This is an opportunity to acquire a long established business transfer agency where the current owners have the licence for Norfolk, Suffolk, Essex, and East London post codes. Turnover for the year ending 2007 was approximately £100,000 with a net profit of between £60-65,000. The business normally has a sales pipe line of between £20-50,000 at any one time and has a portfolio of approximately 60 business available for sale with an average fee of approximately £4,000. The anticipated turnover for 2008 is between £75-85,000 with a profit of approximately £50-55,000. This business runs with minimal overheads with annual expenses of approximately £30,000, however this can be reduced or alternatively increased depending on how the new owner wishes to promote the business. You will benefit from an extensive marketing campaign carried out by the existing owners over the last 3 years and the fact that the company has been established in excess of 50 years. Further information including accounting information, proof of income and invoices will be provided to serious applicants upon request. However in order to preserve a degree of confidentiality we would ask that any potential purchaser arrange to meet the vendors prior to disclosure of this information.
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