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Top-rated, Award-winning Cornwall Estate Agency for Sale, Expansion Potential

Undisclosed, Cornwall

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    15/03/24

  • Advert ID

    608313

  • Reference

    B07906 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £85,995
  • Turnover: £197,193 (£3,792 Per week)
  • Net Profit: Not Applicable

Business Details

Highly Rated Estate Agents For Sale

Business
Please quote reference B07906

CoGoGo welcomes to the market multi award winning estate agent.

The business was first established by our client back in 2012. As seen by the online ratings and reviews, the business is extremely popular within the area, due to the exclusive marketing services offered and exceptional service, creating the best results for their clients and winning the British Property Awards 2023 for Cornwall.

This has now come to the open market due to our clients desire to retire. 

They focus on the selling of freehold properties, with a portfolio of new properties, new builds, affordable homes and modern-day auctions. They offer free add ons which could be charged. These included premium listings, 3D tours and drone photos. They offer selling services and also help clients with buying. 

The types of properties sold include -

  • Houses
  • New builds
  • Flats
  • Holiday Lets
  • Land
They currently advertise through some major platforms, their own website, social media, letter campaigns and mailings. They also maximise the use of Facebook, which is used to promote its services to a wider audience and liaise directly with existing and prospective clients. They also have a database of old and new clients and aim to be in regular contact. 

They've also won the British Property Awards for three years running, along with numerous other awards which have played invaluable roles in the generation of new business. The Awards they have won include:

  • 2021, 2022 & 2023 Gold Winner Estate Agent in Penzance
  • 2021 & 2022 Regional Silver Winner Estate Agent in South West (Cornwall)
Scope for further growth -

  • With a larger workforce and facilities, they'd be well positioned to deal with an increased volume of work.
  • Expand the sectors they cover - potential look into commercial properties or offer rentals
  • Rentals is a huge aspect which hasn't been explored yet. Our client has been asked since 2012 to do rentals and this would significantly increase turnover.
  • Increase marketing and advertising - explore other social media platforms.
  • Increase the database of clients
  • Property finding experts


Location
This is fully relocatable and can be relocated to anywhere in the UK. 



Premises
N/A



Tenure
We are advised that this opportunity is being sold on a Business Only basis. 



Hours
Due to the nature of the business, it can operate all year round. 



Staff
The business is managed by our client but both members of staff have full training to be able to run the practice on their own.  With automated systems put in place the usp's can also operate independently.



Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £197,000. Further financials can be made available upon request. 



Read more

Contact Agent

Contact the seller for more details, or book a viewing

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.

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

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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.

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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.

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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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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