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Watford franchise resale
£20,000.00
New Popular

Established Lettings Inventory Business

This national brand is a well known and successful franchisor who have provided the business blueprint for dozens of franchisees to prosper with their franchise opportunity. The business is a respected company with a history of success and a familiar supplier to hundreds of landlords and agencies up and down the country. With dozens of franchised offices already trading this is a proven franchise business opportunity and a cut above the rest and could be yours if you are anywhere near Watford or North London.

Inventory businesses are necessary for estate agencies and landlords to accurately create a list of all equipment and inventory that is provided to a new tenant. Not just at the beginning but also mid term and at the end of a term. It is a crucial role in the landlord / tenant relationship, and other than just listing the assets involved there are around 10 different property inspection services provided, all of which are revenue generating for each franchisee!

The company has harnessed technology to work for its franchisees including a 24/7 booking portal.

This particular franchise covering the Watford region is a very good example of an established franchise, it has been trading since 2013 and has revenues around £19,000 this year and net profits of circa just under £10,000 making it an easy part time venture or a low starting inexpensive point to grow it to a larger size which many of the other franchisees have successfully done.

The current owner has diligently built the business up and managed the client base and has also acquired the neighbouring franchise territory in Harrow which can be bought with this or on its own. Either way a new owner would immediately benefit from strong cash flows, predictable revenues and profits and also an employed assistant who is happy to stay on for the new owner.

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Watford, Hertfordshire, England, United Kingdom

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Andy Cheetham

Member since 8 years ago
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