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

Year 1£78,000£31,000
Year 2£140,000£53,000
Year 3£270,000£100,000

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