Country Properties
Summary of Operation:
Residential estate agency, sales and lettings. Respected and highly regarded brand that is recognised as a symbol of reassured professionalism and quality. Handling properties in all price bands, our Franchisees are provided with the opportunity to reap the huge benefits a powerful and progressive network such as ours can provide.
Ideal Franchise Owner:
People with or without previous experience who first and foremost recognise an exceptional business opportunity and will enjoy running a business following our guidance. Alone or in partnership, they will ideally be affable, keen to learn, firmly believe in the power of ’marketing’ and have a strong determination to win.
Training Provided:
Tailored training provided.
Training Location:
Baldock and other branches.
Support Services:
Management of residential lettings, financial services, sales of property abroad.
Year Established: 1974
Year of First Franchise: 1984
Number of Company Outlets: 1
Number of Franchised Outlets: 24
Franchises Planned: National coverage
Areas of Priority Development: All areas surrounding our existing network.
Overseas Opportunities Exist: AOR
Overseas Opportunities Planned: AOR
Total Cost of Franchise: £60k minimum
Initial Investment: £0
Management Service Fees Payable: 7.5% plus 1% marketing levy on sales. 2.5% plus 1% marketing levy on lettings.
Breakdown of Package: £7,500 Entrance fee plus setup and working capital.
Financial Assistance Available: Two thirds of start up capital
BFA Member: No
IFA Member: No
| Projected Turnover | Projected Profit |
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Year 1 | £160,000 | None |
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Year 2 | £240,000 | £40,000 |
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Year 3 | £300,000 | £80,000 |
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