CASE STUDY

Panorama Property Management

A long-established Bournemouth lettings agency sold to TPFG

Business Name:
Panorama Property Management

Location:
Bournemouth, Dorset

Years in Business:
Established 2005

Size of Business:
One branch

Services Offered:
Residential lettings only

Challenges & Goals of Selling the Estate Agency

Panorama Lettings was founded in 2005 by Simon and Tiffany Goulden and built up over 17 years into a respected, well-run lettings agency in Bournemouth. With a strong portfolio of fully managed properties and a long-standing local reputation, the business was known within the area and across the industry.

Simon decided to sell as part of his retirement plans. While the business was performing well, the priority was to achieve a clean and well-managed exit, supported by someone with a deep understanding of the lettings sector and the complexities involved in selling a regulated portfolio business.

Given Simon’s profile and reputation in the market, it was important that the process was handled professionally, with clear communication and expert guidance throughout.

Atomic Consultancy’s Approach

Atomic Consultancy worked closely with Simon from the outset, carrying out a detailed valuation and advising on how best to position the business in the market.

With approximately 325 managed properties and strong recurring income, Panorama was an attractive opportunity. Atomic introduced the business to a targeted pool of qualified buyers and managed the process end-to-end, from initial discussions through to negotiation and completion.

The Property Franchise Group (TPFG) emerged as the right buyer, offering both the scale and structure required to acquire and integrate the business successfully. Atomic supported Simon throughout the process, ensuring he was kept fully informed and confident at every stage.

Key Takeaways

Long-established Bournemouth lettings agency trading since 2005
Approx. 325 fully managed properties
Sale driven by owner’s retirement plans
Atomic Consultancy provided valuation, buyer introductions, and full deal management
Business sold to TPFG, a leading national group

Feedback

I have been extremely pleased with the high level of service provided by Lucy at Atomic. From the start, she was always updating me on the sale of the business and her knowledge in this complex subject proved invaluable throughout the process.

Simon Goulden, Former Owner

Final Thoughts From Atomic

Panorama was one of our earlier transactions, but it remains a great example of how experience, communication, and sector knowledge make a real difference. Simon ran a strong, well-regarded business, and it was a pleasure to support him through a successful and well-earned exit.

Lucy Noonan, Owner & Founder – Atomic Consultancy