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£300k Net Profit Lettings Agency Staffordshire Run largely under management

Undisclosed, Staffordshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    17/01/22

  • Advert ID

    288997

  • Reference

    BRS7021 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £1,000,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Company for Sale
  • Attractive Business
  • Prime Location
  • Town Centre location
  • High Turnover
  • Close to Local Amenities
  • Large Business for Sale
  • Established Business
  • Retirement Sale
  • Central Position in Affluent Village
  • Accounts Available
  • Unique Business

Business Details

£300k Net Profit Lettings Agency Staffordshire Run largely under management

Our clients are looking for a buyer for their profitable and well established franchised lettings / estate agency in Staffordshire. The business manages around 470 properties on various management schemes plus a further 300 let only properties. This leads to a GP of around £750k with a readjusted net profit of £300,000.



Operationally, the business has a team of experienced staff which allows the current owners to work in the business on a part time basis.  


Highlights include:

- £750k gross profit 
- £300k readjusted NP
- Around 470 properties on various management packages 
- c300 tenant find only properties 
- Owners work on a part time basis 
- 10 members of staff 
- Established well over 10 years 
- National and well known franchise brand 


The business is offered for sale at £1,000,000 for a share sale of the Ltd company. There is an additional franchise fee payable. 

As this is a franchise, any existing agents would need to rebrand / merge their business into this particular franchise. i.e. this wouldn't work as a bolt on to an existing business. 

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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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.

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

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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.

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

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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.

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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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 '£300k Net Profit Lettings Agency Staffordshire Run largely under management - BRS7021 / 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.