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Nicholas Humphreys Estate Agent

IN BRIEF

Description: Nicholas Humphreys Specialist Student and Professional Letting has a unique proposition bringing a new lucrative style into the “traditional” property market. Five franchises for the price of one ensures higher earnings. Opportunities: In the UK. Business Type: Franchise. Minimum Investment: £18,500. Training Provided: Yes. Home-based: Yes. BFA Full Member: Yes.

PROSPECTUS

PDF Prospectus Fill in and submit the form below to receive a copy of the Nicholas Humphreys Estate Agent prospectus.

FRANCHISE ASSOCIATIONS

BFA Full Member

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Join the UK's Number 1 Specialist
Student Letting Franchise
 

BFA Full Member LogoA Nicholas Humphreys franchise includes five franchises for the price of one; specialist student lettings, professional lettings, property management and investment & residential sales. We are a dynamic and reputable company that differs from the current traditional letting agents by bringing a new style and fresh approach to fully explore the lucrative student letting business.

The brand is unique, innovative and vibrant having fully explored and develop the Specialist Student Lettings aspect of a lettings franchise, which achieves on average 2.5 times the income than that of typical Professional lettings.

We provide the complete start up package for your franchise including a bespoke four week training program. The initial fee also includes an unrivalled in-field launch and support via our dedicated team of industry professionals for an additional eight week period, all of whom are proven in launching new businesses, allowing you to work alongside the very best in the sector, giving you the best possible start to the launch of your business. 

Franchising.pngFranchising with us

  • Comprehensive market research - Including expected earning potential and territory boundaries that are mutually definable.
  • No need for a shop front - We are proven at launching successful lucrative in-field franchise businesses, keeping running costs to a minimum.
  • Unrivalled pre-launch and launch support – 12 week period helping business generate. Our support continues on a month by month basis outside of your launch period.
  • Paid weekly - Our accounts team will pay you and your landlords weekly, ensuring that your cash flow is a priority and you are not bogged down with paperwork.
  • 1-1 Training - Please ask to see our training guide including branch based implementation and mentoring support.

How are we different?

Nicholas Humphreys ask for an initial franchise fee of £18,500 + VAT and this covers the following:

  • Different.png£1,450 equipment
  • £2,300 stationery and marketing
  • £950 IT, accounts and telephone set up
  • £1,980 membership and insurance
  • £1,900 pre-launch set up
  • £4,520 training
  • £7,400 launch costs
  • £2,000 launch travel and accommodation

All of the initial franchise fee is invested back into your business, there is no profit for Nicholas Humphreys as a franchisor. We invest all of the initial franchise fee into the pre-launch and launch of your franchise. This means we have to ensure that you have a successful and profitable business from the initial launch period through to your life with us as a franchisee.

Nicholas Humphreys have developed a bespoke Specialist Student Lettings brand and franchise proposition which differentiates us from other letting agents. Student Lettings can provide up to 2.5 times the fee income when compared to a typical Professional Letting Agency. Student properties are let in advance of the next academic year, creating a secured cash flow for your business allowing you to plan cash flow and future investment and recruitment.

Student Letting franchises have the advantage of being both very lucrative and quicker and easier to launch. 

Map.pngWhat territories are available?

Nicholas Humphreys have been in business for over fifteen years currently operating in seventeen locations across:

  • County Durham
  • Derbyshire
  • Leeds
  • Leicestershire
  • Manchester
  • Norfolk
  • Nottinghamshire
  • Staffordshire
  • Tyne and Wear
  • Warwickshire
  • West Midlands

We have identified many territories for growth in the UK, with fantastic student letting potential and offering both professional letting and residential sales.

We have dedicated time and effort to guarantee that our market research packs are a detailed and comprehensive way of ensuring that a particular territory contains enough potential to be a lucrative and successful business with room for progression. 

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Training and support

The four-week training programme is workshop, branch and field-based, being designed to appeal to all learning styles and delivered by company trainers and operational experts.

In addition Nicholas Humphreys will provide you with a fully trained member of the franchise team proven in launching successful franchises, for an eight week launch period and for ongoing mentoring support.

They will guide you through the process, with a minimum of 20 days in-field support over an 8 week period, with additional remote support as required. Further information regarding our invaluable training and support is available on request including a training plan. 

What you get for your franchise fee

A Nicholas Humphreys franchise is a turn-key franchise which incorporates everything you need to launch your business for a fee of £18,500 plus VAT, including a minimum personal investment of £9,000 to cover the first 6 months costs. This will allow the franchisee to be focused upon the business and the business generating activities.

This said, all of our franchisees have started earning an income from the second month after launch, our most recent launches in Newcastle, Durham and Solihull have all earned their first income within their first month of launching.

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There is more information and further detail on what is included in our Pre-Launch Briefing Pack which is available via email.

Up to 70% borrowing is usually available through leading banks as franchising is viewed as a low risk investment, with arrangements being tailored to individual’s needs. Finance through  Nicholas Humphreys is also available.

Car2.jpgYour next steps!

  1. Please fill out the form below and we will send the details across.
  2. Speak to our existing Franchisees!
  3. Meet us for an Open Day.

Our Open Days are flexible and can be tailored to suit an individual’s requirements. A typical day includes:

  • Meeting an existing franchisee to share their experiences
  • An introduction to the Franchise Team to discuss the proposition further
  • A question and answer session 

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