Nicholashumphreys

Franchise Focus: Nicholas Humphreys Estate Agent

Nicholas Humphreys estate agents provides a range of options for their franchisees including Student Lettings, Professional Lettings, Investment and Residential Sales.

Extensive training is provided to all franchisees, along with ongoing support. Nicholas Humphreys’ franchisee, Dan Strain, tells us his story.

Previous Sector Experience

Worked for Nicholas Humphreys owned branch in Derby for 1 year.

Started trading

September 2010 with Nottingham City branch, expanded to owning 3 more franchises.

Reason for choosing a Nicholas Humphreys Franchise

After working for Nicholas Humphreys for 12 months, I knew it was a brand I could trust.

Vision

To open a second office based branch within the next 2 years and to launch several more franchise operations.

Personal Goal

To continue to add to my personal property portfolio.

Advice to Prospective Franchisees

Take a look at the market research packs available, I found it really insightful.

nicholas humphreys

Figures

First year Income: £75,174

Second year Income: £152,955

Third year Income: £223,024

Franchisee development timeline

Worked for NJH Derby

September 2012: Launch Nottingham city from bedroom!

February 2013: Hire first member of staff and move to serviced office

October 2013: Increase number of staff and move to larger office

September 2014: Open first branch office

June 2014: Launch Manchester franchise

March 2014: Increase own property portfolio

November 2014: Launch West Bridgford franchise

Find out more about Nicholas Humphreys now with Reed Commercial.

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Sandy Purewal

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