For Sale
Boutique estate agency, offering a range of services across the residential property sector
Berkshire
- Asking Price: POA
-
Turnover:
- 2023 turnover IRO £870,000
- The shareholder has expressed a possible interest in staying on as a consultant for 3-5 years.
- 100% share capital
- Interested parties will be required to sign an NDA
- Tenure: Leasehold
Please quote reference B07045
An independent and boutique estate agency, specialising in selling and letting residential properties across Berkshire, Buckinghamshire and South Oxfordshire, and in the identification of land for residential development.
Founded in 1947 and currently celebrating its 75th anniversary, the business is a long-established and experienced estate agency, specialising in sales and lettings across Berkshire, Buckinghamshire, and South Oxfordshire, as well as the identification of land for residential development. Bringing a wealth of local knowledge to the market, the business has a network of three offices in Maidenhead, Thame and Cookham, which cover highly sought-after areas with high quality and high value property, alongside excellent schooling, transport links, health care and employment. Offering a personalised service, they “strive to combine integrity and energy with experience and expertise”.
The business has a number of features that differentiate it from local competitors, including:
- Strategically located and interlinked offices;
- Situated in towns with high quality and high value property;
- Excellent commuter access to the City, London, as well as good motorways access;
- Experienced staff with extensive local knowledge;
- National and international marketing via property portals;
- Active within the local communities; and
- Exceptional customer service record.
- Free valuations;
- Residential lettings and sales; and
- The identification of land for residential property development.
The estate agency benefits from a large active client base and an extensive pool of potential purchasers (in excess of 2500 at any one time), and enquiries from London are increasing every year due to strong demographics. In addition to uniformly positive reviews, repeat custom, which represents 20 to 25% of business, also testifies to the quality of the agency’s service. Furthermore, Rightmove recently reported that out of 116 agents within the postcode, the estate agency offered for sale was rated 1st for new instructions, 3rd for sales agreed and 6th for the number of viewings.
The business has a lot to offer the prospective purchaser, including:
- A pipeline of business that ranges from £300,000 to £500,000;
- A dependable income stream from the lettings department;
- Increasing number of enquiries from London applicants looking to re-locate within the “golden triangle” covered by the three branches;
- Experienced advice to clients and friendly teams of staff who work to the highest professional standards;
- An established client base and an extensive buyer database;
- Outstanding reputation in the residential property market;
- Excellent profits, with profit after taxation standing at £245,190, as per the 2022 accounts.
- Long history and wealth of local knowledge;
- Strategically located with excellent communication to London, Heathrow Airport, and the M4 and M40 motorways;
- High quality and high value properties;
- Exceptional customer service record;
- Growth-minded business;
- Outstanding profits;
- Established customer base;
- Dependable income stream via the lettings department.
- Expanding the lettings department;
- Opening further offices;
- Recruiting more staff;
- Establishing strategic trade partnerships;
- Modernizing and updating company website (which is currently being undertaken).
Experienced team of staff in place.
Due to the nature of the business, it operates all year round.
Located in the South East of England
Operating out of rented premises.
Tenure
Leasehold basis.
