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RE/MAX Estate Agency Franchise For Sale

Franchise Name: RE/MAX Signature

 Location: Lymington, Hampshire, within the New Forest

 Asking price: £9,995           Years established: 2            Employees: 0

 Terms: This is franchise is being sold as a start-up business

 The purchase price includes:
• Training and on-going support by the master franchisor
• Ten hours of consultancy by the current owners
• Marketing materials
• An optimized website
• Office furniture
• An office premises with a flexible lease term in an excellent location in Lymington

 Furniture / Fixtures value: £2,000

Franchise Contract

Duration: 22 September 2005 - 25 September 2010

Territory: Postcodes SO41, SO42, SO43, BH25
This roughly includes, Lyndhurst, Brockenhurst, Sway, Boldre, Beaulieu, Lymington, Milford-on-Sea, Barton-on-Sea, New Milton
This business can be relocated within the territory
 

Business Description

This is an exceptional opportunity to purchase a globally branded Remax franchise estate agency start-up at a very low entry cost. Remax franchise purchase fees are advertised at around £25,000 + VAT.

This is a perfect start-up business for estate agent who is looking to develop their own business or a professional looking to switch careers and run their own property business, in a very desirable location in the New Forest without a large cash investment.

The Lymington area is an optimal area for a business, offering quality of life, as well as a thriving house market.

There is potential for multiple revenue streams including: residential home sales, commercial property, lettings, and overseas property.

The advantage of Remax is you list locally, and through the Remax network, sell globally.

The current owners were focused exclusively on overseas property sales and therefore have not developed any local residential business.

However, the current owners are happy to pass along the contacts, contracts, marketing materials etc., from the overseas developers they had relationships with.

The New Forest Market

• When compared against a national average compound annual growth rate (CAGR) over the last 5 years of 12.5%, the growth in some areas of the New Forest has been 15.1%.

• The New Forest has a dynamic local economy and housing market.

• Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth.

• Average property prices in some areas of the New Forest over the last three months have been approximately £458,961.

• In some areas of the New Forest the average price of a two bed property in this area is higher than the national average of £187,894 at £293,139.

See attached general New Forest postcode property sales information

Expansion potential: There is significant opportunity to expand within the New Forest and surrounding areas.  

Competition / Market: The competition consists of typical high street estate agents

Overseas Property Market

Through Remax, this business has access to the largest property portfolio in the world.

Property information

Property: Leasehold

Lease terms: This business can include a new modern office suite with a flexible lease term.
The office also has reasonable business rates which can advantageous to business bottom line.

Location: The office is located in the very desirable location of the quayside town of Lymington in the New Forest.
The office is handicap accessible, is within 200 yards of the high street and adjacent to public parking.

 There is continuous foot traffic throughout the weekdays and weekend. It is located next to a mortgage broker.

Support & Training:

  • New Franchise Owners attend an initial training which covers every detail of operating a RE/MAX franchise. Content ranges from creating the right office environment to building and managing successful teams.
  • Additional courses are offered throughout the year focusing on specific topics including IT, Marketing and Recruiting and Retention Techniques. Courses are run on a regular basis in venues across the UK.
  • Further advice and support on a number of different subjects ranging from recruiting to administration, e-marketing and referrals is available to all offices via The RE/MAX University which offer Training-On-Demand via “Mainstreet” our Propriety Intranet system.
  • Traditional classroom sessions in the RE/MAX Global Education Centre in Denver or video sessions via RSN - RE/MAX Satellite Network which beams 60 hours or programming each month via satellite to subscribing offices are also made available to offices world-wide.
  • The current owner will be available for ten hours of consultancy, based on the needs of the buyer.

Reason for Selling:

The current owners have a multitude of business interests within the UK and internationally. Due to travel demands they cannot dedicate the time required to develop this business.

For More information Contact:

 Dave Briggs

020 8123 3009

dbriggs@remax-sig.co.uk