Franchising details
Company Overview and Market Position
Northwood GB Ltd is a specialist franchise operating in the property sector, offering comprehensive residential lettings and estate agency services alongside insurance sales. Founded in 1995, it has evolved into a respected national brand with a network exceeding 85 offices across the UK. The company’s differentiating feature is its Guaranteed Rental Income scheme, which provides landlords with fixed monthly rent regardless of tenant occupancy, reducing risk and increasing revenue stability. This service, combined with Northwood’s attractive branding, professional office design, and strong market reputation, makes it a compelling proposition for investors seeking a retail-based property management business.
Business Model and Franchise Opportunity
The Northwood franchise operates on a premises-based model focused on managing smaller, more profitable property portfolios rather than large volume transactions. Franchisees benefit from an established customer base, including around 20,000 landlords and a portfolio of circa 37,000 properties under management. The business supports a sensible work-life balance, with typical office hours from 9am to 5pm on weekdays and limited Saturday hours. Northwood’s system emphasizes efficiency and profitability, enabling franchisees to focus on quality service delivery with robust operational support from the franchisor.
Support, Training, and Financial Commitment
Training is a key component, with new franchisees receiving five weeks of comprehensive instruction combining face-to-face sessions, online learning, and hands-on experience within an established office. Ongoing development is delivered through webinars and specialized courses. Financially, franchisees must invest a minimum of £45,000, with a total investment expected between £135,000 and £150,000 including premises and working capital. A £25,000 franchise entrance fee applies, alongside a 10% royalty on revenue and a monthly £400 contribution to national marketing. This investment grants access to a proven business system backed by a publicly-listed parent company, The Property Franchise Group plc, fostering franchisee success.
Franchise costs and details
Training and support
New franchisees receive a comprehensive five-week training program incorporating face-to-face instruction, online modules, and practical work experience. Ongoing development support includes webinars, management courses, and job-specific training delivered by Northwood.
