Estate Agency and Property Management Business – 11 Offices South London

Description

Estate Agency and Property Management Business (“The Company”)

Business Opportunity

An opportunity exists to purchase the business and assets of an established 11 office estate agency and property management business located in South London.  The business undertakes a range of residential property sales, lettings and property management services.

All interested parties will be requested to sign a non-disclosure agreement.

 

Business Overview

  • Established Estate Agency Business
  • 11 Offices in popular South London neighbourhoods
  • Full service Residential Sales practice with extensive current sales inventory
  • Full Service Residential Lettings practice with extensive lettings inventory
  • Robust property management business
  • Committed and dedicated staff
  • Established brand name and customer following
  • Immediately available

 

High Level Financial Information

 

Financial

Statements for:

12 Months

31/12/2015

12 Months

31/12/2014

Turnover £6,603,592 £5,450,027
Gross Profit £2,888,181 £1,673,444
Net Profit/(Loss) Before Tax £1,181,436 (£82,230)

 

Premises

Leasehold premise compromising of 11 branches, head offices and property management office in South London neighbourhoods

 

Assets Available for Sale

  • Office furniture and Equipment
  • Fixtures and Fittings
  • Brands and Intellectual Property
  • Current work in progress, sales and letting instructions and property management business
  • Goodwill

 

Deadline for Offers

Offers should be received no later than close of business 7th November 2016.

 

Further Information:

For further information please contact Damian Short on 0161 3594332 or by email [email protected]

 

 

Sector

Property Services

Turnover

£6.6m

Category

Private Treaty

Location

London, UK
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