Estate Agency - South West - Business for sale
Specialises in the sale and letting of residential properties. Outturn turnover of £1.72m in YE18 with adjusted EBITDA of £540k. Rental income generates £32k per month. Average sales pipeline of £450k. 550 active clients; 350 of whom are landlords. Experienced, long-standing second-tier management team with a succession strategy in place. YE17 turnover in excess of £1.58m with adjusted EBITDA of £435k. Operates from three leasehold premises in South West England. Scope for further growth with expansion of service offering to include commercial properties, surveying, removals and property finding services. Offers invited.
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