| Activity: | Castle Estates were the first property management franchise to be awarded BFA full membership and ha |
| Year UK franchise launched: | 1990 |
| Initial franchise fee: | From £18,995 with a number of start up strategies available. |
| Annual fees, spec: | 9% of turnover or £2,250 whichever is higher, charged monthly. |
| Total investment: | Minimum of £19,000 plus working capital. |
| Minimal personal investment: | £5,000 ready cash requirement. |
| Required working capital: | £5,000 - £10,000 depending on strategy |
| Member BFA? | Yes |
| Training: | Castle Estates provide an extensive training programme taking place through our Academy. It is the m |
| General support: | The support Castles Estates provides includes ongoing training, property management software, staff |
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| Average turnover 1st year: | £30,000 approx. |
| Average turnover 2nd year: | £45,000 approx. |
| Average turnover 3rd year: | £75,000 approx. |
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| Average profit 1st year: | £12,000 approx. |
| Average profit 2nd year: | £20,000 approx. |
| Average profit 3rd year: | £35,000 approx. |
| website: | www.franchise.castle-estates.co.uk |
