Well established Sales and Letting Agent business for sale

The opportunity is on the market due to other business interests however our client will offer a full business handover to ensure the smooth transition of its complete portfolio.

The family run business has been selling, sourcing and renting out properties for over 20 years and have successfully built several projects across the island.

The independent agent can give experienced advice on investment opportunities, family and retirement homes, best schools, beaches and transportation of pets and furniture.

Our client has a trusted team of 34 self-employed agents (4 in the UK and 30 in Cyprus)

Very rarely do independent agents offering both sales and rentals at this level ever come onto the open market and we strongly recommend early enquiry to avoid disappointment. With a long period of people not taking holidays due to the Covid pandemic, we foresee the demand for holidays to Cyprus to significantly increase and therefore any new owner will be able to enjoy this high demand.

Key selling points –

• Excellent reputation across Cyprus and UK
• Large number of properties available for sale and rental
• Very profitable business model
• Further potential to expand franchise side
• Excellent business website
• Facebook – 1,829 followers
• Instagram – 896 followers
• Twitter, Pinterest, LinkedIn pages
• Full business handover offered

Location
The business is a successful sales and letting agent concentrating on properties located in Cyprus.

Cyprus is the third largest and third most populated island in the Mediterranean and increasingly a destination for villa holiday rentals/second homes.

Key areas include Larnaca, Paphos, Limassol, Pissouri Village and Bay, Famagusta, Troodos, Nicosia, Aphrodite Hills and Secret Valley.

They have an office based in the UK and Cyprus.

The opportunity is now being sold as a ‘Business Only’ allowing the transfer to any alternative UK location.

Premises
N/A

Tenure
We are advised that the business is being sold on a Business Only basis. 

Hours
The business is trading 24/7 through their online platforms. 

Staff
We are advised that the business has 1 full-time staff member. 

Financial Profile
We are advised that turnover for 2023 is IRO – £622K. Full financials can be made available upon further request. 

Please quote reference B06258