Lettings and Estate Agency Business for Sale in Leicestershire
Undisclosed
- Status
FOR SALE
- Advert ID
652760
- Reference
MHIN / Rightbiz
- Call Agent:
- Leasehold: £425,000
- Turnover: On request
- Profit: On request
Business Details
Lettings & Estate Agency Business for Sale in Leicestershire
An excellent opportunity to acquire a successful and long-established lettings and estate agency business. Established in 2010, the business has developed an excellent reputation within the local market and enjoys a loyal and longstanding client base. The business is now being offered for sale as the current owner wishes to retire.
The business is predominantly lettings-focused and benefits from a substantial portfolio of fully managed properties, providing reliable recurring income and high levels of client retention. This established management base offers stability, predictable cash flow and excellent visibility of future earnings.
In addition to its successful lettings operation, the business also provides residential sales services. While the sales division is already profitable, it offers considerable scope for further development, presenting a clear opportunity for a new owner to increase market share and enhance revenues.
This well-established business presents an attractive acquisition opportunity, combining a proven track record, recurring income streams and a respected local brand, together with excellent prospects for continued growth and development under new ownership.
- 67% of income is generated from lettings activity
- 51% of income is generated from the managed portfolio
- Well run, established business with great scope for development
- Retirement sale
- 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.
Contact Agent
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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.
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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
