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BUSINESS REFERENCE : CR082 / RightBiz CR082-SPAIN-£111,000-HIGH PROFILE SPANISH REAL ESTATE AGENCY | | | | | | High Profile Spanish Real Estate Agency Confidentially offered for sale Ref No:CR082 Location: Spain Asking Price: €150,000 Asking Price £111,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Estate Agents | | SALE: | Agent Sale | LEASEHOLD: | £111000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
Formed 5 years ago, this first-rate real estate agency has gone from strength to strength and now occupies a prominent corner block in a main pedestrian street surrounded by busy outdoor cafes and restaurants.
The principle service is the sale of properties and to provide clients with the best Real Estate service and advice, based on the highest standards of ethics, values and client care. Providing this service the agency has earned the loyalty and trust of sellers and buyers due to the fact that their interest are always placed ahead of the agencies.
Co-operation with other real estate agents achieves extra turnover by achieving split deals of 50/50 which benefits both parties.
There are a many vital steps clients have to take when buying a property in Spain, a most important factor is that they know they are dealing with a reputable estate agency, with responsible management. This agency is able to recommend lawyers, schools, mortgages, and health care, doing everything conceivable to make the move as easy as possible for the clients.
This business understands that success depends upon everything this business has put in place and has ensured that all systems, processes and procedures are tailor-made to the specific requirements of this business. The business has excellent commission agreements in place and is flexible with established contacts and is an excellent business model that has become more established and successful, offering the highest level of service for the most competitive fees.
The success of the company is based on the company's commitment to finding quality properties and providing the best service for clients. The large portfolio provides an array of choices for any buyer whether they are looking for an investment opportunity or simply a dream holiday home in the sun. The company reputation is based on trust, integrity and an ability to provide good customer service.
Customer Service:
Conscious of the dynamics of the real estate market, this business was conceived with the idea of listening to the customer and devoting all their attention to clients needs. One of the major features in the companies growth and success, apart from the quality of the product, is the importance of good customer communication, which also enables it to maintain a first class after sales service.
Client Base:
The customer base is largely middle to top end of the market with clients selling properties being similar to those wishing to buy. Clients can view from a large portfolio of properties/land including various apartments at around 600,000 euros to villas/homes of around 1Million euros and land with planning projects for up to 2.3 Million. Normally walk in clients are looking at an average of circa 400,000 Euros.
Key Strengths:
The major strength of this business is location, location, location, The business has been built on solid foundations with excellent information technology and along with continuous market assessment has the full understanding of the clients requirements. Given the same common sense approach a significant growth in profitability is inevitable.
This agency has a large property portfolio and excellent product knowledge, clients receive exceptional levels of service, honesty and reliability from polite and happy staff.
Property is excellent value in Spain. According to a recent study by the Council of Mortgage Lenders which bring together U.K. banks and building firms, 60% of Britons seeking to invest in real estate abroad opt for Spain preferably in the coastal regions and a third of this percentage are in the 36-45 age band.
Growth and Expansion:
The sale of this professional Spanish real estate agency presents is a rare opportunity to acquire a highly successful business. With a strong demand for the property and services offered, there is an exciting opportunity to build on the existing groundwork of this business, and increase the turnover and profitability.
Currently the first floor offices are not being used to full potential and could allow for any associated business to operate comfortably ie: mortgage broker, tele sales etc.
Employees:
The business employs 5 sales and marketing staff.
Advertising and Marketing:
This business advertises through Internet Marketing and also benefits from the strongest and most cost effective marketing available - word of mouth recommendation
There are many untapped advertising opportunities.
Premises:
Location, Location, Location, the premises are based in one of the most popular streets in the town, giving the business a very high profile.
Fully renovated the owner has created a spacious ground floor with ample display areas and three sales desks. Upstairs are two more offices with store room and services.
Excellent underground parking facilities available at opposite ends of the street.
The property is rented with two and half years remaining and comprises some 60 square metres of prime office space. Annual rent is 36,000 euros.
The business is set in a thriving town and is a great place to live and work while soaking up the atmosphere. The agency has easy access and all local facilities and the International Airport.
If you enjoy beautiful surroundings with the Mediterranean sun on your back, then this is the business to buy.
Business Hours:
Monday – Friday 10am – 2pm 5pm – 8pm
Saturday 11am – 2pm
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The business is financially stable with low overheads and the vendor feels that with continued investment in sales and marketing the business will significantly increase its revenues. The current turnover is in excess of 240,000 euros per annum with a net profit of circa 130,000 euros.
Reason for Sale:
Personal. The owner now wishes to take the opportunity of sailing his boat around the world and is offering this excellent business for sale not only as a going concern, but also with further significant growth potential.
Support and Training:
The owner is happy to provide full and comprehensive business familiarisation, training and handover for a period of time to be negotiated prior to the sale. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | CR082 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
