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CR146 -Commercial Property Brokerage / Manager

Asking Price: GBP 375000
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Business Location: United Kingdom » City of London » London / Re-locatable 
Category: Internet Business » Business Services
Description:
Commercial Property Brokerage / Manager
Ref.CR146
Location London / Re-locatable
Asking Price £375,000

Established in early 2004, this business has grown rapidly to become a leading commercial property broker and manager. Web based, with a range of web sites that enjoy prominent listings in all of the major search engines, this business operates internationally with by far its strongest presence in the UK and Dutch markets. Significant investment was made in 2009 to launch an innovative property management division which has successfully fulfilled high profile projects for a range of blue chip clients and is growing strongly. The combined business is on course to deliver Net Profit in excess of £110,000 this year. This business operates on a mixture of success fees (commission) advertising fees and property management fees.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
350000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 2004
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Reasons for selling:
Having been involved in the business from its inception the current Owner wishes to concentrate on other business activities within the commercial property sector and pass this opportunity to new owners to build on the excellent foundations already laid.
Market competition and expansion:
In line with its high profile corporate image, this business operates a range of commercial property websites that perform very well in the major search engines for appropriate search terms – this presence is supported by occasional Pay per Click advertising campaigns. The business has also established a number of effective referral partnerships and benefits from word of mouth recommendations due to its excellent reputation within the commercial property sector.
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