#Property Investment Franchise Platinum Property Partners Reaches Major Milestone
UK franchise Platinum Property Partners has reached a major milestone by growing its network of Franchise Partners (franchisees) to 160 within five years.
Platinum Property Partners was launched in 2007 by entrepreneur Steve Bolton as the world’s first property investment franchise with the aim of helping people gain financial security by owning their own property portfolios.
The franchise has gone from strength to strength and is now regarded as the fastest-growing premium franchise in UK history. Bolton is delighted that the business has flourished despite the financial downturn. He commented: “Our network of Partners is our most valuable asset and it is a huge achievement for us to continue to grow each year and enable more people to leave financial legacies for their loved ones.
“To date our Franchise Partners have purchased over £70 million of property in 85 towns and cities across the UK.”
The Platinum Property Partners business model enables their Franchise Partners achieve an average return on investment of 15 per cent. After paying all costs, an average property will generate £15,000 gross profit per annum from rental income alone.
Franchise Partners Nicky and Paul Ruggier joined Platinum Property Partners in 2010 and now own four properties offering premium shared-living for tenants in Dorset. Nicky said: “We really enjoy running our own business and it has made our lives easier by giving us a stable income. We get satisfaction from knowing our tenants are impressed by our properties and we are now looking forward to a time when we can both spend even more time at home with our family.
“Steve has established an ethical franchise, which was a major factor for us when we joined, and we have also made lasting friendships with other Franchise Partners.”
Platinum Property Partners was awarded full membership to the British Franchise Association in 2012 and they also celebrated a record year by recruiting 52 Franchise Partners. The company is an award-winning Landlord and the UK’s leading provider in this sector.