Leicestershire Lettings & Estate Agency, Martin & Co For Sale

This franchise business has been trading for nearly 7 years by the current owner. It is now on the market due to owner exiting the business due to personal circumstances. The business is well run with the franchise owner working in the business day to day along with staff.

The business is primarily lettings focused, with the emphasis on a fully managed service. The business could be improved by increasing the managed portfolio, which in turn would generate repeat income on a monthly basis and over time this will increase the asset value. A sales service is in operation however, it has not yet reached its full potential and the business would benefit from more focus on developing the Sales service.

•68% income generated from lettings activity

•39% income generated from the managed portfolio

•Growth in income could be achieved through the sale of properties and financial services

•Low level of multiple Landlords and Housing Association tenancies

•No student tenancies