CASE STUDY

Michelle & Co Properties

A respected Worcestershire estate and lettings agency sold to Dwelly, with Atomic Consultancy supporting a carefully planned retirement-led exit.

Business Name:
Michelle & Co Properties

Location:
Barnt Green, Worcestershire

Years in Business:
Est 2018

Size of Business:
290+ managed properties

Services Offered:
Residential sales and lettings

Challenges & Goals of Selling the Estate Agency

Since launching in 2018, Michelle & Co Properties has built a strong reputation across Barnt Green and the surrounding areas for its personal approach, local expertise, and high levels of customer service. Alongside a successful sales division, the business developed a substantial lettings portfolio of over 290 managed properties.

Michelle Mehjoo, the main point of contact throughout the process, made the decision to sell as part of her plans for retirement and the next stage of life after many years in the industry.

Importantly, the decision was not rushed. Atomic Consultancy had been speaking with Michelle for around three years, helping her explore options, understand market conditions, and carefully plan the right time and structure for her exit.

The priority was to ensure a smooth transition for landlords, tenants, vendors, and staff, while securing a buyer that aligned with the values and service standards Michelle had built the business around.

Atomic Consultancy’s Approach

The transaction was led by Lucy Noonan and Jason Davy at Atomic Consultancy, who worked closely with Michelle throughout the planning and sales process.

After carrying out a detailed valuation and preparing the business for market, Atomic introduced the opportunity to a targeted network of qualified buyers. Given the strength of the portfolio and the reputation of the business, interest was strong.

Dwelly was ultimately identified as the right fit for the acquisition. Atomic managed the process from start to finish, overseeing negotiations, coordinating communication between all parties, and helping maintain momentum throughout the transaction.

Their long-term relationship with Michelle also meant Atomic could provide guidance and reassurance throughout what was a major personal and professional decision.

Key Takeaways

  • Worcestershire estate and lettings agency established in 2018
  • Portfolio of 290+ managed properties
  • Sale driven by retirement planning
  • Atomic Consultancy supported the seller over a three-year period before exit
  • Business sold to Dwelly with full support from Jason

Feedback

Fantastic company. Would always recommend them.

Michelle Mehjoo - Previous owner

Final Thoughts From Atomic

Michelle & Co was a fantastic business with a strong reputation and loyal client base. Having supported Michelle over several years as she considered her options, it was incredibly rewarding to help deliver the right outcome at the right time. We wish her all the very best for her retirement and the next chapter ahead.

Lucy Noonan, Owner & Founder – Atomic Consultancy