Martin
& Co - Residential lettings
franchise
In just over a decade, Dorset businessman and
Chairman Richard Martin has built up one of the UK’s leading
letting franchises companies. Martin & Co
was established in 1986, Somerset with the first franchisee
joining in 1995.
Martin & Co is already the
country's largest and fastest-growing residential lettings and
property management franchise network, opening three new offices in
high street premises each month and it's on target to have 200
outlets by the end of this decade.
Martin & Co currently has over 140 offices
across the country, from Truro to Aberdeen, Prime Central London to
Belfast and Wales, reinforcing its position as the nation’s
No. 1 lettings brand.
Martin & Co (UK) Ltd is a recognised Investor
in People and a full member of the British Franchise
Association.
The Martin & Co brand is distinctive and its
reputation is growing. Franchisees are allocated an exclusive
territory, receive help with development of a 5-year business plan,
funding and finding shop front premises, co-ordinating shop
fitting, staff recruitment, training and on-going operations
support to manage and run a successful lettings and property
management franchise.
Who are Martin & Co looking
for?
Ultimately, what drives Martin &
Co’s commitment to such a comprehensive package of
systems and support is the recognition of three core truths about
franchising: that success flows from attracting the right kind of
people that those people will not necessarily come from a property
industry background; and that franchisees should be empowered to
free themselves – should they so choose - from the day-to-day
running of the business altogether.
During 2007 the Martin & Co franchise network
grew at an even faster rate than 2006, with 30 new franchisees
opening for business during the year.
Training and Support
Franchisees not only enjoy all the obvious
branding and marketing advantages that flow from being part of the
dominant national player in the sector, but they are also the
beneficiaries of a uniquely powerful and comprehensive package of
proven systems and ongoing support covering every single aspect of
running a highly successful lettings business, with expert help
always on hand from members of the company’s highly
experienced head office team.
As befits an organisation that wears its hard-won Investors in
People accreditation (renewed until 2010) with understandable
pride, industry-leading training and staff development is a key
area of the Martin & Co offering, ranging from
a comprehensive induction programme that combines a thorough
grounding in all the fundamentals of lettings with a detailed
introduction to Martin & Co, to an extensive
programme of ongoing training and support designed to enable
managers and staff at all levels to develop their expertise and
career opportunities within the group.
Financial Information
Working with a dedicated Funding Manager,
franchisees receive help with the development of a 5-year business
plan to match their particular circumstances relevant to their
territory and aspirations. The initial deposit aside, the company
will also help arrange financing for the venture at rates far more
advantageous than those available to individuals.
Initial Franchise Fee = £18,500 + VAT
Minimum Capital Required = £18,500 + VAT
Minimum Personal Investment = £18,500 + VAT
Minimum Total Investment = £70,000 + VAT
(Approximate)
Who's Ideal for Us
Read what some of our franchisees have to say
about us…
“Right from the start, the comprehensive
training and support we received made the whole venture very
straightforward – and since establishing ourselves as market
leaders in Fife, we simply haven’t looked back. Combining
unrivalled local knowledge with the strength and support of a major
national network, we have succeeded in firmly establishing Martin
& Co as a major force in the lettings and property management
market in this part of Scotland.”
Nora Sinclair, Dunfermline, Edinburgh Fife and
Kirkcaldy
“I came across Martin & Co and liked what
I read, and as soon as I went down and met the team in the
Bournemouth head office, I decided that this was the route for me.
I simply went with my instincts. I exceeded my turnover target for
year one and if things continue at this rate, we look set to double
our business in 2008.”
Adam Clasby, Islington
“We had a shared interest in property and
small-scale redevelopment prompted us to choose the lettings
sector. Next, having decided that a franchise offered us the best
route into the business, we researched all the available options
thoroughly, before choosing Martin & Co. The strength of their
branding, the quality of support, training and strategic planning -
the entire package was simply head and shoulders above the rest.
They had absolutely every angle covered – and we liked that a
lot. “ Andrew and Tracy Blick,
Winchester
“We have worked together before and were keen
to run our own business. Reviewing the options we felt franchising
was a route we wanted to follow. We completed a full competitive
analysis of all the available choices, and Martin & Co won
hands down. Not only is theirs the leading brand in the sector, but
- in return for a lower initial investment and lower ongoing
franchise fees - their package was easily the most
comprehensive." Tony Deveney and Carl Doogan,
Sheffield North
“I am not the type to revel in the quiet life
and wanted to prove that age doesn’t have to be a barrier by
launching a new business at the age of 64 (in 2006). I worked in
the printing industry before retiring and then found I was
restless. I have still got a lot to offer, bundles of energy and I
am always buzzing with ideas.
Having been interested in the property sector for some years, I
was referred to Martin & Co by an existing franchisee. I did my
homework and found that Martin & Co has built an excellent
reputation throughout the UK and I wanted to be part of that
success." Sandra Reeves, Burgess Hill and Haywards
Heath
Territories/Locations
Where we are recruiting?
As the country’s largest and fastest-growing
residential lettings and property management franchise network,
Martin & Co has an ambitious expansion plan, and is on target
to have 200 outlets on the high street by the end 2010 and
300 by the time the company is fully mature.
Franchisees operate within a pre-defined territory. This is known
as an ‘Area of Prime Responsibility’ (APR). Franchisees
have the exclusive right to new business within their APR. From
data gathered and years of experience operating in various
locations across the UK, we have defined criteria that ensure each
territory is viable and meets certain criteria.
Territories are available in England, Ireland, Scotland and
Wales.
Resale opportunities
In addition to this franchise opportunity, Martin & co
have several franchise resale opportunities available. Please
click on the links below to view some of the resale opportunities
available on BusinessesForSale.com:
