Master Franchise Commercial Estate Agency

England, United Kingdom (Relocatable)

Master Franchise Commercial Estate Agency

Asking Price:$99,346

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Master Franchise Commercial Estate Agency

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Business Description

Master Franchise Commercial Estate Agency

Ref. BFS0115
Location England,United Kingdom
Asking Price £75,000
Premises Relocatable

About the Company

• Under the Shortshare model, letting fees are payable by the tenant not the landlord.

• Once landlords are aware that there will be no fee payable on letting, the concept should spread. Using the Shortshare ‘tenant pays fees’ concept all of the premises currently marketed by commercial agents can be offered by Shortshare.

• Market entry is through tenant sharing. •

This proposition increases the appeal to tenants who may be testing new business ideas, or currently operating only online businesses, or wanting a short-term opportunity.

• The business concept is aimed at residential estate agents who are currently suffering reduced transaction volumes and who also have good knowledge of local high street businesses and distressed retail tenants who present subletting opportunities.

• We have called this concept Shortshare and the idea is visible at www.shortshare.co.uk • The concept was set up as a franchise and the first franchisee was appointed in London in 2014.

The London franchisee is aware of the reason for sale (see below) and has been understanding

Detailed Information

Employees:
2 owner/director
Facilities:
Master Franchise can be based in any location Franchisees based in England.
Competition:
No known competitors with same approach to addressing this market.
Growth & Expansion:
Franchisees can be appointed in any UK town or City suburb with reasonable high street footfall.
Support & Training:
Full legal documentation including licences to let, franchisee agreement, franchisee operations manual have been prepared. The intellectual property is a registered trademark for this unique operation.
Reason for Selling:
Due to health issues of one director.
Business Website:
http://www.shortshare.co.uk

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Sarah Wood

Business Listed By:
Sarah Wood

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