SOLD : Holiday & Second Homes Property Management Business - North Devon
- Developed by its established parent company since 2005
- Providing property management services including keyholding, holiday changeovers, cleaning & property maintenance
- Currently 76 properties under contract in portfolio
- 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 £225,000 and set to rise
- Net profit £52,000 if new owner continued to operate from existing business premises
- Very attractively priced to encourage quick sale
MARKETING PRICE : OFFERS AROUND £80,000