FOR SALE
22/10/20
335
M6129E / Rightbiz
HOME BASED PROPERTY INVESTMENT AGENCY that was OWNER ESTABLISHED IN 2012 currently offering NATIONWIDE INSTRUCTIONS from ESSEX that can EASILY BE RELOCATED and is OWNER RUN. Our client has built up HIGHLY ENVIABLE RELATIONSHIPS working with KEY MASTER AGENTS and with MAJOR DEVELOPERS specialising in OFF-PLAN STUDENT ACCOMMODATION & BUY TO LET INVESTMENTS ranging from £60,000 to £350,000 to command AGENCY FEES UP TO 9% plus BONUS. Advertising on well known platforms such as RIGHTMOVE, ZOOPLA, ON THE MARKET and PRIME LOCATION the business also benefits from a BUYER DATABASE OF 25,000 INVESTORS. Turnover on latest set of accounts show NET SALES OF £147,572 with a gross profit margin of approximately 47%, yielding adjusted NET PROFITS IN EXCESS OF £32,000. We feel there is HUGE SCOPE to further increase revenues with the introduction of local agency as this is not an area that has been explored. Property Investments are sold on a 28 day exchange with 14 day payment terms providing the business with high cash flow levels so an EARLY VIEWING IS ADVISED.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.