No Letting Go provides services to the lettings industry with the preparation of detailed property reports at the start and end of a tenancy. These reports are vital in protecting rental properties and are used to determine tenant deposit returns.
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Our franchisees come from a variety of backgrounds and experience, but they share the same attributes – they all love customer service, and have a determination to build their own business. This is a low overhead franchise as it does not require premises, machinery or stock – meaning you can start to earn an income much quicker.
The lettings industry continues to be a growth market, despite other factors impacting the wider economy. So, we are looking for the right partners who share our passion for property, understand excellent customer service and enjoy building excellent customer relations.
What we do
No Letting Go is the leading inventory management company serving letting agents, property managers and landlords providing detailed inventory and condition reports on rental properties. The company was founded in 2006, and we have been franchising since 2007. As well as inventories we provide check in, check out and mid term property checks along with a host of other services.
All of our property reporting is conducted on our own property software, Kaptur Inventory Pro. The software has been designed to enable the user to produce quick and concise reports in an easy to use format that is simple to follow:
Our No Letting Go Training Academy provides an ongoing training programme covering all types of report, conducting inventories, using our Kaptur software and, very importantly, sales and marketing.
Training is ongoing and we will assist you at all stages in your business growth including recruiting freelance clerks to work for you as the volume increases, advising on business development strategies, business management issues and expansion plans.
We continue to invest in our technology to maintain our position as the market leader and provide you the edge over local competition. Our national coverage enables us to attract and service national accounts which can provide some new franchisees with a base of initial work to help them launch their business.
What does the franchise package provide?
We also provide you with our Formula For Success, which is a blueprint for running a successful inventory franchise, together with an extensive marketing toolkit to enable you to build your business locally. This is backed up with continuing support from the Head Office Team.
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Finances
- The initial franchise fee is £17,950 plus VAT
- As most franchisees work from home set up costs are minimal, allow £2,000 to £3,000
- Working capital of another £2,000 to £3,000 is advised
- Total investment to be operational is, therefore between £20,000 and £25,000
This covers the licence fee, all set up and training including an allowance for legal and professional costs, travel and accommodation during training and all required equipment.
We will help you to create your business plan and will assist and advise on obtaining funding if required.
Most franchisees recoup their initial investment in the first 6 to 12 months and go on to build successful and profitable businesses, becoming the prime inventory provider in their area.
As with all businesses you will get a return that is proportionate to the effort and commitment you put in. Our most successful franchisees enjoy what they do and work hard at their businesses.
Location
This is a home based business, with our Head Office based in Swanley Kent. We have over 80 franchisees with scope for at least another 40 as we are looking to continually grow our franchisee network nationwide.
Territories are available in most parts of the country and, occasionally, resales of established No Letting Go franchises become available.
Who are we looking for?
If you’re looking for a franchise where you can earn a high income, a quick return of your initial investment, with a very low-cost base, then No Letting Go could be just what you are searching for.
You do not need any industry experience, but you do need to love providing fantastic customer service, enjoy communicating with people and be hard working. So if you are driven by success, and will go the extra mile to help customers, then we would love to hear from you.
The No Letting Go business model is based on repeat business, so once you are providing a great service in your area, you will know how much monthly income to expect.