Office for sale in Home-Based Property, Investment Agency, Essex SS9

Home based property investment agency that was owner established in 2012 currently offering nationwide instructions from essex that can easily be relocated and is owner run. Our client has built up highly enviable relationships working with key master agents and with major developers specialising in off-plan student accommodation & buy to let investments ranging from £60,000 to £350,000 to command agency fees up to 9% plus bonus. Advertising on well known platforms such as rightmove, zoopla, on the market and prime location the business also benefits from a buyer database of 25,000+ investors. Turnover on latest set of accounts show net sales of £147,572 with a gross profit margin of approximately 47%, yielding adjusted net profits in excess of £32,000. We feel there is huge scope to further increase revenues with the introduction of local agency as this is not an area that has been explored. Property Investments are sold on a 28 day exchange with 14 day payment terms providing the business with high cash flow levels so an early viewing is advised. Ref: M6129E RX257435

Location

The business is located in an affluent Essex town that can easily be relocated and is currently covering nationwide instructed sites including Cardiff, Glasgow, Leeds, Liverpool, Manchester and Newcastle

Tenure

Relocatable home based

Staff & Trading Hours

Vendors, husband and wife work part time. Our client typically works 9 am till 5.30 pm Monday to Thursday and 9 am to 4 pm on Fridays. The business is closed on Saturdays and Sundays

Turnover

Turnover on latest set of accounts show net sales of £147,572 with a gross profit margin of approximately 47%, yielding adjusted net profits in excess of £32,000. Full financial information will be disclosed at our client's discretion on or after a meeting. Gilbert & Rose currently hold the last 4 years' trading accounts on file

Legal Costs

Each party are to be responsible for their own legal costs incurred in the transaction

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission