- Advert ID: 662919
- (Seller ref: 494 - South Herts)
South Herts Unopposed Residential Sales Estate Agency For Sale
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Summary
- Asking price:
- £95,000
- Sales revenue:
- £140,000
- Net profit:
- Available on request
- Years established:
- 8 Years
Business description
Unopposed Residential Sales Estate Agency Taking £140,000 per annum. The business is located in a very sought after and affluent area and for sale due to other commitments, offering outstanding opportunity in all areas of trade, in particular, property management and lettings, which are not currently sought. The business has built up a superb local reputation and has significant new build properties/sites that are shortly to be instructed. The current sales pipeline is in the region of £30,000 with a further 50 for sale instructions, showing this is a viable business in a quiet market with the benefit of low overheads, able to weather the current economic storm. Lasy year Audited accounts for year-end March 2007 show an income of £230,000 and a net profit after tax of £120,000
Property information
- Property:
- Leasehold
- Lease terms:
- Ten year Lease from April 2008. Annual rental of £12,500 (net rent £5,500 as part of premises are sub-let)
Other information
- Reasons for selling:
- Retirement
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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