So you want to know the initial costs, your potential returns and ongoing investment. Get all you need to know here.
Show me the Money
Investment property is one of the most profitable sectors in the world and that is no different in the UK. At Sourced we train our franchisees on all of the below strategies and build a development plan to help you achieve your financial goal. We’ve listed the average fees we’ve achieved as a business to give you an indication of the income you could generate:
Rent to Rent/Serviced Accommodation
Starting a Property Business Alone
Set up costs
Starting up a business can be costly. Not only would you have to create a brand, website and subscribe to new software etc. you may also need staff, office space and consultants. This is a huge cost for something which could be a little risky. With a Sourced Franchise this has already been done for you, meaning the risk of the success of your business is greatly increased.
There are ongoing monthly costs that can build up when you start your own business such as; software costs, portal uploads , admin / calls, ongoing website and SEO costs, marketing costs for email and social media campaign management , with a Sourced Franchise you don’t have to worry about these spiraling out of control as you only need to pay the management fee each month, yet you get the benefit of all of these services.
The initial franchisee fee is £12,500 + VAT. Sourced has created a business model with minimal set up and operation costs to ensure you maximise profits. Head office’s admin support helps you focus on growing your business.
These costs cover a range of things including; software cost (CRM), property portal uploads , admin / calls (phone reception), website costs (SEO to your web page), marketing costs (email and social media campaign management), support (from Directors).
Mentoring fee (optional)
If you’re new to property and want to benefit from more personal support and visits to your area, you’ll have the option to embark on a one-2-one mentoring programme with our Training and Development Director.
Find out about our progress and how we’re disrupting the industry
Need to Raise Funding for Property Projects?
We’ve got the platform that can do just that...
Sourced offer project finance for your property projects, including development finance and refurbishment finance. We will review your projects and can develop a customised funding proposal based on the specific needs of a project.
As we’ve been there and done it, we know that speed is important to securing good deals. We will work with you to accomplish your property goals.
Find out more about the Sourced business model and how it works