentrate on strategy and managing the team.
– £930k turnover
– £170k EBIDTA
– Over 800 managed properties
– Strong sales pipeline and sales stock
– 3 office network
– Experienced team in place to manage and grow the business
– Rated as one of the best run offices in the network by the franchisor
– Increasing turnover & net profit year on year
– Genuine reason for sale
The business is marketed at £630k for the Asset OR Share purchase of the Ltd company. There is an additional franchise fee payable.