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Cardiff Based Property Auction Franchise For Established Property Professionals

Cardiff Town, Cardiff
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Cardiff Based Property Auction Franchise For Established Property Professionals
  • Asking Price: £14,995
  • Turnover: N/A £0 Per week
  • Net Profit: N/A

Business Details

Town & Country Property Auctions have developed a successful business model that will appeal to property professionals or high achieving individuals looking to start a profitable business.

We are an established Franchise on a national level looking to expand further through a network of new strategic partnerships. We will provide you with all the support you require to enable you to prosper within your chosen territory.

You will receive full initial training and support from day one which is ongoing through our Franchise team.

The majority of our franchises are Independent full time estate/lettings agents or property professionals who buy into the Town and Country Property Auctions brand to offer regional auction activities.

Lot generation is key to the success and therefore starting and running an auction without channels to deliver lots making success challenging and indeed can only be countered by increasing start-up investment to power high profile marketing.

Town and Country Property Auctions actively encourage its franchisees to build what we term as Partner Agent networks; these partners are other independent estate agents who collaborate by referring into the regional auction and receive half the sales fee if the property lot is successfully sold. Some of our licensees now have 30% of their auction lots delivered via their Partner Agent networks.

In terms of resource as a minimum you need two listers/ valuers and one administrator.

All franchisees are responsible for local marketing so necessary budgeting around this will need to be considered.

The optimum number of in-room auctions per annum is six.

Average income per sale is circa £3,600 and generally a licensee would need to sell six units per auction to break even and good profitability should be achieved at ten plus.

ALL AREAS ARE EXCLUSIVE AND ONES CURRENTLY AVAILABLE ARE:

WEST COUNTRY                                                

GREATER MANCHESTER                                     

LIVERPOOL                                                       

SOUTH WALES

NEWCASTLE

YORKSHIRE

SOUTH EAST

EAST ANGLIA

NORTHERN IRELAND

LANCASHIRE

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Contact seller

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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