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Jan
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Franchise information – 122 Property franchise
Description of Franchise Estate & letting agents
Telephone number 0115 977 0883 or 07761 751450 (Kevin Malloy)
E-mail address info@122property.co.uk
Website www.122property.co.uk
British Franchise Association member No
No. of UK Franchised outlets 1
No. of UK Franchisor owned outlets 1
Date Business established 2004
Date Franchise launched 2005
The Initial franchise fee is £14,950 plus VAT in addition a minimum capital investment of £14,950 will be
required. 122property franchise package offers: Discount for first wave franchisees, various income
streams including sales, lettings, referral fees from conveyancing etc, exclusive territories, centralised
accounting for clients' funds, Home Inspections Packs from market leader, initial and ongoing training
leading towards NAEA accreditation.
Master franchises available for most metropolitan areas. Also no turnover levy for the first 2 years for
all franchisees thereafter year 3 is 3%, year 4 is 4% and year 5 is 5%. Initial licence term is six years
which is renewable. 122property.co.uk offers sales/rentals in the UK and abroad, free market
appraisals for sales and lettings, detailed sales/rental particulars with multiple photographs,
accompanied viewings where requested, virtual tours on selected properties, conveyancing service
(via associates) and mortgages and loans (via associates).
This is a home-based franchise opportunity with projected first year turnover of between £25,000 and £35,000.
For more information on the 122 Property franchise please consult the site above. This post is for informative purposes only, and anyone considering investing in any franchise business opportunity is advised to seek advise from an approved British franchise Association Solicitor, as well as speaking to current franchsee's.