March 2020 - Corona Virus Letting Agency Sale

In spite of the uncertain business climate, transactions are still being successfully undertaken.
One week into Lockdown & Avocet  steered an MBO of a Residential Letting Agency over the line & had a Trade Buyer waiting in the wings just in case.
Commented Roger Bibby of Avocet, "Whilst times are challenging, & some potential Sale Instructions will become very difficult to  complete, types of business that reassure a Buyer can still be attractive.
In this case the regular contracted income flow of a well run business was key."
Potential Sellers with a recurring income business model should therefore not necessarily be put off by the current climate, & should contact Avocet for an honest appraisal of the prospects for a successful sale."
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