Residential Lettings & Management Franchise For Sale - South Wales, United Kingdom

Asking price: £59,905

Fixtures value: £NaN

Inventory value: £1,000

Business description: Asking Price £59.950 to include 4 years Franchise Fee, sign-written diesel car (3 yrs old), training and equipment. Turnover over last 12 months £60,000 The business is operated by one Partner and one part-time member of staff This business can be relocated although currently operating from a rented office. The business is successfully established and has a good reputation in the area. It is part of a large national franchise which provides expertise and support, website, professional and legal advice and training. There is considerable scope for expansion.

Years established: 3 1/2 years

Employees: 1 part time

Trading hours: 9-5 weekdays, Sat mornings when required

Home based: This business can be run from home.

Home based: This business can be run from home.

Relocatable: This business can be relocated.

Franchise terms4 years Franchise Fees are included in the sale. The Franchisor is a well established national company with a large portfolio of corporate accounts which will be shared with the Franchisee in their area. An excellent training package of 8 days will be provided by the Franchisor, together with a considerable hand-over period with local training.

Property : Leasehold

Lease terms: The current office is on a 3 year lease with 11 months remaining. The annual rent is £6000 but the business can just as easily be run from home or relocated within the franchise area.

Location: The business is located in a rented office in the centre of the franchise area.

Expansion potential: There is ample opportunity to expand the business as the allocated franchise area is large, basically covering 2 counties.

Competition / Market: There is local competition however the business has been established since December 2004 and has built up a good reputation with many repeat lettings and word-of-mouth recommendations.

Support & training: 8 days training at Franchisor's Head Office plus local training and hand-over time.

Reasons for selling: Retirement

This business for sale has a website: available upon request