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Property management provider in [Location] focusing on block and estate management available for sale

Undisclosed

CONFIDENTIAL

  • Leasehold: Price on Application
  • Turnover: £750,000 (£14,423 per week)
  • Profit: £508,000 (68% Profit margin)

Business Details

Property Management Provider Specialising in Block Estate Management

Based in South East England

The company is a property management business, specialising in residential block and estate management and offering management services for residential and commercial landlords, which includes assured periodic tenancies, commercial leases, light industrial units, and lock-up garages.

Having established a trusted brand and a proven track record, the company benefits from diversified revenue streams across a mixed management portfolio that provides substantial recurring contracted revenue.

Our clients are now offering the company for sale to facilitate retirement plans.

Offers invited.

Key Highlights

- Serves over 80 clients, all of which provide ongoing, repeat business.

- Strong client retention rate, with many clients having used the company since its inception almost three decades ago.

- Has established long-standing relationships with trusted and respected contractors and suppliers.

- FCA registered, CMP compliant, and a member of the Property Institute and the Property Ombudsman.

Financial Highlights

- Management turnover of £750k in YE26, with an adjusted EBITDA of £508k.

- Turnover of circa £770k achieved in YE25, with an adjusted EBITDA of £509k.

- Annual rolling contracts account for 80% of overall revenue.

- Works due to start this FY to provide additional ongoing recurring revenue valued at circa £17k per annum.
 

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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 'Property Management Provider Specialising in Block Estate Management - 510031 / 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.