franchisee has many benefits, such as the backing of a well-recognised and respected brand, being part of a family network and full back office support services. Being a franchisee can also be extremely rewarding both personally and financially, but it is a long-term commitment." />
child mortarboard gbp briefcase bath coffeecup tree twitter search crosshair fax house papers sort house-pound brochure list-items notes printer video-camera video virtual-video bath bed camera floorplan heart-empty heart-filled heart-empty-thin heart-filled-thin sofa calculator compass share clock list map-pen map-pin pencil save business-card letter phone heard people pointer cross linkedin google-plus facebook arrow-right close triangle-down my-wink my-wink-thick house-circle loading-spinner bell close-circle dog link pinterest school transport wardrobe arrow-up one two three four five six seven tick

If you’re in it for the long term, then Winkworth could be for you.

Joining Winkworth as a franchisee has many benefits, such as the backing of a well-recognised and respected brand, being part of a family network and full back office support services. Being a franchisee can also be extremely rewarding both personally and financially, but it is a long-term commitment.

Each Winkworth Franchise Agreement is for a term of 10 years – renewable once that term has ended for a further 10 years, so the new franchising team look for individuals who will be invested in the long run.

When potential franchisees are looking to join the Winkworth network, the new franchising department request a two-year business plan and cashflow forecast. “This is very important to get right.  As the property market remains turbulent, franchisees must have enough capital to run their office until the break-even point, which when opening a cold start office today, is taking between 18 to 24 months,” explains new franchising manager, James Campbell. “Once you start turning a profit, there is no reason, with the right drive and determination, coupled with Winkworth’s back office support services, you can’t grow revenue year on year for the remaining term of the franchise agreement, even in a tough market.”

Winkworth went into franchising in 1976 and over 40 years later the business model still has proven longevity. The team looks for individuals who are going to join the network to enjoy long term success with them. “Some of our highest grossing offices in London are run by franchisees who joined the network just after the business started franchising,” comments Gina Piper, operations manager. “These franchisees have been with us for decades, and their long-term investment into their offices is proof that the model is a rewarding one.”

Encouragingly, Winkworth is seeing more and more young individuals enquiring about the franchise opportunity. “Although our existing, experienced franchisees are paramount to the brands continued success, the thirty-somethings opening or purchasing Winkworth offices have a newfound enthusiasm for achievement, especially amongst their peers,” comments Gina. “We’ve worked hard to bring the initial start-up costs down to encourage more millennials through the door, as we recognise this next generation of franchisees will contribute hugely to the future of the brand, and hopefully stay with us for the long term.”

Winkworth offer support to their franchisees throughout their entire journey with the brand. They look to encourage franchisees by assisting them if they want to expand by owning multiple offices, or by purchasing portfolios to plug into their existing businesses. “Our franchisees are of utmost importance to us,” explains Gina, “and we’re proud we have the ongoing ability to assist in their individual future long term growth.”

Joining Winkworth franchising provides an opportunity to individuals looking to cement their future working careers. “The franchise route is a long-term investment, both financially and personally,” comments Gina. Owning a business is an end-goal for a lot of people and a huge achievement. With the backing of the Winkworth brand, coupled with commitment from the franchisees, the opportunities available for them to continuously develop their businesses and enjoy long term success off the back of them, is huge.”

If you would like to learn more about owning a Winkworth office, get in contact with the new franchising team today.

Interested in knowing more about owning a Winkworth office?
Contact our New Franchising team

James Campbell | Gina Piper
newbusiness@winkworth.com | 020 7355 0200

Related posts

The different routes to becoming a Winkworth franchisee

If you're a driven and experienced property professional looking to take the next big career step, then the new franchising team at Winkworth want to speak to you. Winkworth have several franchise opportunities available for exceptional individuals looking to own or develop their own business.

Read post

December 11, 2019

Winkworth’s unique IT support for franchisees

In early 2017 Winkworth noticed the increased demand for reliable IT support from its network of offices. To ensure supply, the IT department set up an ‘IT in a box service’ and began to roll it out. Below we hear from Winkworth’s IT services manager, Justin Wong, who explains in further detail the support the department offers and how Winkworth offices...

Read post

December 11, 2019

Buying a Winkworth office: the options

Every year the new franchising team at Winkworth help to sell a number of existing offices to new owners. This can be due to several reasons; the current franchisee may be looking to retire, relocate, concentrate on other business interests or simply wish to exit because the franchise term of 10 years is up.

Read post

November 28, 2019

Find your Local Office

Find your Local Office

Speak to people who, quite simply, love their patch and love what they do.

Get a Free Valuation

Get a Free Valuation

Thinking of selling or letting your property, or just interested to know what it is worth nowadays?