Profitable Turnkey Warwickshire Letting And Estate Agent Franchise For Sale

Business description

SERVICES
• Letting and property management.
• Unique guaranteed income scheme.
• Estate agency sales services.
• Landlord/tenant insurance referrals.

CUSTOMERS
• Part of national franchise network.

OVERHEADS
Staff £26,000 pa
Marketing £11,000 pa
Other £22,000 pa


EQUIPMENT, FURNITURE,
FIXTURES & FITTINGS
• Full turnkey office.
• 4 desks.
• Filling cabinets.
• Server.
• Computers.
• Phone system.
• Kitchen and toilet.
• Proprietary property letting and sales
software.
• Included in asking price is circa £500
worth of stock.

STRENGTHS
• Unique guaranteed rent scheme.
• No debt.
• Turnkey business in net profit.
• Significant growth potential.
• Full support of large franchise
organisation with many UK branches.
• Franchise cost if starting from scratch
would be circa £50,000.
Carpet/furnishing/branding could cost
an additional £10,000 to £15,000.

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be
conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold,
let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made
without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Location:

Busy main through road in north Leamington town centre.

Premises details:

• Open plan office with 4
desks/computers and advertising
window displays to front.
• Rear office with laser printer, postage
machine filing, meeting area and key
cupboard.
• Kitchen/toilet and parking for up to 4
cars.

Business Operation

Expansion potential:

• Obtain more landlord contracts.
• Obtain more sales contracts.
• Open further branches.
• Expand commissions gained.

Reasons for selling:

The business is being reluctantly sold due to ill health and family reasons.

Trading hours:

• 9.30am – 5.30pm (Mon – Fri).
• 9.30am – 12pm (Saturday).

Employees:

• 2 full time & 1 part time staff members.

Years established:

The business has been owned by the current Vendor for 4 years.

Other information

Inventory / Stock value:

£500 (included in the asking price)