Only Rentals

Only Rentals Franchise

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OnlyRentals is new to the South African residential letting agency market. They opened up offices on 1 March 2009 and to date have 22 franchises up and running. Their aim is to establish no less than 150 owner operated offices within 5 to 6 years in all the provinces of South Africa.

Only Rentals

Established: 2009
Initial Franchise Fee:

Starts from R50 000 plus VAT

Set-up Costs: R200 000 Incl. Operating Capital
Management Fees: 5% of Turnover
Marketing Fees: 1% of Turnover
FASA Member: No
Contact:
Grant Smee

[email protected]

0861 RENTALS
www.onlyrentals.co.za

About the Franchise

Only Rentals is a specialist residential letting franchise with a national footprint of 22 franchise areas in operation. Its fees are extremely attractive when compared to those of traditional estate agents, and it takes pride in its excpetionally high service delivery.

The head office team has been prominent in the residential letting field for many years and this experience means that landlords and tenants get only the best advice. The Only Rentals rental collection process is streamlined due to quality accounting practices and rental collection.

Franchisee selection criteria

The franchisee must be energetic and be passionate about property. Applicants must be computer literate and prior experience in the letting industry will be advantageous.

Franchisor support

The Managing Director is responsible for the day to day running of the business as well as all national marketing and advertising. MD is supported by a CFO and administration staff.

Only Rentals provide full management orientation as well as an effective control system.

The Only Rentals franchisor ensures that all franchisees have access to sound advice and current industry information and trends. The franchisor also assists franchisees with further development and marketing strategies. The franchisor will also provide franchisees with the latest gazetted regulations (Eg: EAAB compliance, FICA regulations and CPA matters.)

What Do You Get?

  • Includes joining fees
  • 3 day training in letting training & operations manual
  • Brand manual
  • Blueprint of all legal and support documentation
  • Ongoing support
  • Exclusively demarcated trading area
  • Intellectual property