Estate Agency With Lettings & Distressed Vendor Division For Sale

Business description

Key Points:
Easily understood and replicable business
Lucrative fast turnaround property division
2 branch Estate agency in south east London
Recently established lettings
Currently profitable in present difficult housing conditions
Expected net profit for 2009 is £100K +

Business Activities:
Traditional two branch high street estate agency and lettings business in south east London region.

A specialist division was introduced a number of years ago when the opportunity was spotted in the Estate Agency for potential clients who wanted to sell their property quickly. The business consequently set up a highly profitable division that was able to buy a Vendors property quickly and the client would have no agents or solicitors costs and could move rapidly. In return for this fast turnaround of property the business was then able to receive an uplift in price after some refurbishment (not always needed) and full marketing through the estate agency division.

This operation fulfils and important need in the marketplace, indeed there are now a number of national Internet firms doing the same but without the advantage of a high street presence. Given the current state of the property market the specialist division of this business is booming, thus making this an unusal business that makes money out of either a rising or falling housing market.

Sale Basis:
To receive further information on this business please click "Contact Seller" at the bottom of this page. We will then automatically send you our Non-Disclosure Agreement (NDA). You will need to print and complete this form and return it to the address on the form. We request this document to protect the confidentiality of our clients.

We unfortunately will not be able to contact you with any further information until we receive this Non-Disclosure Agreement through the post.

Could you also please ensure you add the seller reference number of the business to the NDA so we can identify your business of interest. The reference number can be found at the top left of the business advert and is normally four to five numbers.

We look forward to receiving your Non-Disclosure Agreements.

Property information

Property:

Leasehold