£0 £1000000
£0 £1000000

Sold

Relocatable – Residential Property Services Business

City of London

  • Asking Price: £95,000
  • Turnover: The business will report a Turnover as of the 2018/2019 accounts of approx £230,000 with an adjusted net profit of around £62,000

  • Tenure: Business Only

< 1-1 >

Enlarge

Hilton Smythe are delighted to present to the market a very successful and highly regarded North London based property services company established by our client in 2009. The ‘Business Only’ opportunity comes with a new client booking system, full business handover and list of instant actions to form its current turnover.

The business is being sold due to the other business opportunities of our client who identifies he is not giving the business the future growth attention it deserves.

It currently achieves an adjusted net profit of approximately 27% of the gross turnover.

The business concentrates on the residential market, offering the following services for Letting Agents, Sales Agents, Relocation Management Agents, Corporations and Housing Trusts -

  • Residential inventories
  • Energy Performance Certificates (EPC’s)
  • Floor Plans
  • Photography
  • Gas Safety certificates
  • All work undertaken is word of mouth and currently our client manages around 40 accounts, many of which have been loyal customers since the business first established.
 

We are informed 80% of the work undertaken is for the high demand in residential inventories, many of which can be completed within 48 hours of request.

Many potential buyers within this industry will appreciate how competitive it is, service and reputation are key to its success. By simply adding another similar company would present many areas to reduce combined admin, Contractors’ costs and travel.

Our client also identifies the many areas where an increase in turnover could be achieved -

  • Increasing the geographical area
  • Increasing the number of services offered (i.e maintenance / building services)
  • Increase the efficiency of the Contractors workload
  • Increase the awareness of the company through new advertising/ marketing and social media campaigns
  • Increase the new customer referral scheme
Investigating the commercial rental and sales market could also open the door to many new clients within the same geographical area.

Due to the reputation and profit improvement potential of this business, we recommend early attention to avoid disappointment.

 

Approved business members of - AIIC, Elmhurst Energy and Stormy certified.

The Business is run and managed by our client with the help of his wife who works full time, a part time Admin Person and 12 fully trained self-employed Contractors.

MONDAY TO FRIDAY - office hours

This residential property services business concentrates on accounts mainly located in North London.

The business is easily relocatable to any area, ideally with close proximity to its core customer base. It can be run from home, a small rented office or added to any related business type located within London

2 x Apple Mac Computers

Laptop / printer

Selection of office equipment

New booking system

Tenure
Business only

Find your dream business

    Sales Negotiator Photo

    Rob Walker

    Sales Negotiator

    Need help to find your dream business?

    Our buyer matching service can help, sign up today.

    Similar Businesses For Sale
    • 10

      Well Established Precision Engineering Business

      Norfolk

      £1,400,000 +SAV

      Discover Business
    • 1

      Well established Beauty treatment business for sale

      London, City of London

      £89,995 +SAV

      Discover Business
    • 8

      Well Established Letting Agency For Sale

      London, City of London

      £62,995 +SAV

      Discover Business

    10

    Well Established Precision Engineering Business

    Norfolk

    £1,400,000 +SAV

    Discover Business

    1

    Well established Beauty treatment business for sale

    London, City of London

    £89,995 +SAV

    Discover Business

    8

    Well Established Letting Agency For Sale

    London, City of London

    £62,995 +SAV

    Discover Business

    Popular business searches in the UK