Steve Slawson of Belvoir Hereford has successfully completed the acquisition of the principal assets of Williams Estate Agents (Hereford) Ltd.
“Acquiring an existing portfolio or company is the most efficient way for our franchise owners to grow their businesses,” says Belvoir’s Chief Operating Officer, Dorian Gonsalves. “The portfolio that Steve has purchased contains 41 fully managed properties within the Hereford territory and this will certainly help to support his growth plans.
“Due to an uncertain economy, increased regulation and erosion of profits, many independent agents are selling up.
“Belvoir is embarking on an Acquisitions Roadshow across the network, encouraging many more of our franchise owners to consider expanding their businesses through partially funded acquisition, which will help to increase turnover and profits, enhance market presence and add capital value to the business.”