Profitable And Turnkey Letting And Estate Agent Franchise | | Undisclosed Warwickshire | | WARWICKSHIRE Profitable & Turnkey Letting & Estate Agent Franchise Busy main through road in north Leamington town centre Unique guaranteed rent scheme Increase sales by expanding commissions gained Business only sale - OIRO £60,000 REF 0042 AV | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72886
ADVERT IMPRESSIONS : 9,861 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Estate Agents | | SALE: | Agent Sale | LEASEHOLD: | £60,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | REF: 0042 AV
PROFITABLE & TURNKEY LETTING & ESTATE AGENT FRANCHISE
PRIME LOCATION ON BUSY MAIN THROUGH ROAD
FULL SUPPORT OF ESTABLISHED FRANCHISE ORGANISATION
SIGNIFICANT GROWTH POTENTIAL
LOCATION
Busy main through road in north Leamington town centre.
HISTORY
The business has been owned by the current Vendor for 4 years.
REASON FOR SALE
The business is being reluctantly sold due to ill health and family reasons.
WARWICKSHIRE:
OIRO £60,000 INCLUDING SAV
SERVICES
• Letting and property management.
• Unique guaranteed income scheme.
• Estate agency sales services.
• Landlord/tenant insurance referrals.
CUSTOMERS
• Part of national franchise network.
SUPPLIERS
• Some suppliers are based on franchise
requirements or group negotiated
discounts, but largely free choice.
STAFF
• 2 full time & 1 part time staff
members.
TRADING HOURS
• 9.30am – 5.30pm (Mon – Fri).
• 9.30am – 12pm (Saturday).
FINANCIALS
• Current Projects:
o Turnover - £330,000.
o Gross Profit - £94,000.
o Net Profit - £14,000.
• Specific income sources;
o Introduction commission.
o Managed commission.
o Sales commission.
o Guaranteed rental income
scheme..
o Administration fees.
o As well as additional
commission sources.
OVERHEADS
Staff £26,000 pa
Rates/Rates £21,000 pa
Marketing £11,000 pa
Other £22,000 pa
Total Circa £80,000 pa
PREMISES
• Open plan office with 4
desks/computers and advertising
window displays to front.
• Rear office with laser printer, postage
machine filing, meeting area and key
cupboard.
• Kitchen/toilet and parking for up to 4
cars.
EQUIPMENT, FURNITURE,
FIXTURES & FITTINGS
• Full turnkey office.
• 4 desks.
• Filling cabinets.
• Server.
• Computers.
• Phone system.
• Kitchen and toilet.
• Proprietary property letting and sales
software.
• Included in asking price is circa £500
worth of stock.
STRENGTHS
• Unique guaranteed rent scheme.
• No debt.
• Turnkey business in net profit.
• Significant growth potential.
• Full support of large franchise
organisation with many UK branches.
• Franchise cost if starting from scratch
would be circa £50,000.
Carpet/furnishing/branding could cost
an additional £10,000 to £15,000.
SCOPE
• Obtain more landlord contracts.
• Obtain more sales contracts.
• Open further branches.
• Expand commissions gained.
VIEWINGS:
• A non disclosure agreement will
have to be signed and returned
prior to any further information
and viewing.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be
conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold,
let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made
without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 0042 av / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
