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Business for sale in United Kingdom - Cr150-property management, estate management & maintenance-north west england

Asking Price: 60,000 £ Real Estate: Lease
Sales Revenue: 34,000 £
Net Profit: 1 £
Year Established: 2006
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of London/North West

Business types:

Real estate

Business categories:

Other Real Estate Businesses ; Property Management

Business description

this is an excellent opportunity to aquire a small independently owned and run property and estate management company with a small amount of maintenance contracts in the north west of england which was established in 2006. The company manages circa 78 properties in and around manchester and liverpool primarily for individual landlords. They look everything for the landlord including finding tenants (mainly through agents), rent collection, property inspections, maintenance and check outs. Maintenance includes gardening, window cleaning, building maintenance and for the estate management looking after comunal areas. Being a small owner driver business gives it the flexibility, greater individual service and competitive edge over the larger property management concerns. Recently the company has taken on a small amount of estate management for two major housing developers with the probability of more contracts to follow. This is a profitable and easy to run business with excellent growth opportunities. It has low overheads and is a competitive alternative to the larger property management concerns. The hours for this business are flexible and you are your own boss. The more energy and dedication that is put into this business the greater the rewards. Customer service: customer service is paramount to the success of any business but is probably more important when you are looking after property maintenance. The owner thoroughly understands how names and reputations are built and lost on how good customer care is. The increase in the number of property management agreements are testament to the quality of the service the vendor has given. Key strengths: • profitable with low overheads and easy to run • circa 78 properties managed currently • 4 estates managed currently with prospects of three more to follow • compact geographical area • good cash flow • competitive • first class name and reputation growth and expansion: there are good opportunities to expand the business including forming a letting side to the business, advertising and marketing the business (there has been no marketing activity in four years). There is also the opportunity to act as the letting agent for the spare homes on the estates which they managed and also to let the rest of the un-sold homes as a short term let.

Additional information

Additional information: Not Disclosed
Support & training: The owner would be happy to help with a smooth transfer of the business in any way possible and help if required for a short period of time.
Reasons for selling: The vendor has other business interests and needs to concentrate more effort on them.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: The owner runs the business from their own home.

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