Successful Student Letting Agent in Sheffield 400 + lets per year

Sheffield, South Yorkshire

Status

FOR SALE

Date Submitted:

13/02/20

Advert ID

256202
Freehold: Price on Application
Leasehold: Price on Application
Annual Turnover: Available upon request
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
Map and Street View
Listing Statistics
Impressions
i
The impression statistic is how many people have seen this advert on the search page.
:
Views
i
The view statistic is how many people have viewed this advert.
:
Enquiries
i
The total enquiries statistic displays how many people in total have made an enquiry to the advert.
:
Interested
i
The percentage rate displays the percentage of people that are interested in this business for sale.
:
Watching
i
This figure shows a number of people that have shown interest in this business for sale.
:
Last Viewed
i
The last viewed statistic displays when the last user has viewed this advert.
:
Last Updated
i
The last updated statistic displays when the last time the seller has updated its details.
:
Last Enquiry Received:
Contact the seller for more details, or book a viewing
Disclaimer
The data showed regarding this advert 'Successful Student Letting Agent in Sheffield 400 + lets per year' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller