Successful Student Letting Agent in Sheffield 400 + lets per year

Sheffield, South Yorkshire



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Freehold: Price on Application
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Annual Net Profit: Available upon request

Property Franchise for Sale.

BPS Estates is part of Broomhill Property Shop. BPS is one of the largest student agents in Sheffield, within the region 600 lets a year. BPS has been in business for over 30 years and have a good reputation and links to the cities two universities.

BPS Estates was set up 11 years ago by myself and has grown year after year. I currently manage 130 properties and have in the region of 80 tenant find properties. There is potential to expand the business by persuading the tenant find landlords to our managed service. We successfully navigated the Tenant Fee Ban in June 2019 and are still running at a healthy profit. All of our managed fee's were increased last year and i created more automated services to save on time and money and re-negotiate all of our supplier contracts.

The business broke even on its first year and has run at an increasing profit every year. We have been VAT registered for the last seven years. The business creates a turnover of approximately £300,000 a year, with a net profit of £60.000.

BPS are an established brand with a good reputation with students and landlords.

If you have good customer services skills, property management experience and an entrepreneurs mind; the business has the potential to be taken to the next level. You will not only run at a healthy profit but you'll also take a good income from the business for you and your family.

If you have any further questions, please do not hesitate to contact me. (available on request)

Thanks Gina.

Listing Details
Key Features
  • Accounts Available
  • Prime Location
  • Close to Local Amenities
  • Town Centre location
  • Attractive Business
  • Established Business
  • Company for Sale
  • Fully Fitted
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