Please quote reference B08584Ready to step into a profitable, well-established estate agency with a solid client base?CoGoGo is giving you the chance to acquire a highly regarded, award-winning business operating across multiple locations, including Nottingham, Milton Keynes, and surrounding areas.Operating successfully for 4 years, this estate agency specialises in both lettings and sales, with a 40:60 ratio. The business manages circa 95 properties, ensuring a steady stream of revenue. Over the past year (Dec 2023 – Nov 2024), it generated:- £84,000 from property management commission (guaranteed income)
- £131,000 through sales, setup fees, commission on maintenance, and disbursements
- £1,145,930.09 in rent received, with an average management fee of just 7.3%, leaving plenty of room for increasing profitability
This business is built on competitive pricing, offering fully managed services at 6% and fully managed with a rent guarantee at 10% (exc. VAT), making it an attractive choice for landlords while allowing opportunities to increase revenue through pricing adjustments.Why Buy This Business? - Multi-Award Winning – Named Best Regional Estate Agency for 2023 & 2024 and earned a Gold Award from the British Property Awards for letting a property in Rugby.
- Strong Financials—We are advised that turnover is £223,000, and adjusted net profit is £95,000.
- Location – With a 3-month lease notice period, this business can be relocated if required (further details below).
- Full Training Available—The current owner is happy to provide 2-3 weeks of training to ensure a smooth transition.
- Huge Growth Potential – Increase fees, expand marketing efforts, and tap into new areas.
Tenure & Sale Details - Business Only – As it does not necessarily need to be relocated, it can remain with an annual rent of £14,000, or they can provide three months' notice and the lease agreement can cease.
- Stock & Assets Value – £30,000
- Priced for a Quick Sale – Fantastic opportunity for an ambitious buyer
Whether you're an experienced agent looking to expand or an entrepreneur seeking a profitable and scalable business, this is an unmissable opportunity.Serious buyers only—enquire now to take the next step!
This award-winning estate agency is currently located in Leamington Spa.
We are advised this business can be relocated but there is currently a three months notice on the lease which can be ceased.
