Well Established Franchise Opportunity in Central West Midlands

£425,000 £375,000 | 089

A well-established property franchise opportunity within the Belvoir Group has become available in a diverse, vibrant and historic City within the West Midlands. The current owners reason for the sale is due to their interest in pursuing other business ventures. By becoming a franchisee you will have the opportunity to join a reputable brand with a strong presence within the property and lettings industry. Whether you have strong expertise in the trade or new to the field. Belvoir offers the tools and resources towards your entrepreneurial Journey.

The business has been established for nearly 2 decades, having provided a wide variety of award winning services to all their clientele in sales and lettings having received their fourth Gold award in the Letting Agency of the Year Awards, and Bronze award for Best Customer Service in the Large Lettings Agency category. The potential new owner will benefit from the ability to grow the business and expand the branches portfolio by introducing student lets into the business.

Thanks to its multiple universities and status as one of the more affordable major cities in the UK, this area has become increasingly attractive to first-time renters and buyers due to new developments that offer affordable housing.

Area Statistics

The average house price rose by 2.0% over the last year in the West Midlands (ons.gov.uk, 02.07.2024)

The average private rents in the area had an annual increase of 12.2% (ons.gov.uk, 02.07.2024)

Property Information

Property: Leased

Location: The office is situated within the heart of the city and has many close access links to public transport, shops and eateries.

Business Operation

Years established: 18 years

Staff: 2

Turnover: Available upon request

Net profit: Available upon request

Franchise Information

Asking Price: £375,000.

Franchise Opportunity: Franchise Resale

Franchise Terms:

Belvoir is a brand owned by The Property Franchise Group PLC, one of the UK's largest and most experienced franchise operators. The monthly Managed Services Fee (MSF) is 12% +VAT of your gross monthly income and includes unlimited ongoing Head Office support. The initial Franchise Fee is £22,500 +VAT and the Franchise Agreement is for 5 years. The Franchise Agreement is renewable for a fee, there is no upper limit to the number of franchise renewals.

Support & Training:

The Belvoir Group will ensure that you are fully trained before you take over the running of this business, including a 4 week in-depth induction course, market trends/analysis review, mentor training, plus on-site support days with an experienced property professional. We also offer various courses throughout the year for you and your staff.

Financing Available:

The Belvoir Group can suggest lenders for funding and the business model is seen very positively by our panel of high-street banks.

Other Information

All of our resales are confidential. For further information and a Non-Disclosure Agreement, please contact our team via the details below or complete the form at the bottom of this page.

Call: 01476 570 000  -   Email - franchising@belvoirfranchisegroup.co.uk

If you're looking for a franchise opportunity within the West Midlands but can't find what you're looking for or if you'd prefer a estate agency franchise opportunity elsewhere, please contact us using the form below & let us know which area you are interested in within the body of the message.

We are available Monday -Thursday : 09:00-17:30 and Fridays: 09:00 – 17:00 to assist with any queries you may have. We look forward to hearing from you.

All information provided is correct as of July 2024 and is subject to change. Information was sourced from ONS and publicly available data sources, the reference links can be provided upon request.

Enquire about this resale

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