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Franchised Lettings Business Outskirts Of Nw London For Sale

Hertfordshire, UK
Asking Price:
£99,000
Sales Revenue:
£120,000
Cash Flow:
£15,000

Our client is looking for a buyer for their franchised lettings business in Hertfordshire. The business manages some 60 fully managed properties and a handful of let only properties. Financially, the business has a turnover of around £120,000 with a net profit of between £10k – £20k. It’s worth noting this is after paying a directors salary of £18k pa.

Highlights include:

– National franchise brand
– c60 properties under management
– £120,000 turnover
– £10k – £20k net profit
– Directors salary of £18k
– Owner currently works on a part time basis
– Huge growth potential

The business is listed for sale at £99,000.

Enquire now for an NDA and further details on this business.

Please note that as this is a franchise, this would not be suitable for an independent agent looking to a bolt on acquisition.

Property Information

Property:

Leasehold

Contact TaylorMayers Ltd

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