Lettings Agency With Low Overheads |
| Undisclosed Lancashire |
| Established in 2008 run by 1 director. Turnover £67000, regular management income of £2300pcm. Diverse client base with no single landlord having more than 4 managed properties. Lots of scope for improvement. Lease to let or rent Lettings Agency With Low Overheads is located in Lancashire. |
| ADVERT NUMBER : 68585
ADVERT IMPRESSIONS : 14,334 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Estate Agents | | SALE: | Private Sale | LEASEHOLD: | £66000 | ANNUAL RENT: | £5200 | | | |
| BUSINESS DETAILS: | 95% of the business comes from referrals and repeat business - tremendous scope to increase turnover. Located in Tameside in Manchester the agency is currently run from a modern office located on a busy road in Tameside and covers lettings and property management in the Manchester area. The business comes with all fixtures and fittings (computers, commercial photocopiers, seating etc). There is free parking to the rear.
Presently run by just one director with occasional admin from 1 part-timer. Business rates are currently nil until October 2012. The agency manages approximately 50 managed properties most of which have been with the agency for over 2 years.
Per Annum
Turnover - £66000
Annual Rent - £5200 pcm ( + vat)
Business Rates - £0
Utilities - £1200
Phone - £3000
Rightmove etc - £4700 ( + vat)
Temp staff - £4000
The current vendor will work with a new owner to ensure a smooth transition and to give the necessary introductions to both landlords and tenants.
The business is being sold by the owner due to ill health. | | | | | | WITHDRAWN FROM MARKET - AWAITING DELETION | | | | | | | | | |
