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Growing Lettings Franchise Business In Staffordshire For Sale

Staffordshire
Asking Price:
£210,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£200,000
Cash Flow:
£60,000

This business operates under one of the most successful and proactive franchises in the property sector.

The business has been established for 4 years and has shown good growth each year, continuing despite the current challenging conditions. The turnover is in excess of £200,000.

This business has been mainly focussed in the lettings market and is now ready to push into residential sales, which should produce even greater growth for the forthcoming years.

There is a management structure that controls the day to day activities allowing the owner to work off site for a couple of days a week. With the addition of another member of staff this could be run entirely through management of the team, or just as easily be driven by the new owner leading from the front.

The owner is selling simply because they are planning to relocate and to set up another business through the same franchisor.

This represents an opportunity for you to run your own property business without having to put in 4 years of hard work to get to this point.

The supportive franchisor will supply the initial training alongside the owner and give you a constant resource to refer to. With the strong, instantly recognisable brand and an excellent reputation to date the business has been built without any advertising other than a presence on Rightmove.

The owner understands the excitement of starting your own property business, but, also that finance is not always plentiful when you make such a move. Therefore, for the right purchaser the owner will provide vendor financing to help you to get started.

The business owner and the franchisor are confident that with the right drive and support this will continue to grow into a market leading business.

Property information

Property:

Leasehold

Lease Terms:

The landlord is willing to negotiate a new lease term for the new business owner

Leasehold Rent:

£7,760 per annum

Location:

The business is located in the heart of the lettings area it services, with a street front premises and prominent and instantly recognisable branding.

Business Operation

Expansion Potential:

The business is backed by a very forward thinking franchisor who will actively support acquisitions and growth for the current business model and help with training and experience to grow aggressively into other services in the same industry.

Competition / Market:

This business is uniquely positioned in the competetive marketplace and has an edge over competitors which is obvious when you understand exactly how they operate. The high levels of goodwill will be utilised to branch out and grow into other service offerings.

Reasons for selling:

The current owner is looking to relocate for personal reasons and has agreed to start a new franchise business with the franchisor in the new location.

Trading hours:

Monday to Saturday usual lettings hours

Employees:
3
Years established:
4

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

The franchisor offers a rolling 5 year lease that automatically renews without additional franchise fees.

Other Information

Support & training:

Full support and training will be offered through a well devised programme supplied by the franchisor and including direct instruction from them and the current business owner.

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

The owner is happy to provide vendor financing and will discuss any sensible proposition to a strong buyer.

Furniture / Fixtures value:
£10,000 - included in the asking price
Inventory / Stock value:
£1,000 - included in the asking price

Contact Information

    1. Your Address

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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