Our client is looking to secure a buyer for their highly profitable and well established Franchised Lettings / Estate Agency in Suffolk. The business has been trading for many years and has built up an excellent reputation in the local area which can be backed up by some excellent Google reviews. Highlights include:
– Superb location
– £470k turnover
– £145k net profit
– Business run under management
– Well established business
– Excellent reviews
– Around 500 fully managed properties
– Genuine reason for sale
– Owner happy to provide a handover period
This is an excellent opportunity for a buyer to purchase a near hands off business with huge growth potential to grow the sales arm of the business. Turnover is consistent and has risen from £450k YE 2019 to £470k YE 2020.
Enquire for an NDA and further details on this opportunity.