Agents running their own businesses but attracted to the advantages of a corporate are being targeted by a new Business Integration Model from Belvoir.
Rather than buying into one of Belvoir’s existing franchises or cold-starting a new office, agents with an existing office can rebrand as part of the Belvoir Group.
The brands involved are Belvoir itself, Northwood, Lovelle, Newton Fallowell or Nicholas Humphreys.
The Belvoir Group currently has a network of over 450 branches under its various brands, specialising in residential lettings, property sales and property related financial services.
Chief executive Dorian Gonsalves says: “We are always on the lookout for entrepreneurial business operators who might be interested in using our proposition to grow their own property business.
“We believe that our Business Integration Model, which includes a tailored franchise support package, with financial incentives, will be extremely attractive to independent agents, seeking to bring their existing business under our umbrella.
“This new business model will help those agents to grow their businesses to their maximum potential by rebranding to one of the brands within the Belvoir Group, as we have with a number of offices in recent years.”
Gonsalves adds: “The average turnover in one of our networks is around £400k per annum per single office, although some of our franchisees are turning over a million pounds in revenue and others are getting close to £2 million. We have therefore proven that franchisees can build significant businesses as part of our network.”
Franchisees have access to a professional Franchise Support Team with marketing specialists, as well as websites for each brand, plus training for franchisees and their teams. There is also a centralised Audit and Compliance Team to helps franchisees safeguard their businesses.