No Letting Go, the UK’s first and longest established inventory management franchise is reporting a buoyant start to 2011, as two new franchisees commence their training in January, prior to joining the 22 strong network of franchised offices. With the business bucking the trend for economic doom and gloom in 2010, 2011 is poised to be No Letting Go’s best trading year yet since the company’s inception in 2007. Last year, the group had trebled its turnover by October with one office hitting a record turnover of £10K in one month. In addition to expanding the regional spread of No Letting Go offices, 2010 also witnessed the first franchise resale (at a profit) which underpins the ongoing potential and genuine investment value of a No Letting Go business.

 

No Letting Go aims to maintain the current growth with a focus on developing franchise territories in Birmingham, Nottingham, North Home Counties, Oxfordshire, Liverpool, Manchester, Glasgow, Guildford and possibly Cardiff. The company also intends to extend its presence in London via the opening of further territories in the capital, which boasts a sizeable (and growing) residential lettings market.

 

Commenting on the company’s successful start to 2011 managing director Nick Lyons comments “As our network expands more agents / landlords are experiencing the exemplary service delivered by our franchisees. From day one, No Letting Go has always been committed to establishing a national brand which enjoys an unsurpassed reputation for quality, consistency and reliability, with our superior inventory management service delivered via a network of local, accountable regional offices. The business remains at the forefront of training excellence and continues to set new standards within its industry sector. Our franchisees are attracted by the potential to run a lucrative and turn key business, with minimum overheads but maximum earning potential – especially in the current economic climate. Our aim for 2011 is to extend the appeal of the No Letting Go franchise opportunity by focusing on the development of more contract work which provides franchisees with access to instant business revenue once they commence trading”.

 

For more information on No Letting Go, visit them at the MK M1 Franchise Show, Milton Keynes (Saturday 22nd January), The Franchise Show, 18-19 February, Excel London on stand 216 or the ARLA (Association of Residential Letting Agents) show, 1 March, Hammersmith, London.