Nicole Bremner

Interested in buying or selling a lettings or estate agency? Lucy Noonan has done it 284 times #140

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Sinopsis

EP140: I was seeing the other brokers in the industry presenting businesses for sale.  As a broker, we value on turnover, but as a buyer, you value on profits because you want to see what profit you can generate from that business.If you're interested in buying or selling a lettings or estate agency Lucy Noonan is the expert with over 20 years of experience in the industry, having worked with big names like Belleville, LSL, Hunters, and the Lomond Group. Having left corporate life, Lucy founded Atomic Consultancy, specialising in the sale of lettings and estate agency businesses nationally.In this episode, Lucy shares insights into the acquisition process, emphasising the importance of understanding numbers, preparing for due diligence, and the value of goodwill in transactions. She reflects on her journey in the estate agency industry, from starting as a negotiator to working on large-scale acquisitions. Lucy also discusses the growth of Atomic Consultancy, revealing the challenges and experiences.For t