Featured Brokers
CONFIDENTIAL
WITHDRAWN
652430
This well-established lettings agency has been operating for eleven years, specialising in single lets and Houses in Multiple Occupation (HMOs) across London. With a solid reputation built over a decade, the business offers a wealth of experience and deep knowledge of the local rental market, making it an attractive prospect for potential buyers.
The agency currently operates with a team of two highly skilled employees and maintains a robust online presence through its dedicated website. This increases visibility and accessibility for both tenants and property owners, essential factors in today’s digital age.
One of the key highlights of this business is its impressive profit margin of £30,000, showcasing its strong financial foundation. The asking price for the agency is available upon request, offering flexibility for negotiations. Additionally, all essential stocks, including computers and software, are included in the sale, ensuring a smooth transition for the new owner.
Over the past year, the business has seen an increase in turnover, indicating a healthy growth trajectory and strong market demand. The existing owner is looking to sell the agency to focus on another business venture, creating a perfect opportunity for someone looking to step into a thriving lettings agency.
Key Features of the Business
The lettings agency boasts numerous features that enhance its appeal:
Moreover, the current owner is committed to ensuring a seamless transition for the new owners and is offering training opportunities to aid in the handover process. This support will equip the next owners with the knowledge and skills necessary to maintain and grow the business further.
In summary, this lettings agency presents a unique opportunity for prospective buyers, combining a stable income, a wealth of local knowledge, and significant growth potential in the bustling London rental market.
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
Get Solicitor
The data showed regarding this advert 'Lettings Agent for Sale in North London ' 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.