Martin & Co - We're bigger than you think!
In just over a decade, Dorset businessman and Chairman Richard Martin has built up one of the UK’s leading lettings and property management companies. Martin & Co was founded in 1986 in Yeovil, Somerset with the first franchisee joining in 1995.
Martin & Co is already the country's largest and fastest-growing residential lettings and property management franchise network, currently opening three new offices in high street premises each month and it's on target to have 200 outlets by the end of this decade.
Martin & Co currently has over 150 offices across the country, from Truro to Aberdeen, Prime Central London to Belfast and Wales, reinforcing its position as the nation’s No. 1 lettings brand.
Martin & Co (UK) Ltd is a recognised Investor in People and a full member of the British Franchise Association.
The Martin & Co brand is distinctive and its reputation is growing. Franchisees are allocated an exclusive territory, receive help with development of a 5-year business plan, funding and finding shop front premises, co-ordinating shop fitting, staff recruitment, training and on-going operations support to manage and run a successful lettings and property management franchise.
Who are Martin & Co looking for?
Ultimately, what drives Martin & Co’s commitment to such a comprehensive package of systems and support is the recognition of three core truths about franchising: that success flows from attracting the right kind of people that those people will not necessarily come from a property industry background; and that franchisees should be empowered to free themselves – should they so choose - from the day-to-day running of the business altogether.
During 2007 the Martin & Co franchise network grew at an even faster rate than 2006, with 30 new franchisees opening for business during the year.
Training and Support
Franchisees not only enjoy all the obvious branding and marketing advantages that flow from being part of the dominant national player in the sector, but they are also the beneficiaries of a uniquely powerful and comprehensive package of proven systems and ongoing support covering every single aspect of running a highly successful lettings business, with expert help always on hand from members of the company’s highly experienced head office team.
As befits an organisation that wears its hard-won Investors in People accreditation (renewed until 2010) with understandable pride, industry-leading training and staff development is a key plank of the Martin & Co offering, ranging from a comprehensive induction programme that combines a thorough grounding in all the fundamentals of lettings with a detailed introduction to Martin & Co, to an extensive programme of ongoing training and support designed to enable managers and staff at all levels to develop their expertise and career opportunities within the group to the fullest extent.
Working with a dedicated Funding Manager, franchisees receive help with the development of a 5-year business plan to match their particular circumstances relevant to their territory and aspirations. The initial deposit aside, the company will also help arrange financing for the venture at rates far more advantageous than those available to individuals.
· Initial Franchise Fee = £18,500 + VAT
· Minimum Capital Required = £18,500 + VAT
· Minimum Personal Investment = £18,500 + VAT
· Minimum Total Investment = £70,000 + VAT (Approximate)
Who's Ideal for Us?
Read what some of our franchisees have to say about us…
“Right from the start, the comprehensive training and support we received made the whole venture very straightforward – and since establishing ourselves as market leaders in Fife, we simply haven’t looked back. Combining unrivalled local knowledge with the strength and support of a major national network, we have succeeded in firmly establishing Martin & Co as a major force in the lettings and property management market in this part of Scotland.” - Nora Sinclair, Dunfermline, Edinburgh Fife and Kirkcaldy
“I came across Martin & Co and liked what I read, and as soon as I went down and met the team in the Bournemouth head office, I decided that this was the route for me. I simply went with my instincts. I exceeded my turnover target for year one and if things continue at this rate, we look set to double our business in 2008.” - Adam Clasby, Islington
“We had a shared interest in property and small-scale redevelopment prompted us to choose the lettings sector. Next, having decided that a franchise offered us the best route into the business, we researched all the available options thoroughly, before choosing Martin & Co. The strength of their branding, the quality of support, training and strategic planning - the entire package was simply head and shoulders above the rest. They had absolutely every angle covered – and we liked that a lot.” - Andrew and Tracy Blick, Winchester
“We have worked together before and were keen to run our own business. Reviewing the options we felt franchising was a route we wanted to follow. We completed a full competitive analysis of all the available choices, and Martin & Co won hands down. Not only is theirs the leading brand in the sector, but - in return for a lower initial investment and lower ongoing franchise fees - their package was easily the most comprehensive." - Tony Deveney and Carl Doogan, Sheffield North
“I am not the type to revel in the quiet life and wanted to prove that age doesn’t have to be a barrier by launching a new business at the age of 64 (in 2006). I worked in the printing industry before retiring and then found I was restless. I have still got a lot to offer, bundles of energy and I am always buzzing with ideas.
Having been interested in the property sector for some years, I was referred to Martin & Co by an existing franchisee. I did my homework and found that Martin & Co has built an excellent reputation throughout the UK and I wanted to be part of that success." - Sandra Reeves, Burgess Hill and Haywards Heath
As the country’s largest and fastest-growing residential lettings and property management franchise network, Martin & Co has an ambitious expansion plan, and is on target to have 200 outlets on the high street by the end 2010 and 300 by the time the company is fully mature.
Franchisees operate within a pre-defined territory. This is known as an ‘Area of Prime Responsibility’ (APR). Franchisees have the exclusive right to new business within their APR. From data gathered and years of experience operating in various locations across the UK, we have defined criteria that ensure each territory is viable and meets certain criteria.
Territories are available in England, Ireland, Scotland and Wales.
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