SOLD : Holiday & Second Homes Property Management Business - Cornwall

  • Developed by its established parent company since 2005
  • Providing property management services including keyholding, holiday changeovers, cleaning & property maintenance
  • Currently 70 properties under contract in portfolio
  • County-wide service with significant further development scope
  • Very well set up (robust systems, processes, standards, quality control, contracts etc. Including extremely good training programme for ‘self-employed property managers’)
  • Currently run under management (ideal for investor who would want business to continue to be operated this way)
  • Very profitable for owner operator (even more so if operated from home rather than from rented business premises as at present) *
  • Almost entirely seasonally only operation (Easter to end of October)
  • Turnover £240,000 and set to rise
  • Net profit £35,375 if new owner continued to operate from existing business premises
  • Very attractively priced to encourage quick sale