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PROPERTY INVESTMENT AGENCY

Undisclosed, Essex
Status
FOR SALE
Advert ID
259558
Reference
M6129E / Rightbiz
Leasehold Price: £295,000
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

PROPERTY INVESTMENT AGENCY that was OWNER ESTABLISHED IN 2012 currently offering NATIONWIDE INSTRUCTIONS from an ESSEX BASED OFFICE that can EASILY BE RELOCATED and is RUN UNDER MANAGEMENT. 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 accounts for the year ending 30th April 2019 show NET SALES OF £598,925 with a gross profit margin of approximately 38%, yielding adjusted NET PROFITS IN EXCESS OF £173,000. 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.

Listing Details
Location: Undisclosed, Essex
Sector: Investment Properties, Estate Agents
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Advert Reference: M6129E / Rightbiz

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