Join the UK’s Number 1 Specialist Student Letting Franchise!
Our Nicholas Humphreys Franchise Proposition includes Five Franchises for the price of one. Unlike a traditional Estate and Letting Agent providing only Sales and Lettings we provide our franchisees with the lucrative option of Specialist Student Lettings, Professional Lettings, Letting Management, Investment and Residential Sales. As one of the few property based franchise full members of the BFA we have gone through rigorous checks to prove our business is viable, ethical and that we have successfully shown support to our established network of franchisees with a proven trading and franchising record.
Why are Nicholas Humphreys different?
We are dedicated to our franchisees specifically in regards to their training, initial launch and ongoing support. This is why we have set our initial franchise fee at our own break-even point ensuring that we do not make a profit from our fee – all of the money is invested back into you and your business!
Nicholas Humphreys has an established Specialist Student Letting Brand and franchise proposition which differentiates us from the rest of the traditional property market. Student Lettings is a very quick way of ensuring your business is profitable, with fee income of up to 2.5 times that of traditional residential lettings. The cycle in which student lettings operate also means that you have guaranteed income for the year ahead meaning you can plan your cash flow. Our accounts team make sure that you are also paid weekly to also help your cash flow!
We include a four week training program for up to two people as part of our fee with the Franchise Team being with you for every step of the way. Our launch support is unrivalled as we are with you in your territory aiding you gaining business from the start, this continues for a further period of 8 weeks on a 1-1 basis both in the field and through remote support and then progresses into ongoing mentoring and monthly bespoke support days.
How much does a Nicholas Humphreys franchise cost?
The initial franchise fee is £18,500 + VAT covering the following:
£2300 Stationery and Marketing
£950 IT, Accounts and Telephony Set Up
£1980 Membership and Insurance
£1900 Pre-Launch Set Up
£7400 Launch Costs
£2000 Launch Travel and Accommodation
We also ask for evidence of a minimum of £9000 6 month costs in order to set up your franchise with us.
*Banks can lend up to 70% depending upon your financial history
What do I get for my Investment from Nicholas Humphreys?
The initial franchise fee covers your full training, pre-launch and launch support. We ask for evidence of a minimum of 6 months costs so that the franchisee is focused upon the business generational activities during the initial stages of setting up the business. This said, all of our franchisees have earnt their first income from Month 2 and most recently our Newcastle (Launched 16th March 15), Durham (Launched 22nd June 15) and Solihull (Launched 6th July 15) have all earnt their first income within their first month of launching.
Your investment includes the following:
Full Market Research Pack including Territory Mapping and Reservation of Territory
Pre-Launch Set up including Telephony, IT and Accounts, Membership and Insurance
Stationery and Marketing including Letterheads, Business Cards, Compliment Slips, Letting Agreement Packs, Leaflets, “To Let” Boards, Banner and Gillet
Equipment including SLR Camera, Lens Kit and Case, Laptop, 4 in 1 Printer, iPhone, Electronic Measuring Device
Full Training including Pre-Launch Planning and Business Generation, Full Lettings Training and Full Industry Training
Launch Support including a minimum of 20 days in-field support over an eight week period and remote support through phone, skype and teamviewer
There is more information and further detail on what is included in our Pre-Launch Briefing Pack which is available via email.
What training and support is provided?
Included within your fee is an intense four-week training programme. The training course is based in our training centre with our Franchise Team, also within our Midlands branches and within your own territory in the field. We vary the training style that you receive in order to cater to your individual needs. You will also receive a full training manual and the training will be adapted through needs based assessment. We are able to send you a basic franchisee training plan should you require more details.
After the initial training period you will be provided with a member of the Franchise Team who has been fully trained and has been successful in launching previous franchises with us. The Franchise Team will be with you from Day 1 of your launch for the next eight weeks in an in-field capacity for a minimum of 20 days and providing remote support for the remaining days through Skype and Teamviewer. Further to this your support continues through mentoring and monthly bespoke support days. Further information regarding our invaluable training and support is available on request in the form of a training plan and also at one of our Open Days.
What territories are currently available?
We have identified many areas for growth in the UK that are available on an exclusive basis, with both student and professional letting potential with a growing market. Please email us for an up to date list of vacant territories with great growth potential.
Nicholas Humphreys are currently open in sixteen locations across:
Tyne and Wear
What are my next steps?
From here, we can invite you to an Open Day with us which is no-obligation. We will guide you through our market research pack for your chosen territory which are all designed to be comprehensive yet thorough in order for you (and us!) to make an informed decision on your territory.
Please fill in the form below in order to receive our Full Franchise Opportunities Brochure, Pre-Launch Briefing Pack and Franchisee Case Studies. Welcome to Team Nicholas Humphreys.
How do I find out more?
To receive more information about owning this Nicholas Humphreys franchise in Walsall, please complete the form below.