Chesters acquired by Homes4U

The level of interest in this £400,000 turnover business was always going to be high but the number of interested parties passed our expectations. After extensive vetting, ten were identified with the right means, motivation and approach.

Identifying no fewer than ten suitable buyers puts the seller in a strong position, but a professional, clearly structured process is vital and sealed bids are a tried and tested way to get the best price. The importance of this to the seller, beyond cash alone, is hard to over-emphasise as it allows him or her to depart without the constant nagging feeling of possibly having been sold short.

Happily for Chesters, the most suitable bidder was also the highest and our clients, who had been trying to sell privately for a few years, achieved full market price, safeguarded the jobs of their staff and were able to retire.

Client says

Just a quick letter to thank you for your hard work in selling our business. Mike, John and myself were impressed by the service provided, including the regular progress updates. From the initial mail-shot you generated a lot of interest, set up the meetings and essentially created a very competitive environment for the sale. This found us the right buyer at the right price. In a results driven business, we feel you achieved the maximum price in the shortest timescale.

Robert Hancock, Chesters Lettings & Property Management