CONFIDENTIAL
FOR SALE
644954
Located in Manchester, this family-run rent-to-rent estate agency presents an exceptional opportunity for interested buyers. With over seven years of industry experience, we manage a portfolio of more than 50 properties, primarily in prime city centre locations, and benefit from partnerships with three leading estate agents. Together, these agents have consistently supplied us with over 47 properties under a corporate letting agreement, a partnership that has been successfully renewed year after year since 2019.
Our agency operates with remarkably low costs, allowing us to maintain a healthy profit margin. The portfolio consists entirely of leasehold properties, all positioned in sought-after central locations, making them highly desirable for tenants. As a testament to our success, we have seen a steady increase in turnover over the years, currently standing at an impressive £1,200,000, with an annual rent of just £9,000.
Stable Business Foundation
This well-established agency has been under our ownership for the past seven years. We have cultivated a solid business model, supported by long-term client contracts that ensure consistent revenue streams. With two dedicated employees on board, the business is primed for further growth, making it an appealing proposition for potential buyers.
Comprehensive Training and Support
We understand that transitioning ownership can be daunting, which is why we are committed to providing comprehensive training and support to the new owners. This ensures a seamless handover and allows the new management to take full advantage of the agency's existing infrastructure and reputation.
Included Assets and Growth Potential
The asking price for this leasehold opportunity is available upon request, and it includes all necessary equipment to operate the business effectively. With established practices and an admirable annual turnover, the agency presents significant growth opportunities for new owners. Whether through expanding the portfolio or maximising existing client relationships, the potential for success is considerable.
If you are seeking a profitable venture in the property management industry, this estate agency in Manchester could be the perfect fit.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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