Equity Partnership Of A Professional Letting Estate Agency For Sale

Business description

Current annual income, in the region of £110,000. (Management/lettings -£80,000. Professional £20,000, Residential Sales £10-20,000 * Just started) This is a highly respected professional management and sales agency, which has been established for over 7 years and due to an increasing workload the vendor, has decided to seek a full time WORKING equity partner/director or merger with a local company to continue in their ongoing success. Income for last year was £90,000 and without any additional expenditure on advertising or by going outside their immediate area, trade has increased 20%. The business offers many opportunities, including residential and commercial management/sales, professional and agricultural, due to the rural location. We are seeking offers in the region of £49,500. for 50% of the entire Issued Shares of the Limited Company

Property information

Property:

Leasehold

Lease terms:

TBA as just moving to new premises

Location:

Towmn Centre LOcation

Premises details:

TBA

Business Operation

Expansion potential:

Huge

Reasons for selling:

Needs full time working partner, as can no longer keep up with work and further expansion potential.

Years established:

7