Can you sell your lettings business if it’s losing money?

80% of businesses that are put up for sale, don't sell. Why? Some may think it’s an unrealistic asking price but more often than not it's unrealistic buyers.

Buyers expect to be buying a business that runs perfectly and offers a good profit without having to make tweaks - bonkers. 

A lettings company can lose money and still have a saleable value.

How? Why would someone buy a loss-making business?

We can cut out all of the operational costs like phone systems, portal costs, office costs, internet etc. Run the numbers yourself and see what you’d make if the costs weren’t there. That's what gives it value to us.

If you’re thinking of selling your lettings business and going in another direction then contact spencer@synergyforward.co.uk for a completely confidential chat.