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Business Reference: BMB10615
Location - South East England
Turnover - circa. £1,025,000 (March 22)
Operating Profit: circa. £170,000 (March 22)
Business Overview
BuyMyBiz is exclusively retained to find a purchaser for this specialist property inventory & management services company. Over the past 10+ years, our clients have built a solid and profitable business with a well-respected reputation offering a range of property inventory services. Working across London and the Home Counties, clients include private landlords housing associations, independent agents and some of the UK’s most notable letting agent chains.
Established Business
The business offers a comprehensive range of specialist digitally managed residential and commercial inventory services, including but not limited to:
Inventory Reports
Check-In & Check-Out Reports
Mid-Term Inspections & Reports
Risk Assessments
Smoke Alarm Fitting
Property Compliance Solutions
With new legislation being introduced into the letting market, the directors are now seeking an equity partner to expand the range of services becoming a ‘one stop shop’ compliance business for the UK property letting sector.
Reason for Strategic Partnership
Our client has built a solid business which is highly scalable and ready for the next phase of business growth. They believe the future growth of the business opportunity will be best realised by working with a complementary business, ideally an existing lettings / agency business, looking to set-up an ancillary service business to support its own clients as well as to support other agencies.
The Opportunity
Ideally, we seek an equity partner with the requisite experience and resources to help us take this business to the next level. Additional services to be offered will include;
Handy Man Services
EPC’s & PAT Testing
EICRs & Remedial Work
Gas Safety Report & Repairs
End of Tenancy Cleaning
Rubbish Removal
DEAL BASIS
We are looking to open discussions with existing businesses with a interest in the residential property management, maintenance and compliance sector. Our client will be happy to explore a minority or majority equity basis.
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