Franchise Success with Bairstow Eves Countrywide
Bairstow Eves Countrywide is one of the leading names in the UK residential property sales and lettings market, with more than 250 branches operating across the country. Tiffany Brooking spoke to four of Bairstow Eves' leading franchise owners to discover the key to their success.
Craig Anderson Launches in Hayes
Bairstow Eves franchise owner Craig Anderson is looking to the future with great confidence after seeing turnover at his Hayes, Middlesex business almost tripling in its first year of operation. Opening in 2009, Craig's business immediately made an impact on the local property market, and he's delighted with the progress made.
"We had a very successful first year, with turnover reaching almost £330,000," he says. "That's especially impressive given the recent general recession. We're competing with about 20 other estate agents in this area and there's no doubt that the Bairstow Eves' brand contributed significantly to our success. The best thing about being a franchise owner is that it puts you in total control of your business."
Craig has plans to develop his business further by opening his second Bairstow Eves franchise branch by the spring of 2011.
£1 million turnover target for Yorkshire duo
In 2008 business partners and cousins Ian Preston and James Baker launched their first Bairstow Eves estate and letting agency in York. With the maiden branch successfully established, the pair are planning to expand their business further still.
"We have secured franchise licences to open a further three new branches and we are planning to open one new office per year over the next three to four years," says Ian.
Last December Ian and James expanded their business by opening a second office in Selby, south of York. In 2010 the offices passed their milestone target of £500,000 combined turnover within the first 10 months of their trading year. Ian and James are now focused on their next major milestone - £1 million turnover.
"I have achieved a much better work/life balance since launching the business and I am able to spend more time with my wife and three young children as I no longer work late into the evenings or weekends," Ian says.
Full Support from Bairstow Eves Franchising
Rachel Foster began looking for a franchised agency business because she knew that although she wanted to own her an estate agents and she also wanted to be part of a large national estate agency brand.
"After looking into various estate agent franchises I chose Bairstow Eves because the brand name is recognised throughout the UK. In addition, Bairstow Eves Franchising came across as a very professional company and the support they offered was second to none."
Rachel launched her Huddersfield-based Bairstow Eves business at the start of 2005. "From the start, I received fantastic support from the franchisor," she reveals. "The head office team helped me with the whole process of launching my business."
For Rachel, one of the main benefits of owning a Bairstow Eves franchise is its 'one-stop shop approach' for people looking to buy, sell, let or rent a property.
"The lettings aspect of the industry is continually growing from strength to strength and this should really help my business grow and flourish further in the future." Rachel comments.
East & West London Growth for Sam
Since launching his Bairstow Eves franchise in Stoke Newington, four years ago, qualified lawyer Sam Sharif has been enjoying the substantial rewards of running his own Bairstow Eves franchised business.
"The business has gone from a cold start to an annualised turnover in excess of £460,000 which has far exceeded my best expectations," he says.
Last year Sam expanded his business by developing a second Bairstow Eves branch in West Hampstead, London. He has found that the support offered and recognition of the Bairstow Eves brand has been one of the main benefits of owning a Bairstow Eves franchised business.
"Despite the recent economic conditions, by using the Bairstow Eves brand and systems I have been able to drive my business forward and consistently take additional market share in both my markets," he adds.