Third acquisition leads to second territory and sales expansion for Glenn Broadwell
Glenn Broadwell of Belvoir Leeds North West has completed on his third acquisition, securing a second territory in Leeds South and purchasing the entire shares of Onwards and Upwards, Morley. The business is an established estate agency and lettings business, adding 224 properties to Glenn’s portfolio of fully managed properties.
“Onwards and Upwards is an independent business with large premises, seven staff and an in-house mortgage advisor,” explains Glenn.
“The lettings side of the business is fairly substantial, and the sales side is also quite large. My main aim was to secure a second territory that would enable me to acquire the expertise of established sales staff and build on the estate agency services that are currently offered by my team at Belvoir Leeds North West.
“We are retaining the premises and all of the staff, and Onwards and Upwards will trade under its own brand name for the time being, although we are introducing some Belvoir systems to further improve customer service and dramatically reduce costs.
“This is my third acquisition since 2015, although it’s my first share sale acquisition. I am very grateful to the Acquisition Team at Central Office for everything they’ve done, as there was a lot of work involved and I definitely would not have managed this on my own.
“With a brand new decade just a couple of months away, these are very exciting times, so it’s definitely onwards and upwards for us!”
Speaking of Glenn’s acquisition, Belvoir CEO Dorian Gonsalves said: “I am delighted that Glenn has successfully acquired this new business, which has enabled him to operate in a second territory in Leeds South and expand on the sales side of his businesses. Glenn has been with Belvoir for 11 years and is a very ambitious and driven franchisee, as well as a great asset to the network. I wish him every success for the future.
“Acquisitions continue to be a main focus of growth and development for Belvoir, and our dedicated Acquisitions Team at Central Office is working hard to source and target new opportunities that will help our franchisees to maximise the potential of their businesses.”