Long Established Estate & Lettings Agency, South Yorkshire

Overview

Goodwins is delighted to offer for sale a long-established, multi-practice residential estate agency located in South Yorkshire. Trading for 30 years, the firm has built a trusted local name and combines residential sales, a substantial lettings operation and a surveying department within a single, well-run business.

The standout strength is the quality and continuity of the managed lettings income. The agency looks after a portfolio of around 390 properties, the majority fully managed, weighted towards the middle to higher end of the market and supported by landlords who have been with the firm for many years. Alongside this sits a residential sales operation of broadly comparable income, giving the business two complementary and evenly balanced income streams. With turnover of approximately £522,794 and an adjusted profit of approximately £105,000, this is a genuinely solid business, offered for sale only because the directors are looking towards retirement.

Business Highlights

- Established 30 years with a trusted local reputation
- Turnover approximately £522,794
- Adjusted profit approximately £105,000
- Lettings portfolio of around 390 properties, the majority fully managed
- Income split broadly evenly between lettings and sales
- Experienced staff team in place across lettings, sales and accounts
- Retirement sale after three decades of trading

Location

The business trades from an established position in South Yorkshire, where it has been a familiar and trusted presence in its local market for three decades. Its long-standing local knowledge, client relationships and referral network, including a significant flow of instructions from local builders, give it a clear advantage over newer entrants. The precise location is disclosed on receipt of a signed NDA.

Premises & Tenure

The business operates from well-presented office premises that comfortably accommodate the sales, lettings and administrative functions. The premises are held on a leasehold basis, with full details of the arrangements available in the Information Memorandum.

Next Steps

Opportunities to acquire an estate agency of this standing, with strong recurring lettings income, an experienced team in place and 30 years of goodwill behind it, rarely come to market. The Information Memorandum is released on completion of a short NDA, which can be requested through Goodwins. Full details are available in the Information Memorandum.

• Growth Potential
• Highly Regarded
• Loyal Customer Base
• Repeat Business
• Retirement Sale
• Staff In Place
• Well Established