ID : 39657
This franchise business has been trading as a business partnership and is well known in the area for dealing with the selling of property. A great opportunity to take over a well established business with a good reputation and the business would benefit from increasing the managed portfolio, which in turn would generate repeat income on a monthly basis and over time this will increase profits and future asset value.
•Rolling 12 months turnover is £140,297
•36% income generated from lettings activity
•78% income generated from sale activity
•Small lettings portfolio that could be grown dramatically
•Staff in place but would require franchise owner to be in the business day to day
•Low commercial rent for the premises
•On the market due to retirement