BF April 2010 Issue

108
Franchises from £20,000 to £50,000
Xperience
Investment level:
u
s
£20,000 plus running costs
Website:
i
s
e

f
o
c
www.lettings.uk.net
Email:
franchise@lettings.uk.net
Phone:
f
r
a
n
c
h
0845 337 0220
classification:
Residential lettings & property
Franchisee Paul Harding
Flying start
experience of the market,” says Michael.
“Our franchisees come from a range of
backgrounds and what is more important
Xperience’s latest lettings franchisee hits the
is the personal qualities they bring.”
In terms of training, Michael
ground running
explains:“The package of training and
support takes someone from a complete
X
PERIENCE IS the UK’s largest Xperience Managing Director Michael
“The training
novice through to being able to manage
estate agency franchisor, with Stoop says: “Our particular strengths are
takes
their own lettings business conﬁ dently in
more than 85 agency branches our back ofﬁ ce systems, which take much the space of a few weeks.”
across England and Wales. One of the of the administration headaches off of
someone
Xperience has its own dedicated
brands under the Xperience umbrella is our franchisee’s shoulders, as well as the
from a
training facilities offering regular and
Parkers. Paul Harding launched his Parkers proﬁ le and reputation of the brands our
complete
varied courses on a range of topics free
lettings franchise in Cirencester at the start franchisees trade under. to all franchisees and staff. It also has
of September last year and, only two weeks “One big advantage of the system
novice
highly experienced support staff across
after opening, had already made a trading is that franchisees don’t have to worry
through to
the company who are always available
proﬁ t that month. about handling client money and, landlords
being able to
for advice and to help develop the
“Thanks to the pre-launch work and tenants can rest assured that this is business further.
that Xperience did with me and all the handled by us in properly bonded and
manage their
Regular brand meetings are held for
training before that, the start has been secure accounts. There has recently been
own lettings
franchisees to raise any problems they
better than I could have hoped for,” some bad press where other lettings
business
may be encountering and to learn best
says Paul. agents have misappropriated client monies, practice across the group. A dedicated
“The branding is very strong and I which would clearly be a major brand
conﬁ dently.”
free helpline is available to specialised
have been able to attract landlords to my reputation issue for any company. Thanks industry lawyers for any matters that
business both from other competing agents to us being wholly owned by Legal & require legal advice.
and those that were advertising privately General, franchisees and clients can be Xperience would love to talk to
thanks to the levels of service I can offer. sure our client accounts are secure.” anyone who is interested in the lettings
“Xperience’s central system frees up Michael continues: “The brand name franchise model and are available to meet
my diary to concentrate on attracting traded under is clearly important to at one of Xperience’s head ofﬁ ces in
more new business, which has been a any prospective franchisee. It is instantly Reading or Leeds.
tremendous help and means I can get recognisable to their local areas having been Xperience has opportunities for new
on with what is important to me – in existence for up to 150 years. Although franchisees to link onto one of its four
attracting more business and generating the brand names differ, all our franchised strong regional brands. While its coverage
even more turnover. Xperience does branches are run under the same system is already extensive, there are some key
not charge any management fees in the and managed in the same way with all our areas that are ripe for further expansion
ﬁ rst year in order to help increase cash services available to each franchisee. and could be the ideal location for
ﬂ ow in the early stages, which is another “Our lettings-only franchise model is entrepreneurial individuals to operate a
great beneﬁ t to my business.” speciﬁ cally tailored for those who have no highly successful franchise. ■
April 2010 www.businessfranchise.com
Page 1 | Page 2 | Page 3 | Page 4 | Page 5 | Page 6 | Page 7 | Page 8 | Page 9 | Page 10 | Page 11 | Page 12 | Page 13 | Page 14 | Page 15 | Page 16 | Page 17 | Page 18 | Page 19 | Page 20 | Page 21 | Page 22 | Page 23 | Page 24 | Page 25 | Page 26 | Page 27 | Page 28 | Page 29 | Page 30 | Page 31 | Page 32 | Page 33 | Page 34 | Page 35 | Page 36 | Page 37 | Page 38 | Page 39 | Page 40 | Page 41 | Page 42 | Page 43 | Page 44 | Page 45 | Page 46 | Page 47 | Page 48 | Page 49 | Page 50 | Page 51 | Page 52 | Page 53 | Page 54 | Page 55 | Page 56 | Page 57 | Page 58 | Page 59 | Page 60 | Page 61 | Page 62 | Page 63 | Page 64 | Page 65 | Page 66 | Page 67 | Page 68 | Page 69 | Page 70 | Page 71 | Page 72 | Page 73 | Page 74 | Page 75 | Page 76 | Page 77 | Page 78 | Page 79 | Page 80 | Page 81 | Page 82 | Page 83 | Page 84 | Page 85 | Page 86 | Page 87 | Page 88 | Page 89 | Page 90 | Page 91 | Page 92 | Page 93 | Page 94 | Page 95 | Page 96 | Page 97 | Page 98 | Page 99 | Page 100 | Page 101 | Page 102 | Page 103 | Page 104 | Page 105 | Page 106 | Page 107 | Page 108 | Page 109 | Page 110 | Page 111 | Page 112 | Page 113 | Page 114 | Page 115 | Page 116 | Page 117 | Page 118 | Page 119 | Page 120 | Page 121 | Page 122 | Page 123 | Page 124 | Page 125 | Page 126 | Page 127 | Page 128 | Page 129 | Page 130 | Page 131 | Page 132 | Page 133 | Page 134 | Page 135 | Page 136 | Page 137 | Page 138 | Page 139 | Page 140 | Page 141 | Page 142 | Page 143 | Page 144 | Page 145 | Page 146 | Page 147 | Page 148 | Page 149 | Page 150 | Page 151 | Page 152 | Page 153 | Page 154 | Page 155 | Page 156 | Page 157 | Page 158 | Page 159 | Page 160 | Page 161 | Page 162 | Page 163 | Page 164 | Page 165 | Page 166