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Businesses For Sale   >>   United Kingdom Businesses For Sale Categories   >>   

Residential Property Lettings, Management

Location  United Kingdom
Asking Price Range  $250K - $500K
Gross Revenues  $154023
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1971
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Reason for Sale  The business is for sale as the vendor has reached retirement age.
Description  Residential Property Lettings, Management, and Estate Agency Confidentially offered for sale Ref No: CR171 Location: Docklands East London Leasehold Asking price: A150,000 This well established property lettings, management and sales business has had a local presence for over 30 years. The vendor has reached retirement age and has very little input in the day to day operation of the business, which is ably run by an established team of long serving personnel and a full time Manager. From the outset the business set out to provide exemplary service levels and has used this approach to underpin its position in the local area. The business has, and continues to build-up, a healthy client base and can boast very low attrition rates. Currently the lettings side of the business has approximately 100 properties under management with long term lettings and a minimum of at least 2-4 properties per week are let subject to a let only agreement.
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