Moving On and Moving In
a successful lettings
agency transfer story
The Agency
A specialist agency providing professional tenants with exceptional rooms in boutique shared homes while ensuring landlords benefit from guaranteed rent, maintenance, and peace of mind.
The Seller
Having built this thriving agency from scratch, the seller was ready to move on to new adventures.
The Buyer
The buyer was a successful entrepreneur looking for a new opportunity, within a new industry, to develop alongside her existing business.
The Sale
Knowing she was ready to move on from the business she’d built, our client wanted to ensure her buyer would continue to run the agency – supporting her team, as well as the landlords and tenants she was managing. This was a growing business in a great financial position and ensuring she got the right price was also key. Our buyer had a clear understanding of what they were looking for – a business in an industry benefitting from long term relationships with clients and recurring revenue. The lettings industry was perfect.
Haversley’s Part
In conversation with our seller, we explored the history of the business and the current portfolio providing an initial valuation. With further information provided at the next step, this became a firm valuation, and an agreement could be signed. Now we were able to spread the word about this amazing opportunity, marketing it with buyers interested in this area and style of business. Our buyer, having recognised that Haversley was managing the sale of quality businesses, got in contact as that was exactly what they were looking for…and they found their perfect match! At this stage, we managed negotiations between parties, liaised with solicitors and ensured everyone was happy and confident throughout the process.
The Outcome
This was a great success; for our seller receiving the price they wanted and a secure position for their business, and the buyer obtaining a successful business. The ideal solution!
sellling with haversley
you can be assured that we will be a trusted partner to guide you all the way.
