Resale Franchise
If the idea of starting a business from scratch leaves you cold, Martin & Co has a few existing franchise businesses for sale.
These are located throughout the UK and provide a superb opportunity to buy into a business that's up and running with scope to "fast track" future growth. A resale will give you an immediate income stream capable of further development and which typically exceeds the cost of servicing the business loan. Business systems are already in place, and the business may have premises and staff as well.
A resale means that the Martin & Co brand is already enjoying local recognition operating within a pre-defined territory as agreed with the franchisor. There is also an existing landlord and tenant client base that has already chosen Martin & Co and offers excellent scope for further growth.
A Martin & Co resale allows you to buy an existing Martin & Co business and improve it. This is often the most expensive option but the least risky as there is generally an established income stream with which to meet business overheads and repay the business loan. The more expensive resales are in the range £200,000 to £400,000+ and you will need to inject at least 30% of the capital required (including the franchise fee). Banks are happy to lend up to 70%, but they will require full security on the loan.
A resale can also throw up a bargain. If the incumbent Franchise Owner has been unsuccessful, and this might be because of a change in their personal circumstances or some other reason unrelated to the strength of the business opportunity in the territory, then a fully branded high street shop, with an existing income stream may be purchased for less than the cost of opening a shop in a new territory. The financing of these lower cost resales (and the price can be as low as £30,000 including fixtures and fittings) follows the pattern above; for the right candidate a bank will lend up to 70%.
If a Martin & Co Resale is right for you contact us immediately and we will provide you with access to further information on Funding, Business Planning and Premises.
We currently have resales available in the following locations:
Franchise Package
We will allocate you a defined post coded territory to operate your business in.
Our franchise agreement is granted for five years and you have the right to renew free of charge and the end of the franchise agreement. You also have the right to sell your franchise during the five year period if you wish.
Contact us today to learn more 01202 292829.
Martin & Co can help you raise the finance you require to purchase an on-line, shop or resale franchise. You can borrow up to 50% of the purchase cost of an on-line franchise as an unsecured loan and up to 70% of a shop or resale franchise as a secured loan.
You can raise the investment required from savings, inheritance, re-mortgaging your home, selling or releasing equity from an investment property or from a redundancy settlement. We also see families investing directly in the future of their son or daughter.
The Martin & Co franchise business plan is recognised by a panel of major banks. We work with each new franchise owner to develop a highly detailed 5-year business plan that is tailored to their circumstances and the particular territory. The plan is microscopically detailed and presented in a format that the underwriting team at the bank are familiar and confident with.
Contact us immediately and we will provide you with access to further information on Funding and to see how we can assist you in starting your franchise.
Regardless of the franchise you purchase from us our Funding Manger will coach you to write a detailed five year business plan using our established plan format. You have unlimited time with our Funding Manager who is himself a vastly experienced former corporate lending manager.
The plan is tailored to your personal circumstances and reflects local pricing information for your proposed territory. As part of the franchise application process we ask you to carry out local market research as part of your due diligence to ensure realistic projections. The business is typically projected to be debt free at the end of five years, with substantial earnings and a strong asset value.
Contact us today and we will provide you with access to further information on Business Planning and how we can assist you in starting your Martin & Co franchise.
Martin & Co's Network Planning Manager can assist in helping you secure suitable high street premises if you are buying a shop franchise or serviced offices if you are purchasing an on-line franchise.
All our franchises are launched using a tried and tested roll out process. We will assist you in finding the most suitable serviced offices from which to start your on-line business. If you are buying a new shop franchise then as part of the roll-out process there is a step-by-step guide including timescales to ensure that the premises search and shop fit run as smoothly as possible.
Contact us immediately and we will provide you with access to further information on Business Premises and to see how we can assist you in finding the right premises for your Martin & Co franchise.
Martin & Co offer the very best training and development programme in the industry.
Training is modular to suit different styles, mixing theory and practice. We offer a minimum of a four week training programme as part of the franchise package. This includes Franchise Induction training over a period of two weeks, two days mentoring in a working office, three one day specialist training courses and five days launch with an operations director by your side. If you are purchasing a shop or a resale then the operations director will spend a further three days helping you launch your business.
We also offer a wide variety of ongoing training courses through our Training Academy. These courses allow you and your staff to further your knowledge and development as lettings experts and help you achieve professional qualifications (ARLA).
Each franchise package offers comprehensive marketing support to get your business noticed from day one and help it to become established as quickly as possible. All our franchises come with a stationery pack, boards, leaflets and advertising templates.
Extensive sales and marketing support and material is available with the flexibility of adding local content alongside consistent national branding. This includes web, email and social networking solutions as well as some of the more traditional printed media. Established relationships with a large number of property portals and preferred suppliers within the sales and marketing arena mean that franchise owners benefit from the bulk purchasing power of a UK franchise network and the familiarity of working with a strong lettings brand.
Recognised as the most visited letting agent website for two years in a row www.martinco.com is a property portal in its own right.
We have invested heavily into our IT infrastructure and web development and due to the size of our network and our expertise in this area many of our franchise owners are on page one of Google consistently. With your own URL and full edit rights as well a regular content updates our optimised website attracts landlords and tenants alike.
The site allows automatic uploading of property details to all major web portals and we have preferential terms for on-line advertising and search engine optimisation. We have a dedicated student homes area which allows you to search by campus as well as a dedicated London lettings website.
You will work with a number of training providers including a personal coach - your 'Operations Director'. An Operations Director is a seasoned lettings professional who has no additional duties other than supporting new franchise owners in getting to grips with their lettings and property management businesses, and working with current franchisees to increase their landlord and tenant client base, developing their team and opening offices in both new and existing territories.
With an established operations and training team and access to a 'free' legal helpline, should you have a lettings technical query, then at Martin & Co you will never be far from the answer.
At Martin & Co we pride ourselves on having an active support network that provides assistance to all business partners in all areas of the business. Within the IT network we work diligently to ensure that our offices are utilising their lettings software to the best of it’s ability, that they are making full use of the marketing services we offer and that the website is fully optimised and meeting our business requirements.
We offer support in all mediums from e-mail and phone support to live chat support and remote desktop support. We have a team of enthusiastic professionals who can handle any problems you might encounter.
Martin & Co have our very own recruitment division based at our head office in Bournemouth to help you find the perfect candidate for your vacancy. We have our own recruitment website www.martincojobs.com to help attract the highest calibre of candidates!
We are aiming for the same goal – your business succeeding.
We deliver results and value for money. If you calculate the cost in time of sifting through CVs, planning and holding interviews, together with the cost of advertising a vacancy and the loss in business revenue until that vacancy is filled, you'll find we will bring you big savings.
All candidates that are presented to you will have been screened and interviewed by our experienced consultants to ensure their suitability and compatibility for your vacancy and company fit.
