Martin and Co (UK) Ltd
Martin & Co is already the countrys largest and fastest-growing residential lettings and property management franchise network, currently opening three new offices each month. Its on target to have 200 outlets by the end of this decade and 300 by the time the company is fully mature. There are currently over 120 Martin and Co offices with a geographical spread across the entire UK from Belfast to Aberdeen to Truro.
About Martin & Co
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. The national network of over 115 Martin and Co offices has a geographical spread across the entire UK and Ireland (the Head Office - Martin & Co (UK) Ltd is in Bournemouth, Dorset).
Martin & Co is already the country’s largest and fastest-growing residential lettings and property management franchise network, currently opening three new offices each month. It’s on target to have 200 outlets by the end of this decade and 300 by the time the company is fully mature. 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 support to manage and run a successful lettings and property management franchise.
Who are Martin & Co looking for?
Our current franchisees are all very different – the case studies are evidence of this. Very few have a property background. We are seeking individuals who wish to develop a substantial business, and with whom we can forge a long term relationship.
During 2006 40 new franchisees were recruited, of which over 25% were within London and the South East. The expansion will not stop there, with a similar rate of growth planned during 2007
Training and Support
This comprehensive modular induction training and launch programme totals a minimum of 36 days. Activities include working through the (16 week) ‘Roll Out Workbook,’ a step-by-step guide to starting your business. Prior to launching you will benefit from mentor and classroom training and be required to undertake some self-study. Throughout your training you will be working closely with a dedicated operations team (in addition to a number of specialist support staff). A series of pre-launch, launch and post launch visits are also co-ordinated and delivered by an Operations Director and/or Business Development Manager. On-going networking and regional meetings also take place for all franchisees.
In addition to training, Martin & Co provide support at pre-launch, launch and post launch stages. More detailed information can be found on the dedicated property franchise site.
Financial Information
Franchisees receive help with development of a 5-year business plan and bank funding solutions.
- Initial Franchise Fee = £18,500 + VAT
- Minimum Capital Required = £18,500 + VAT
- Minimum Personal Investment = £18,500 + VAT
- Minimum Total Investment = £60,000 + VAT (Approximate)
Read what some of our franchisees have to say...
“I am not the type to revel in the quiet life and I also wanted to show that age doesn’t have to be a barrier by launching a Martin & Co franchise 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. I threw myself into the business from day one and I think I have made an excellent start. I’ve been interested in the property sector for some years and the franchise really taken off. I was delighted to have the opportunity to purchase a Martin & Co franchise. The company has built an excellent national reputation and I am very happy to be part of that.”
Sandra Reeves, Burgess Hill and Haywards Heath
“In 15 years as a promoter and manager in the music business, I worked with some well known names including Alice Cooper, Robert Palmer and Paul Young. It was hard work and immense fun but I really began to feel it was time to change direction. The Rolling Stones may still be going strong into their sixties but I thought I was getting a bit old for it all at 37! I have always had an interest in property and the Martin & Co approach impressed me tremendously. I was born and raised in Islington, so I know the area like the back of my hand and it seemed like the perfect place to launch my own business. It’s an area of high value property that has great rental potential. I am absolutely delighted with the way things have gone since we started. Martin & Co has a great name and that has really helped me get established and known in the local market very quickly indeed.”
Adam Clasby, Islington
“I was a property and marine underwriter in Singapore and then came back to the UK and bought a fish and chip restaurant and takeaway in Leeds which I owned for five years. It was a string of bad experiences with agents that led me into the property lettings business. I took the decision to manage my own properties in the Aire Valley because I wanted to show agents a thing or two about how it should be done and to offer other landlords a first class service. I chose Martin & Co because of its reputation for professionalism and the growing national network and profile. Since we launched we haven’t looked back and have just moved into two high profile shop front premises, a sign of just how well things have gone. We have built our growth on doing what it says on the label – providing excellent, dependable services and offering high levels of customer care and value for money.”
Angela Newark, Shipley and Keighley
Territories/Locations
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 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.
