What’s your lettings business worth?

Buyers are looking for confidence in future cash flow when they’re purchasing a business, influencing the figure they will be willing to pay. 

They’ll be analysing:

• Your recurring turnover

• They type of stock on your books (location, type of property and type of tenant)

• The quality of the landlords you work with (is there one big fish who could pull out and cause a catastrophic impact?)

…amongst lots of other factors.

Our complex calculator uses your data to determine how desirable your lettings portfolio is for us which formulates what we’d be willing to pay.

If, for example, you mainly managed HMOs and only had a few key landlords, this wouldn’t be desirable for us so the multiplier used wouldn’t generate you a particularly attractive offer. It’s likely in this scenario, we wouldn’t make you an offer at all, as we wouldn’t be a good fit and you’d get a better offer elsewhere. We’re not here to rip anyone off, we want to pay a fair price for lettings portfolios that work with our existing business model.

There are plenty that talk a good game when it comes to acquiring your lettings business. But we can assure you, we’re a reliable buyer with the means to back it up. Contact spencer@synergyforward.co.uk for a completely confidential chat.