Franklin Estates

(This Franchise also includes the Franklin Finance franchise at no additional costs)

Overview

Franklin Estates is basically an estate Agency offering all the usual estate agency services. Our USP is that because of our commercial & trade history, focus & connections, we are able to focus on properties that can be turned to a commercial opportunity, above the normal selling the house or renting it

This includes:

  • Converting to Multiple occupation properties
  • Buying discounted distressed properties
  • Refurbishment or rebuild
  • New builds
  • Bulk properties
  • Converting commercial to residential projects

Consultants generally advise and guide people through the sale and/or development process and liase with our listed or new investors

Set Up Costs

Franchise Fee £8900 plus vat which includes:

  • Software Set Up
  • Initial training
  • Launch
  • New Limited company & administrative set up
  • New PC
  • Dedicated phone number
  • Operation Manuals
  • Marketing Manuals
  • Access to Franchisee Resource site inc Training videos
  • Your own Web Site & related email
  • Business Steps Development Plan guide & Software

On Going Costs

Royalties – the higher of 5% net monthly turnover, profit share if we introduce you to the buyer or £250pm – which includes:

  • your Accountancy & bookkeeping Services
  • Contribution to Marketing & Lead Generation
  • Software Licence Fees & Administration
  • Continuous Professional Development Courses
  • Lead generation – £15 per lead**
  • National marketing, SEO, Social Media
  • Office Support & advise

Also Included in Franchise Package

  • Holiday & Absence cover
  • Specialist to carry out service where there is a skill gap
  • National contacts for support

Core Income Sources

  • Property Sales Commission
  • Tenant Finding & Management Fees
  • Financial Services
  • Finance Brokering
  • Project Management fees

Estimated Income

Income is based on the franchisee following guidance & instructions as given by Accounts Direct, BVTV & our industry expert as well as hard work and commitment.

  • Your remuneration will be made from a combination of:
  • Core monthly management fees
  • Property Deals
  • Your own specialism
  • Fee shares where jobs are carried out by head office specialists
  • Commissions where jobs are introduced to 3rd parties

Once established, your annual remuneration should be around £120,000 with around £15,000 costs

This is based on the ability to service around hundreds of clients, where core income will come from around 50 clients

Industry Expert

You will be guided by 5 core experts

  • General Business guidance
  • Finance Brokering
  • Financial Services
  • Property Sales & Management
  • Property Deal & Project management

Some of our team of experts, although part of our team may operate independently from us, but they are still vetted and monitored to provide the service agreed. You may have to be licensed or qualified to offer some services or even sell them, but we will help you to achieve the necessary status

Operations

You tend to meet face to face with clients and as time goes by and the path is established, meetings can take place over the phone

Around 90% of you time will be spent prospecting and following up leads and appointments until your practice targets have been achieved and the time spent on prospecting will reduce to around 20% of your time with the rest of your activities involving doing deals and selling properties

  • Where Option has been selected

**   We give you on going leads as part of our marketing strategy, the charge is for the Hot leads where target market have requested you contact them