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CR092-Independent estate agency

Asking Price: GBP 200000
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Business Location: United Kingdom » Surrey » Surrey 
Category: Real Estate » For Lease
Description:
Independent estate agency specializing in residential property sales

Confidentially offered for sale

Ref. no: CR092

Location: Surrey

Asking price: £200,000
Built upon the current Owner’s twenty five years experience as an Estate Agent in this prosperous Surrey market town, and situated in its current, high profile location for the last seven years this leading independent Estate Agency has established a firm reputation within the town for a professional, efficient, reliable but above all personal service. Having in the past been involved in Lettings and Management, Land sales and New Home developments this business now solely concentrates on residential sales having carved out a particular niche in the market for selling mainly mid to lower end properties. Although this business has recently sold property in excess of £1 million and a penthouse at approximately £300,000, two bed flats to three bed houses, at around the £300,000 mark, located in the town or surrounding villages within a few miles radius of its office, are its standard fare. Approximately 30 to 40 properties are in its books at any one time.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: no
Year Established: 1982
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
Having worked as an Estate Agent all of his working life, the current owner wishes to retire from the sector to pursue other unrelated business interests.
Market competition and expansion:
In line with its high profile corporate image, this business has an excellent website that performs very well in all major search engines for all appropriate search terms, a presence significantly boosted by appearing on the major branded property search sites including Right Move and Find a Property.
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