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Profitable, Established Lettings & Property Management Agency in West Midlands for Sale

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Profitable and Well Established Lettings & Property Management Agency
  • Status

    FOR SALE

  • Date Submitted:

    28/11/23

  • Advert ID

    603219

  • Reference

    1027NJ / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £350,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Profitable and Well Established Lettings & Property Management Agency

If you are looking for a profitable and well-established lettings and property management agency, this is the opportunity for you. This business specialises in high-quality HMO and residential properties in the West Midlands and the surrounding areas, with a loyal customer base and a proven track record of 100% occupancy rate for the last 12 years. The reason for the sale is the retirement and relocation of the current owner, who has built an excellent team and has exclusive contacts in the market that can be transferred to the new owner. The business has also invested in innovative technology and streamlined processes to achieve high customer satisfaction with a reduced headcount. The current revenue comes from lettings, management and repair services, but there is potential to expand into residential sales and increase the fees, which are currently below the market rate. This could generate an additional £50,000 in income per year. The business was established in 2011 and can be relocated to suit the new owner's preferences.


The lettings agency is a well-established business run by its owners, who are involved in the business's day-to-day operations. They are supported by an additional five experienced staff, with one acting as a key staff member. This acquisition can be a fantastic opportunity for an entrepreneur to get into this industry or would be ideal for an existing company looking to expand their market share or portfolio. As a potential buyer, you will acquire a business with a strong industry reputation and a loyal customer base. The company has a proven track record of success and has been profitable year on year. With the support of the current owners and staff, you can hit the ground running and continue to grow the business. If you are interested in learning more about this opportunity, please don’t hesitate to contact us.
Profitable lettings & property management agency 
Well-established with consistent performance year-on-year
Currently run by an excellent team with a strong management structure 
Specialising in High-quality HMO properties and residential properties 
With a proven record of accomplishments and a loyal customer base
Set up in 2011 and had a 100% occupancy rate every year in the last 12 years
Streamlined processes and innovative technology to enable smarter working
Genuine reason to sell due to retirement and relocation
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Profitable and Well Established Lettings & Property Management Agency - 1027NJ / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.