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Top Property Management Company with 11 Luxury Student Apartments for Sale, £2.3M Turnover in YE21

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    23/03/21

  • Advert ID

    274196

  • Reference

    150733 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: Price on Application
  • Turnover: £6,600,000 (£126,923 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

A HIGHLY REGARDED PROPERTY MANAGEMENT COMPANY MANAGING 11 LUXURY APARTMENT BLOCKS AIMED AT STUDENTS

Projected turnover of £6.6m in YE23. Turnover of £4.4m in YE22. Provides block management, property management and tenant sourcing services for 11 apartment blocks across a major city in the North West and a large town in South East England. Has recently begun to offer sales which are expected to increase turnover exponentially. Strong second-tier management team.  Operates from leasehold premises. Our Clients are offering the company for sale as they wish to realise the assured wealth derived from the value of the existing business. Offers invited.

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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.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'A HIGHLY REGARDED PROPERTY MANAGEMENT COMPANY MANAGING 11 LUXURY APARTMENT BLOCKS AIMED AT STUDENTS - 150733 / Rightbiz' 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.