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Lettings and Estate Agency in Northern England available for sale

Undisclosed

CONFIDENTIAL

  • Leasehold: £300,000
  • Turnover: On request
  • Profit: Not Applicable

Key Features

  • Access to software systems
  • Proven profitability potential
  • Brand reputation and recognition
  • Comprehensive training programmes

Business Details

Lettings & Estate Agency In Northern England for Sale

An excellent opportunity has arisen to acquire a long-standing and reputable lettings and estate agency business, prominently positioned within an historic and highly desirable town. Established in 2005, the business has built a strong local presence and a loyal client base over two decades of successful trading. It is now being brought to market as the current owner looks to retire, presenting a rare chance for a new owner to take over a stable and well-regarded operation.

The business is primarily focused on lettings and benefits from a well-maintained portfolio of fully managed properties. This provides reliable, recurring income streams and a solid financial foundation, making it especially appealing to prospective buyers seeking stability. In addition to lettings, the agency offers residential property sales; however, this aspect of the business is currently underutilised. With increased focus there is clear scope to expand the sales division significantly, unlocking further revenue potential.

Overall, this well-established agency offers an opportunity within a buoyant and resilient property market. With its strong reputation, recurring income base, and clear avenues for growth—particularly through the expansion of its sales services—it offers an incoming owner the chance to build upon an already successful platform and drive the business to the next level.

  • 83% of income is generated from lettings activity
  • 48% of income is generated from the managed portfolio
  • Long standing and reputable business with reliable recurring income streams
  • Scope to expand the sales division significantly, unlocking further revenue potential
  • The business is being sold on a share sale basis

 

Franchise Information

Franchise Terms:

Additional details about our property franchise terms can be discussed once you express interest and we have a signed Non-Disclosure Agreement (NDA).

Support & Training: 

The franchisor offers an initial comprehensive 2-week training programme in sales and lettings at the central office based in Lincolnshire, together with continued professional development and support throughout the term of the franchise.

Financing Available:

The Property Franchise Group can recommend lenders for funding who are keen to lend to our franchisees subject to individual requirements.

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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 'Lettings & Estate Agency In Northern England for Sale - MLHO / 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.