BUSINESS AND ASSETS SOLDESTATE AGENCY

We are seeking parties interested in the purchase of an Estate Agency located in Wales and the West of England

Key Features

•   Provision of estate agency services; sales, new homes, auctions, property appraisals and mortgages (no lettings provision)
•   A trusted, reputable business known for its high standards of customer service, local knowledge and expertise
•   A network of 5 branches, operating from leasehold premises in South Wales and the West of England with centralized administration and sales teams
•   Turnover: 2023 £1.26m - 2022 £1.40m - 2021 £1.22m (prior to 2023 restructure)
•   Net profit / (loss) 2023 (£145k) – 2022 (£118k) – 2021 £330k

Opportunity

•   Assets available for sale include:
•   Established brand
•   Goodwill
•   Website
•   IT Equipment
•   Property leases by separate negotiation

Offers

•   Offers are required by 12 noon on 15 June 2023 with a view to completion shortly thereafter
•   All interested parties will be required to sign a non-disclosure agreement
•   Proof of funding required

Contact Details

Siann Huntley MIPA FABRP
Leonard Curtis
Siann.huntley@leonardcurtis.co.uk