No Letting Go Inventory Management Ltd

  • Membership: Associate
  • Sector: Estate Agencies & Property Management
  • Contact: No Letting Go
  • Email: tonymundella@nolettinggo.co.uk
  • Tel: 02031264409
  • Location: 1 White Oak Square, London Road, Swanley, Kent, BR8 7AG

Company Overview

No Letting Go provides specialist inventory management services and property condition reports to the residential property rental market.

The business was established in 2006 by the owners and has grown to over £1 million network turnover. We provide a range of property reporting services, such as check-in, inventory, mid term inspection, legionella and other related services that allow franchisees to enhance their earning power.

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.

Franchise Overview

There are currently over 50 franchised offices across the UK providing good coverage across the country, scope remains for at least a further 70.

The short-term aims are to increase the volume of national account business through franchisor activity, coupled with increasing local franchisees’ sales through proactive support and continued training; medium-term, to increase the scope of services offered to enhance franchisees’ returns; and longer term, the business is being prepared for international expansion.

Key Information

  • Network Size: 50-60 units
  • Franchise Type: Management
  • Typical Start-up Cost: £15,950 plus VAT
  • Minimum Personal Investment: £7,500
  • Franchise Location: Home-based
  • Market: B2B

To understand exactly what is, and what is not, included in this financial information, click here (opens in a new window).

Training

Initial training, one month: Three days induction covering the basics, time spent working with you in your area on tasks assigned by us and marketing yourself locally, a further three days at head office culminating in a personal business development strategy for the next 6 months. Plus a full day on the software use and a day with an external sales trainer. Finally, in-house training leading to a professional qualification.

Daily Life of a Franchisee

The franchisee is responsible for marketing to and building relationships with clients in their area; these include letting agents, property management providers, landlords and property professionals. They will also be required to service the national contracts won by the franchisor. Initially most franchisees produce the reports themselves and quickly grow the business to a level which requires the recruitment and management of clerks to fulfil the day-to-day requirements.

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