Two Established Estate Agencies in West London
Undisclosed
- Status
FOR SALE
- Date Submitted:
15/06/21
- Advert ID
278213
- Reference
66661-633964 / Rightbiz
- Call Agent:
- Leasehold: £400,000
- Turnover: On request
- Net Profit: On request
Business Details
Two Established Estate Agencies in West London
This Estate and Private Letting Agency specialises in residential properties across London and the UK. The company trades as a franchise nationwide. This opportunity is for the purchase of two estate agencies, operating over two territories, across West London under a highly successful franchise banner. The limited companies were incorporated in 2015 and 2017 respectively and have been owner managed to present. The business currently has offices in prime West London locations.
The owner began the business following an extensive career in property and real estate and has since grown the business to achieve revenues of over £2.6 million in 2021. The business and its offices are independently managed allowing for little oversight from the owner. The business also currently employs a consultant who acts as an Area Manager for the business which allows the owner to maximise their time outside of the business. The business is for sale due the owner’s planned exit strategy to focus on other business opportunities.
Key Strengths:
1. Attractive locations
2. Efficient work force
3. Strong brand name
4. Strong portfolio
5.Regular income stream
6.Excellent 5-star Google Reviews rating
Prospective buyers must have previous experience in lettings or sales and have worked in an estate agent for a minimum of 3-5 years.
PLEASE NOTE:
Financing may be available for qualified buyers.
For additional details or to arrange to view the business, please contact Michael Ziff on [email protected].
To arrange a viewing or for any other enquiries, please get in touch
Contact Agent
Listing Statistics
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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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