Summary of Operation:
A specialist residential property mananagement company dedicated to relieving franchise owners from the hassle and paperwork normally associated with the traditional lettings business. Mobile and shop-based opportunities are available.
Ideal Franchise Owner:
Enthusiastic, committed, outgoing personality, ideally with some sales experience and good administrative ability. No previous experience in the property lettings industry is necessary as this will be taught.
Training Provided:
Fully comprehensive two weeks training course including classroom and field-based assignments.
Training Location:
Gloucester Head Office.
Support Services:
24/7 Help Desk, field-based Franchise Development Support Team, bespoke software, national and local advertising and PR, online promotion and quarterly franchise conventions.
Year Established: 2004
Year of First Franchise: 2004
Number of Company Outlets: 0
Number of Franchised Outlets: 9
Franchises Planned: 50
Areas of Priority Development: Most major cities and towns.
Overseas Opportunities Exist: None
Overseas Opportunities Planned: None
Total Cost of Franchise: £9,500 + VAT
Initial Investment: £9500
Management Service Fees Payable: 10% of turnover
Breakdown of Package: Training, launch, marketing materials, business stationery, first year’s indemnity insurance, etc.
Financial Assistance Available: Major banks
BFA Member: No
IFA Member: No
| Projected Turnover | Projected Profit |
|
|---|---|---|
| Year 1 | £78,000 | £31,000 |
| Year 2 | £140,000 | £53,000 |
| Year 3 | £270,000 | £100,000 |
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