Northwood franchise

Min investment
25,000

Outlets
0

Northwood franchise

Letting and property sales

Northwood is a network of letting and estate agents servicing the UK by dealing with residential property sales and letting.

Minimum investment
25,000

Funding support
N/A

Total investment
0

Franchise fees
25,000

Business type
Franchise

Expected revenue after 2 years
0


Minimum investment
25,000

Outlets
0
  • Operating fee:
    N/A
  • Advertising fee:
    N/A
  • Royalty fee:
    N/A
  • Average floor space:
    N/A

About Northwood
franchise

About Northwood

Northwood is a network of letting and estate agents servicing the UK by dealing with residential property sales and letting. We pioneered in the guaranteed rent scheme and has gone on to become the leading provider of this service. With guaranteed rental, landlords are sure of getting an income even if the tenants do not pay the rent during void periods. While most providers collect legal costs, we do not change any fees or commissions to landlords.

Unlike other providers, we offer all the normal agency services of sales, lettings, and property management. Our guaranteed rent system is what makes us unique from the others ensuring that the landlord will have a fixed rent every month. We let the property to a sub-tenant at a higher market rate and the difference is our income. This business model provides agents with up to three times the margin of what others will get.

Be part of our team

Being a Northwood franchisee can offer the candidate a lucrative career. Our experience and expertise can give you a guarantee of the best possible chance of success. Since there are already 4.2 million privately rented houses in England and Wales, you can look forward to getting a wide customer base. Working with an already established brand increases your chances of getting a profit. You will be promoting a market-leading product using a proven model. As a franchisee, you will also benefit from the backing and support of a great team.

Training and support provided

As part of our team, you will be getting all the support and training needed to succeed. In return for the franchise fee, you will get a full launch marketing pack, full feasibility study, and a 5 year renewable license. We will also train you on how to use the Northwood Business System. You will also be trained on how to use the accounts software. Our franchisees will receive a full set of marketing collateral and stationery. We will also help you locate and negotiate the lease on the premises. You will be invited to a residential training at our state-of-the-art training suite at Cams Hall Country Estate, Fareham, Hampshire.

The ideal Northwood franchisee

Unfortunately, not everyone can avail of our franchise package. We are looking for someone with high personal integrity, financial acumen, strong communication skills, and the personality to represent our company. Managing a business requires hard work and perseverance so we are looking for someone who is committed and can get the job done. To be able to start with your business, you need to make an initial investment of £50,000 split into franchise fee and office set up worth £25,000 each. You will be undergoing a 7-step application process before you can open your new office.

Northwood's history

Northwood was established in 1995 by Andy Goodson. Its original name was Residential Letting and purely offered the guaranteed rent product. The franchise company was formed in 1999 by Steve Frost and was based in Milton Keynes. IN 2002, the company filed for a community trade mark on the name Northwood.

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