Back to listings Save

Estate & Lettings Agency Leicestershire £80k Net Profit Franchised

Undisclosed

CONFIDENTIAL SALE

  • Leasehold: £200,000
  • Turnover: £400,000 £7,692 Per week
  • Net Profit: N/A

Business Details

BusinessResale are delighted to bring to the market this well-established Franchised Estate & Lettings agency in Leicestershire.

 

The business has been operating for well over 10 years and operates from a modern and spacious premises which any buyer will be impressed with upon meeting with the owners. Financially, the business is on track of their best performance to date. The YE2020 accounts showed a £340k turnover with the YE2021 set to exceed this with ease.

 

This is primarily a sales focussed business, however, there is a respectably sized lettings portfolio which generates the business around £6000 a month in recurring income which will provide any buyer with a good level of comfort that if there are any quiet sales months, there is still a good base level of income being generated.

 

Highlights include:

 

-          Sales focussed business

-          c£6000 a month of recurring lettings income

-          Increasing turnover for the last 3 years

-          c£80k net profit

-          Experienced team in the office

-          Genuine reason for sale

-          Well known franchise brand

 

The business is listed for sale at £200,000.

 

Contact us for an NDA and further details.

Read more

Key Features

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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.

0 of 0

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.

0 of 0

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'Estate & Lettings Agency Leicestershire £80k Net Profit Franchised - BRS8638 / 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.