Most residential lettings businesses have a serious downside: as the number of managed properties increases, so does the tedious burden of administration. A Surelet franchise offers a unique answer to this dilemma. Ken Young reports
Surelet has developed an exciting management opportunity for people who enjoy working with the general public and are keen to invest in a business from which they can derive attractive profit margins.
With property prices still at unbelievably high levels, many people have decided to rent their homes. As a result, the residential lettings business has never been more attractive and this is a really good time to consider purchasing a property-based franchise.
Based on his many years of experience in the property sector Surelet Managing Director Colin Poole has created a unique franchise formula which centralises the administration and allows franchisees to concentrate on what they do best - growing their own business. The key to this revolutionary approach is the Gloucester-based Surelet Management Centre, which handles all property and tenant administration on behalf of the franchisees. The centre prepares legal documentation, obtains references on tenants, arranges safety checks, handles rent collection, chases non-payments and arranges any necessary repairs and maintenance, so franchisees don't have to get bogged down with any of these necessary but time consuming procedures.
Since launching the franchise only two years ago, the network has already grown to 13 outlets. Says Manawar Iqbal, owner of the Burton franchise: 'The Surelet franchise package is outstanding and the management team has provided me with constant support - from the initial launch right through to the present.' Actions speak louder than words and Manawar is so pleased with the success of his business that he has now acquired a second Surelet franchise in nearby Derby.
Surelet's comprehensive franchise package includes full training for two people, a highly effective launch promotion, an initial supply of marketing materials and stationery plus inclusion on the Surelet website, all covered by an initial investment of £19,950 plus VAT.
The Surelet management team also provides expert help and advice to assist franchisees in locating well-positioned premises. To apply for a Surelet franchise you do not need any previous experience of the property business, but people already working in the property sector are welcome. Above all, Surelet requires franchisees that are honest, hard-working and generally people who prefer sales-oriented activities to carrying out routine administration.