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BUSINESS REFERENCE : CR093 / RightBiz CR093 -SCOTTISH CENTRAL BELT -£199,950-GLOBAL BRAND ESTATE AGENCY FRANCHISE | | | | | | Global Brand Estate Agency Franchise Confidentially offered for sale Ref No:CR093 Location: Scottish Central Belt Asking price £199,950 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Estate Agents | | SALE: | Agent Sale | LEASEHOLD: | £199,950 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
Established in 2003, this business, an internationally known brand, is one of the fastest growing estate agency franchises in the United Kingdom. Run by professionals with extensive experience in the property sales and lettings sectors, this business has grown year on year to one of the leading offices within the group.
The secret to the success of this operation is not only the support that this business receives from the franchisors but also the excellent levels of customer service they in turn provide to property owners.
This business benefits from one of the best franchise packages within the sector. Operating in an exclusive trading area each franchisee can benefit from income streams from residential sales, new homes sales and conveyancing services.
With this year’s profits almost double that of last year and set to grow even more significantly over the next few years, this is an excellent opportunity to acquire a very well established and profitable Estate Agency Franchise.
Customer Service:
This business offers the highest levels of customer care with providing professional and comprehensive services to facilitate a successful sale, let or to put the right financial package in place. The aim is to provide a top quality service, combining a professional standard with a personal touch and operating an open, honest and transparent service.
Key Strengths:
This business understands that its success depends upon its associates enjoying their own success. Consequently everything this business has put in place is designed to ensure its associates offer the highest level of service for the most competitive fees in their respective areas.
Established and run by expert estate agency professionals with many years experience and know how, this business has developed an excellent business model for itself. With very low overheads an unusually high proportion of turnover goes to the bottom line.
Key Opportunities:
This business clearly has momentum in the marketplace and there is every confidence that the plans it has in place will ensure it stays on its budget throughout the remainder of the current financial year and beyond.
Although this business has already ventured into the letting market, there is significant opportunity to expand further into this sector to maximise letting revenues and profitability.
Employees:
The day-to-day operation of the business is managed by the Managing Director supported by his wife, together with two further employees involved in administrative support.
In addition, there are a further 8 associates who operate on a sef employed basis, paying a monthly fee for a ‘desk’ and benefiting from substantial commission payments.
Advertising and Marketing:
As you would expect from an Estate Agency, there is a substantial local press presence, supported by the franchisor publication.
Premises:
The business operates from an excellent ground floor corner location in a major Scottish City. With ample, free local parking and located on a major thoroughfare in the City, the business enjoys high levels of awareness and footfall.
The vendor has also recently taken additional offices next door to accommodate the growing team of associates.
Rent, Rates and Water are Circa £1,347.00 per month.
Financial Information: The business is being offered for sale as a going concern. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover for the 2006/7 financial year was on target to exceed £700,000 generating a net profit of Circa £190,000.
Reason for Sale:
The vendor moved back to Scotland from the USA 4 years ago and has now decided to return with his family.
Support and Training
The Owners will provide full business familiarisation, training and handover to ensure a smooth transition of the business | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | CR093 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
