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Established Property Maintenance & Management Business in Barnet, London with Recurring Clients for Sale

Relocatable

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    631095

  • Asking Price: Price on Application
  • Turnover: £240,000 (£4,615 per week)
  • Profit: On request

Key Features

  • Accounts Available
  • Established Business
  • Offers Invited
  • Company for Sale

Business Details

Property Maintenance & Management Business for Sale in Barnet, London – Established with Recurring Clients

Property Maintenance & Management Services Business for Sale

For sale is a well-established property maintenance and management business operating in Barnet, Greater London. Over the past seven years, the business has experienced significant growth and now offers exceptional prospects for a new owner. Utilizing cutting-edge management technologies such as Jobber for scheduling and client communication, Ember for comprehensive accounting needs, and Wise for efficient online banking, the company ensures streamlined operations. These systems collectively provide transparency and simplicity, allowing an owner to take the reins with ease.

Established in a strategically convenient location with great connectivity, the business benefits from various nearby amenities including shops, restaurants, schools, and transport links like the High Barnet tube station. This advantageous positioning helps in attracting and maintaining a strong client base. The business also holds a competitive position in the local property maintenance and handyman services market - a space characterized by a broad range of service providers, from individual tradespeople to larger companies.

Included in the sale are valuable business assets such as the website, domain name, and expansive client database. The company has shown robust financial health with a doubling of turnover annually for the first five years, indicating strong market demand and effective business operations. Annual revenue figures started at £20,000 in Year 1 and grew to £320,000 by Year 5, highlighting impressive growth.

Due to its considerable expansion, the current owner finds the demand too significant to handle alone, creating an opportunity for a new owner to further develop the business with a dedicated team. Currently supported by a flexible pool of 5–10 self-employed contractors and led by the owner as the sole PAYE employee, the business boasts low overhead costs while maintaining operational flexibility.

The business possesses a strong online presence, featuring a professional website and a Google Business profile with positive customer reviews, which continue to attract new clients and reinforce credibility with landlords, estate agents, and property owners. To ensure a smooth transition, the current owner is committed to providing comprehensive training, including vital client introductions and insights into managing daily operations effectively.

This is a unique opportunity for prospective buyers to acquire a thriving enterprise with a robust structure, dependable workforce, and an established client base ready for continued success.

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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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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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