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Specialist Holiday Property Management Company for Sale

South East

Leasehold : £ 120,000

Asking Price: OIRO £120,000

Confidentially offered for sale

Ref No: CR214

Location:
South Coast of England

Ref No: CR214

2021 Turnover: circa £100,000
2021 Net Profit: circa £56,000 (Before Director’s drawings)

Current property portfolio circa 42x

The Business

This business is well established as a specialised holiday property management company, offering its services to property owning customers throughout the UK but with properties in this very popular tourist town on the South Coast of England. It was founded in 2002, and has enjoyed successful trading since and now manages some 42 properties.

The current owners strongly believe that the business is well placed to grow its portfolio and to become an ideal “bolt on” opportunity for a similar business looking to extend their reach into this area of the UK.

This business is a perfect acquisition for anyone seeking a self employed opportunity, with the benefit of an incumbent booking assistant and stable turnover with attractive profit margins.

The business promotes its properties via its own website and other portals dedicated to holiday lets throughout the UK and very much managed in line with the lifestyles and desires of the current owners, in order to enable this business to meet its considerable potential the owners believe that someone new with new ideas and investment will acquire a very stable trading platform.

Current staff include one full time employee and two Directors.

Reason for sale

The decision has been made to offer the business for sale to any with the experience and resources looking to engage with the property management or for someone already in the tourism sector looking for an additional outlet for their existing business activities.

Key Considerations

• Well known and respected UK online property management brand
• Small team capable of business augmentation
• Excellent reputation and trading history
• Excellent platform for diversification
• Streamlined operational processes
• Reliable turnover and attractive profit margins
• Numerous expansion opportunities

Financials

On the basis that the Business is being sold on a zero cash-zero debt basis, full and up to date management accounts are available upon request.

Asking Price:

Offers in the region of £120,000 are invited for 100% of all the issued capital of the company. There will be a £ for £ adjustment to the final sale price to reflect any upward/downward movement away from the target net asset price.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement, we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

All enquiries or requests for additional information should be submitted or directed to Rupert Cattell at Turner Butler (e-mail: rpc@turnerbutler.co.uk) telephone Head Office: 01895 256000




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55 Advert ID 45822    Sellers Ref : CR214/BSOL

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