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CR102-£295,000-Residential Sales, Lettings & Property Management Plus Overseas Property & Financial

Asking Price: GBP 295000

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Business Location:	United Kingdom » City of London » East London

Category:	Real Estate » For Lease

Description:

Residential Sales, Lettings & Property Management Plus Overseas Property & Financial Services
Confidentially offered for sale
Ref No: CR102
Location: East London

Asking Price: £295,000
Turnover of circa £450,000 per annum
Established in 2004, this estate agency has been trading for four years by the current vendor in a prominent high street location in East London.

The vendor has invested considerably from the outset of business operations by virtue of a franchise offering with a considerable footprint in the UK and a brand with very high recall. This was considered essential in the establishing of a robust offering in this sector; which at first differentiated the business from its competitors and has since become a business with a considerable reputation for quality and service on the merits of its staff and their commitment to customer satisfaction.

The culture of this business is geared toward maximum reward for maximum effort and is able to achieve this by recruiting only experienced and highly motivated agents.

The business specialises in UK residential sales, property management, lettings, overseas property sales and financial services.

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:

Year Established:	2004

Is Relocatable?:	Yes

Business closed or an asset sale :	No

Is Home based business?:	No

Real estate status:	Yes

Reasons for selling:	The current owner is selling the business due to other business commitments.

Market competition and expansion:	A large percentage of new clients derive from recommendations, the business regards existing clients as their best advertisers and has maintained an impressive base of satisfied repeat customers while continuing to attract new referrals.

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