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No Letting Go Franchise

No Letting Go is a letting agent franchise brand offering professionalism and high quality services within the property industry.

No Letting Go Franchise

Company History

Founded in 2006, No Letting Go is a letting agent franchise brand that has expanded to become a successful enterprise. Nick Lyons, who remains managing director, has led the business into a network of franchises which offer professionalism and high quality services within the property industry.

This property and letting agent business provides reports and inventory information to related companies in the rental market for 11 years! No Letting Go works on a business model that has been tried and tested, meaning that each franchise can now become robust enough to generate an income of £50,00 upwards to around £150,000 per annum.

No Letting Go has a national reputation which ensures the quality of property reports that the business generates. As well as this, the business boasts outstanding customer service which has benefited the companies growth over the years. This has led to a continuously increasing number of accounts.

FACT FIND

Franchise Fee : £18,950

Minimum investment : £8,000

Total investment.:  £25,000

Inital Training:   Ongoing

Year Established:  2006

Investment Cost

An initial franchise fee of £18,950 is required as a preliminary investment to your No Letting Go franchise, in addition to this, a further £2,000-£8,000 personal investment is required to ensure your business can run optimally.

Why No Lettings Go?

In the UK, there are more than 1.9 millions landlords nationwide, owning a combined 5 million properties, completing average tenancy lengths of 16.5 months. With an average spend on No Letting Go of £236 per tenancy, this means that nationwide the inventory market could be worth more than £700 million per year.

Initial Training Period

When you make the decision to own your very own No Letting Go franchise, you will undergo an extensive training program at the No Letting Go Academy. The training you will receive will support your initial venture and continue into your businesses maturity.

no letting go agency

Why No Letting Go?

In the UK, there are more than 1.9 millions landlords nationwide, owning a combined 5 million properties, completing average tenancy lengths of 16.5 months. With an average spend on No Letting Go of £236 per tenancy, this means that nationwide the inventory market could be worth more than £700 million per year.

With a large proportion of households new to the private rental market, this sector has more than doubled over the last 10 years. In addition to this, the rate of growth is expected to continue meaning almost 1 in 4 households will be rentals by 2021.

Rapid market growth is not the only reason why a No Letting Go franchise is a great opportunity. If you’re looking to start a new business, considering an established franchise brand in a well founded sector could be your best option. But, what benefits should you expect when investing in a No Letting Go Franchise?

This business has:

 

  • Tried and tested business model, so much so that a large majority of franchisees renew their contract after 5 years.
  • Established in the market and being founded more than 10 years ago means No
  • Letting Go are leaders in their market.
  • Maximum potential to earn, since No Letting Go’s business model is based on repeat customers, the potential to earn is endless.
  • Costs are minimal, as most franchisees can work from home.
  • No industry specific experience is required, as full support and training is provided.
  • Full sales and marketing training and support is also provided.
  • Management suite and up to date technologies provided for efficiency.
  • National accounts and clients provided and available at your fingertips.

Business Visibility 

No Letting Go is an award winning franchise in the rental property market which provides supporting services to this sector such as inventory management. This service is crucial in the letting market of residential properties. Clients of this service include property managers, letting agents, landlords, property experts and relocation agents.

No Letting Go was founded in 2006 and expanded into the franchise industry shortly after by lettings pioneer Nick Lyons. Currently, the business has 65 UK units and operates exclusively in the UK.

Training 

When you make the decision to own your very own No Letting Go franchise, you will undergo an extensive training program at the No Letting Go Academy. The training you will receive will support your initial venture and continue into your businesses maturity. Training aspects range from marketing to leadership.

All the required planning tools, business processes and software is provided in order for you to run your successful inventory management business. From this you will be able to work as a wider network of contract negotiators within this industry.

Following the initial ‘teaching’ period, you would then receive training on a 1-to-1 basis. This ensures that you will receive sufficient training in each aspect of your new business venture, from generating reports to recruiting clerks, your training will cover it all.

Investment Cost 

An initial franchise fee of £18,950 is required as a preliminary investment to your No Letting Go franchise, in addition to this, a further £2,000-£8,000 personal investment is required to ensure your business can run optimally. This means that your total investment will be between £20,000 to £25,000 in order for it to be operational.

No Letting go understands that not all investors will have the amount of money to hand, that’s why finance options are available, subject to status. You will then enter into an initial contract to guarantee your commitment to the business.

No Letting Go Awards 

Throughout it’s 14 year history, No Letting Go has received an unprecedented amount of awards to accredit their achievements both as a business and as a franchise. Some of the most notable of which are:

  • Associate, British Franchise Association (bfa), (2007)
  • Best Inventory Supplier (2009)
  • Sunday Times Awards, Supplier of the Year (2016 & 2018)
  • Natwest EWIF (encouraging women in franchising) Awards, sustained business volume and customer service, (2017 – runner up)
  • The Negotiator, Agent Supplier of The Year (2020 – shortlisted)

Letting Agent Franchise Opportunity 

After reading through the facts, figures and finances of No Letting Go, some readers will automatically know whether this opportunity is suited to them. But for some, a little more information of the benefits of this business venture is needed.

So, why exactly should you choose No Letting Go?
With a history of extremely successful franchise branches, more than 80% of which regularly renew their contracts at no extra cost. Because of this, these professionals continue to grow and build their successful business. Being a both established and growing industry, this sector has strong potential now and in the future.

Being recognised as a lettings industry leader, this inventory provider is the leading of its kind nationwide. In addition to this major benefit of brand awareness, this business opportunity also ticks the following boxes:

 

  • Minimal working capital required
  • Holds the potential for large profit
  • Your return on investment is speedy compared to other similar franchise opportunities
  • Your business has the room and market to expand
  • Leading industry training is provided
  • Ongoing franchise support programme is provided

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