Established Edinburgh Letting Agency Shares Business For Sale

Business description

Fairview Property Ltd is a Linlithgow based Letting Agency which has been running for 3 years.

Due to the arrival of a new member in the family and consequent time constraints we are now looking to sell the business.

We have recently handed back management of the majority of the properties on our books to previous clients, and currently retain management of 3 properties (in Bathgate, Livingston, and Polmont). Each property is owned by a different landlord.

The business has an established, bespoke web site complete with corporate branding, linked into Lettingweb, one of the 3 main letting portals. All properties are managed via the Lettingweb site, and are automatically linked into our own web site (which additionally has full content management).

Our internet presence currently generates a current average of 16 new Landlord enquiries per month, the majority of these coming from landlords in Edinburgh.

In addition the business uses UK industry standard letting agency software (CFP Winman) which is used to track all client/property/rental activity and transactions. This was purchased at a cost of £2233.32 inc VAT in 2007.

All accounts to date have been recorded in Quickbooks however we have a copy of Sage Instant Accounts as well for use going forward.

The business is currently run from a home office, and as such can be easily relocated.

For details of current income/expenditure and other financial info please see the attached PDF document 'Financial Information'.

If you require any additional information or would like copies of our previous accounts please let us know and we will be happy to help.

Property information

Location:

Home Office, based in Linlithgow, West Lothian, EH49 6EF.

Premises details:

Home Office.

Other information

Expansion potential:

Currently receiving an average of 16 new Landlord Enquiries per month, mainly from Edinburgh Landlords.

Support & training:

A day's handover training will be provided. All existing documentation including Lease Documentation, Landlord/Tenant Application Forms, Agency Agreement etc will be provided. Ongoing support of the lettings software would be included in an annual support contract once reinstated with the software provider.

Reasons for selling:

New addition to the family now restricting working hours.

Website:

www.fairview-property.com

Related documents:

• 
• Financial Information