Franchising is a proven business model allowing the franchisee to set up a successful business without having to create and the systems and processes from scratch.
The Short Stay lettings market for both holidays, breaks and as an alternative to staying in hotels is one of the fastest-growing segments in the accommodation market. Just look at the explosive growth of one of the marketing portals Air B’n’B to see how it is growing. We feel the market is still in its infancy.
In 2018 Great Stays set up our first Short Stay lettings business in Lincoln as an add on business to our successful and growing lettings business and estate agency. With considerable focus and hard work we have built it into a thriving short stay business in that area and have learned a lot along the way, particularly how now to do certain things and what the critical areas are to ensure success.
“My intention has always been to develop a national version of the business using Lincoln as the proving ground.”
Paul Horton
Starting in the latter part of 2021 Great Stays will be partnering with a select number of men and women thought out England, Scotland, Ireland and Wales to build out the Great Stays franchise business model.
Who is this for?
The business model is ideally suited to existing lettings agents who already have an established landlord and property base to draw upon.
However, the franchise is not limited just to lettings agent, and it is something that you could naturally set up and run without and previous property experience. In this situation, the startup period could be longer and the returns could also take longer.
Areas where there is, for example, a tourist industry, or large employer bringing in temporary work, or areas with local hotels, are all able to support our business model.
Why would I consider a Great Stays franchise?
As a letting agent, your landlords benefit from the business model and can achieve 50-100% improvement in their property yields.
You as an agent benefit from the absence of red tape in the short stay lettings market, more profit, no ASTs, no deposit protection scheme to administer, no evictions, no tribunals, no sections 8s or section 21s to name a few things.
As someone looking for a business opportunity, our franchise model provides support, training and guidance to help you build a thriving and profitable business in this rapidly growing market sector. Current overseas travel restrictions are providing an additional boost to the stay in the UK accommodation market.
There is work involved and some new teams for you to set up. We provide full training and support and you will benefit from and enjoy the systems and processes we have built to allow the business to run efficiently and grow without teething troubles. Of which we had plenty!
The business is not for everyone and we are only looking for very specific people. If you are truthful, honest and passionate about property, and want a great add-on to your existing business then we would like to talk to you.
Please complete the form below and we can set up a time to have an initial discussion. You will need to sign a non-disclosure agreement before our conversation and in doing so we will be able to have a transparent and frank discussion with you about the business. We are not about trying to sell you a franchise, rather we want to get to know you, and you to know us so we can both get a feel for whether this is the right opportunity for you, and that you are right for the area
If you would like to learn more about the Short Stay market you can listen to Paul being Interviewed from the view of a landlord.
To learn more about this market as a business add on for a letting agent you can listen to Paul being interviewed about why he decided to set up Great Stays, how he sees things now, and where he sees the business in the future.
If you want to learn about the business with no lettings or landlords experience the first podcasts will be helpful, and then listen to this podcast.
If you are interested in talking to us about a franchise for your area please:
71 Moss Lane,
Orrell Park, Liverpool,
L9 8AE
Tel: 0151 542 5055
25 Bailgate, Portico House,
Lincoln, Lincolnshire,
LN1 3AP
Tel: 01522 904 904
Email: info@greatstaysuk.co.uk
