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ROOMS® - Property & Lettings Management Franchise

A growing franchise in a growing market with more than enough room for budding property entrepreneurs!

Territory Information

Location:
Cambridge
Franchise Fee:
£18,500
Profile

ROOMS® FOR GROWTH

ROOMS® are offering you the opportunity to join our franchise and become part of our fast-growing network in property & lettings management!

We want ambitious individuals who value the opportunity to come into a business where the only limit is their drive.

ROOMS® is an established brand with a decade of experience behind our refined business model, meaning you will start, develop and run your own business that stands out in a crowded market.

MILESTONES

The ROOMS® franchise is proud to have crossed several significant milestones, including:

  • 25% growth in new franchisees in 2023
  • Hundreds of ROOMS® now under management
  • Newly updated website launched
  • Celebrating over ten years in business
  • 100% of available occupancy.

Join us today as we continue to spread our wings at the start of our second decade!

WHAT DO WE DO?

ROOMS® specialises in providing long- and short-term quality furnished facilities for the professional looking for hassle-free accommodation through establishing long-term contractual relationships with HMO (Homes of Multiple Occupancy) providers and renters.

Our in-depth knowledge of the market, combined with access to our network of successful business owners, provides unique support and a proving ground for any new franchisee.

The sector is experiencing increasing demand, enabling professionals across the business community to establish themselves in new areas in the knowledge they have quality, fully furnished accommodation.

STARTING UP LIKE A PRO

We want you to have everything we can offer to make your business start as smoothly as possible and enjoy the same incredible success as our other franchisees:

  • Support and guidance in the development of your robust, realistic business plan
  • Fully established, newly refreshed website
  • Full suite of marketing materials
  • Extensive access to all requisite legal documentation
  • Day one training through a residential course
  • Ongoing coaching and access to industry specialists
  • Access to your fellow Franchisees to ensure the sharing of ideas, experiences – the good and the bad – and best practices.

SUPPORTING YOU FROM START TO FINISH

As a ROOMS® franchisee, you’ll benefit from our support package, enabling you to take advantage of a thriving marketplace whilst minimising the risk of starting a new business.

What we offer includes:

  • Marketing: All marketing materials and effective strategies are on the shelf and ready to go, fully branded, so there’s no need for you to develop them yourself
  • Legal: We have a full suite of bespoke and perfected legal documentation, securing your position in commercially savvy, low-risk agreements
  • Experience: Established in 2013, we have a wealth of experience to share with you, from initial training to ongoing support. There’s no need to pay for costly external courses, ongoing support, or ad hoc advise
  • Financial Control: We offer you a proven suite of financial tools to help you run your business
  • Email: We will set you up with a ROOMS® email along with all other supporting IT requirements through our share point site
  • Support Network: Why work alone and repeat the mistakes of others? You don’t need to take these risks because we have a community of franchise holders with whom you can share ideas and establish best practices.

FRANCHISEE REQUIREMENTS

Running a ROOMS® business is about setting and maintaining good standards in managing house shares. It’s very much a ‘people business’ in terms of managing tenants and coordinating with contractors. While that can sometimes be where the challenges come, by and large, it manifests as good fun and satisfying teamwork.

While a new Franchise Partner does not need experience in running their own business or in managing property, what we always look for is a love of property and a personal commitment to supplying a valuable and good standard of accommodation, combined with a willingness to work hard, and get things done (we never run out of things to do!)

WHAT DOES THE ROLE OF A ROOMS® FRANCHISEE LOOK LIKE?

At ROOMS®, we enjoy the challenge and excitement of working days that are rich and varied. There’s never a chance for boredom to creep in, and there is always the opportunity to learn new things about:

  • The systems and products in a furnished property
  • Managing contractors and tenants to get the best outcomes
  • Compliance or financial changes within the property sector.

A typical day for a ROOMS® franchisee starts with a team meeting to touch base with everyone, then spending an hour or so marketing to your landlord database and prospect landlords.

Then, some time would be spent getting operations/maintenance issues sorted out, usually interspersed with various contractor and tenant enquiries and walk-ins. Depending on how busy it has been, a good day will end with catching up on paperwork and writing the to-do list for the next day.

TESTIMONIALS

“Tremendous support… giving me a lot of guidance... more confident going with a franchise as you have a brand behind you… other franchisees to tap into.”

- Steve Morrall – ROOMS® Coventry

FRANCHISE IMAGE

“Good to have a proven business model in front of you… Spent a lot of time doing market research with me and showing what the values were… Business model is really good… help provide a five-year business plan… very supportive, talked daily for first three months… there is a marketing strategy that [ROOMS®] provided us with.”

- Sophie Foote – ROOMS® Southampton

 


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