Rental agency

Name: Rental agency
Brand: Brookz
Price: 75000 EUR
Availability: InStock

Property rental and small part management

For sale: rental agency | revenue: €258k | Brookz®

Revenue €250k–€300k

Profit Profit

Sector Business Services · Real Estate

Industry Real Estate Agencies · Rental Agencies

CountryNetherlands

Region Western Netherlands

Province Province

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FTE

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Type of customers

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Revenue €250k – €300k

FTE 1

Description

A letting agent, the business has been in existence for over 7 years and is mainly active in the residential market.

Business activities
The company's core business is residential rental. In addition, the business has a number of property management agreements for private homes (±10 management clients). Most of the rental supply is obtained through online advertisements. These are mainly homes owned by private individuals. In addition, part of the rental supply can be allocated to returning clients. Finally, a small portion of the rental stock is obtained through cooperation with one professional party (approximately 8 homes per year).

Key figures & employees
2022 revenue was €258K with a normalized profit of approximately €40K. The 2022 management fee amounted to over €100K. Most of the revenue was generated by residential rentals. Furthermore, the business can be run by 1 FTE.

Unique selling point
Automated processes with which the rental process can be almost completely automated. I.e., house seekers can supply all their data after which the data can be automatically processed, bundled and displayed. In addition, communication with customers is partially automated. This system ensures that all work can be carried out by less than 1 FTE.