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Listing ID: 2878719

COMPANY SPECIALISING IN PROPERTY MANAGEMENT, LETTINGS AND SALES For Sale

England

not disclosed

Revenue: £ 727,000

Cash Flow: not disclosed

Business Description

North East.
FY17 T/O of £716k, EBITDA of £147k.
FY18 outturn T/O of £727k, EBITDA of £180k.
Consistently high gross profit margin of over 90%.
Provides a wide selection of remote property letting services, overseeing all tenancy applications, documentation production and electronic signing through the use of online software.
Maintains a substantial list of 180 properties throughout its local region.
Maintained long-standing relationships with landlords for up to 12 years.
Current client base provides over 90% repeat business.
Strong workforce that contain over 70 years of experience within the sector.
An established second-tier management team, able to oversee day-to-day business operations post-sale.
Current managing director willing to remain in a consultancy role, subject to further negotiation.
Offers invited.

Property Details

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