We currently have the following territories for sale:
Cambridgeshire
Price : An office with an asking price at offers in the region of £135,000 (plus the franchise fee of £22,500 + VAT)
Turnover c. £12,000 per month
Costs excluding franchisees salary, franchisees drawings, rent and rates, company car etc £5,500 to £6,500 per month. However, there would be a requirement to open a shop, so assuming that would cost for rent and rates £1,500 to £2,000 per month, the assumed costs with those additional shop costs, would be in the region of £7,000 to £8,500 per month.
- 153 managed properties (as at March 2013) with an additional c. 15 tenant find properties
- 80 Move ins in one year (2012)
- Turnover split down (first half of 2012)
- 85% from monthly ongoing management fees (paid by landlord)
- 5% from fees (paid by landlord) to set up a tenancy of a managed property
- 7% from fees (paid by landlord) to set up a tenancy of a tenant find property
- 3% from Other sources
The office is being marketed in confidence, so the location of the office can only be declared once a Confidentiality Form has been signed, but once it has, a full and detailed brochure will be sent.
For more details, speak to Christopher in the Belvoir Franchise Recruitment dept. in confidence on 07557 285970 upto 8pm in the evening or a sensible hour at the weekend
Camberley, Surrey
Price: Offers in the region of £290,000 plus franchise fee (of £22,500 + VAT).
Genuine reasons mean the buyer had to pull out the sale for the office.
Situated in Surrey, this is an excellent opportunity to take on an existing OPEN Belvoir Franchise with an extensive managed portfolio. With monthly outgoings of around £11,000 to £12,000 per month(excluding owners wages/drawings) and with turnover figures (since the Spring 2012) being a minimum of £20,000 per month to their best month in October 2012 of £28,000 per month. TThis gives a net adjusted profit of around £9,000 to £17,000 per month.
For further information please contact Christopher Watkin in Franchise Sales on 01476 570000 during office hours or early evenings on 07557 285970 upto 8pm in the evening or a sensible hour at the weekend
Newark, Notts
Price : OIRO £95,000 plus a franchise fee (of £22,500 + VAT)..
Turnover £110,000 pa and net adjusted profit of £20,000 to £25,000pa.
For more details, speak to Christopher in the Belvoir Franchise Recruitment dept. in confidence on 07557 285970 upto 8pm in the evening or a sensible hour at the weekend
Two offices in Lincolnshire
TWO OFFICES AVAILABLE SEPERATELY OR COMBINED – LOCAL MARKET TOWNS
1. Shop based office in a good position with an asking price in the region of £125,000 plus franchise fee
+ Turnover c. £125,000 per year
+ Profit (net adjusted) c. £45,000 per year
165 Managed Properties
96 Move ins per year
Opportunity to exploit new developments
The owner would be prepared to stay on a salaried part time consultancy basis for an agreed time to help training with systems and procedures
2. Serviced office based business in a good location with an asking price in the region of £45,000 plus franchise fee
+Turnover c. £55,00 per year
+ Profit (net adjusted) c. £22,000 per year
90 Managed Properties
Long Stay Tenants
Opportunity to move to High Street Location for additional growth
The owner would be prepared to stay on a salaried part time consultancy basis for an agreed time to help training with systems and procedures
3. Both offices combined sale in the region of £165,000 plus franchise fee
For more details, speak to Christopher in the Belvoir Franchise Recruitment dept. in confidence on 07557 285970 upto 8pm in the evening or a sensible hour at the weekend
The Midlands
Price: Offers in the region of £500,000 plus franchise fee (of £22,500 + VAT).
Marketed on a low key basis, the office is being marketed in confidence, so the location of the office can only be declared once a Confidentiality Form has been signed, but once it has, a full and detailed brochure will be sent. A large established franchise with net adjusted profits in excess of £150,000 per year.
Speak to Christopher in the Belvoir Franchise Recruitment dept. in confidence on 07557 285970 upto 8pm in the evening or a sensible hour at the weekend
Greater Manchester (South)
Price: Offers in the region of £40,000 plus franchise fee (of £22,500 + VAT).
Situated in one of suburbs/towns of Manchester, this is an excellent opportunity to take on an existing Belvoir Franchise
With turnover figures being an average of £2,500 per month, this is an ideal starting point for someone who might not be able to afford a large resale, but wants some properties to get started with.
Speak to Christopher in the Belvoir Franchise Recruitment dept. in confidence on 07557 285970 upto 8pm in the evening or a sensible hour at the weekend
Alternatively, on any case, you may email franchising@belvoirlettings.com.