17:00 Wed 15 Jun 2016
Belvoir Lettings PLC - Belvoir brand wins Lettings Franchise of the Year
For Immediate Release
(the "Group" or "Belvoir")
Belvoir brand wins Lettings Franchise of the Year award
Over the past year the Group has embarked on a multi-brand strategy, acquiring midlands based franchises Newton Fallowell and Goodchilds in 2015, and more recently in
The judging of the Lettings Agent of the Year Awards is chaired by The Property Ombudsman and has the backing of ARLA and NFOPP. Judges include highly experienced property professionals such as leading agents together with other industry experts and specialists.
The judges commented:
"Belvoir is a specialist lettings business which takes a progressive view when recruiting its franchisees as 95% of them don't have a background specific to the industry. From the outset, franchisees can be confident in the package of services they will receive from Head Office. The dedicated support team provides training, guidance and expertise - the initial induction is very thorough after which they are assigned a dedicated business development expert to help them navigate the first crucial months. This stringent approach has huge benefits as franchise owners can expect to build profitable long-term businesses: one owner sold his business for
Mike Goddard, Chairman and CEO commented:
"The past year has been one of considerable change for the Group and I am delighted that the Belvoir brand has won this award for another year running. We continue to focus on developing all of our brands, delivering exceptional customer care and helping our franchisees flourish, and we intend to leverage our expertise as a franchisor across the Group."
For further details:
Mike Goddard, Executive Chairman and CEO Louise George, Chief Financial Officer
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01476 584900 investorrelations@belvoirlettings.com
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Cantor Fitzgerald Europe Rick Thompson, Phil Davies, Will Goode, Michael Reynolds Corporate Finance |
0207 894 7000
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Buchanan Charles Ryland, Victoria Watkins, Madeleine Seacombe |
0207 466 5000 |
Note to Editors:
About
Founded in 1995, Belvoir is the UK's largest property franchise group, with 301 outlets nationwide.
Since listing on AIM in
Belvoir's core revenue is derived from Management Service Fees (MSF); a reliable recurring revenue model which allows the Group to offer franchisees significant support and advice.
In 2015 Belvoir launched its multi-brand franchising strategy; acquiring
Belvoir continues to grow organically by delivering award winning service, prioritising franchisee recruitment and supporting franchisee acquisitions. In recognition, Belvoir was awarded the "Best Lettings Agency Franchise Award" at the 2016
The Company remains committed to diversifying its brand portfolio, utilising The Group's strong franchising expertise and infrastructure, in order to capitalise on a consolidating market.
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