Developer of an application for the lettings sector

The business has developed an industry-recognised application that is tailored to the letting industry, serving independent agents and landlords.

The application streamlines property management tasks such as marketing, compliance, accounting, and maintenance, ensuring compliance with regional legislative requirements.

With its user-friendly interface and versatile features, the application enhances efficiency and reduces administrative burdens for letting professionals.

Benefits from 275 active clients, all of which provide reliable, repeat business.

Established operational processes in place, with high staff retention rates and a wealth of in-house expertise.

With the application already established within the sector, this is a great opportunity for a buyer to come into a business that is already operating at full capacity but retains potential for growth.

Operates from a server room, with all staff working remotely.

YE23 turnover of £464k with an adjusted EBITDA of £167k.

Consistently high gross profit margin, averaging 50% over the last three years.

Offers invited.