Financials

As a Redstones franchisee, the level of profit you can earn will depend on a variety of factors, such as how efficiently you run your business and the amount of time you spend marketing your services. Earnings can also be influenced by local factors such as average rental values in your area and the number of nearby competitors.

The figures below offer an approximate illustration of the income you can expect to generate from a variety of different sources. These figures are based on Redstones'current knowledge and experience in Walsall. Actual returns may be higher or lower depending on local market conditions.


 

Average Returns:

for each

annual contract renewal

£100+
£620
for each property you let.

Franchisees are targeted

with 600 properties on their books by the fifth year of trading
£35+
for each

annual gas certificate

on each property
£50+
for each

check-out

£30+
for each

EPC

on a property

Don't forget that you are also building a valuable asset to sell at a later stage.


My wife and I have always harboured the desire to run an efficient, client focussed property management business and for us Redstones ticks all the boxes and much more. We spent over 15 months speaking to various organisations and Franchisors within this field and engaged in many meetings however no-one offered what Redstones could in terms of meeting our aspirations to be a client led Letting and Management business. Redstones left no stone unturned in responding to our various questions relating to marketing, brand awareness and future developments. Manjit and his team are so thorough they 'stood out from the crowd' – by some way !

Saying this 'people buy from people' and we bought into the Redstones way because of their enthusiasm, vision and desire to be the UK's premier Letting & Management agency. In the end it was a straight forward decision especially with their competitive package – you really don't need a high street premise.

Mr and Mrs Gidda - Redstones, Wolverhampton
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