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Top Student Housing & Property Management Business for Sale in Northern England

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    21/09/22

  • Advert ID

    500601

  • Reference

    152712 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £924,000 (£17,769 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

REPUTABLE, POPULAR STUDENT ACCOMMODATION PROVIDER & PROPERTY MANAGEMENT BUSINESS – NORTHERN ENGLAND

YE24 forecast turnover of £1m. Turnover in YE23 of £924k with a gross profit margin of 94%. Lets out a selection of over 40 well-maintained properties for students locally, ranging from one-bedroom flats to 10-bedroom houses. Also currently manages 34 properties for local student landlords. All properties are near the city centre and within walking distance of the local University. Has developed an easily navigable mobile and tablet application to simplify booking and repairs of properties. National Residential Landlords Association and Federation of Small Businesses accredited, as well as being Local Authority approved.
Operates from ideally located freehold premises, which will be included in the sale with additional parking for up to eight cars nearby. Excellent bolt-on acquisition for complementary service providers. Scope to redevelop the company’s premises to provide further student flats, expand the business’s service offering, recruit additional staff and invest in marketing to facilitate growth. Offered for sale to facilitate retirement plans.
Offers invited.

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.

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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.

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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.'.

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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.

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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 'REPUTABLE, POPULAR STUDENT ACCOMMODATION PROVIDER & PROPERTY MANAGEMENT BUSINESS – NORTHERN ENGLAND - 152712 / 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.