Jump in profits and revenue at The Property Franchise Group
The group led by Gareth Samples, which owns Belvoir and Martin & Co, saw profits leap by 39% and revenue 25% last year.
The Property Franchise Group (TPFG) enjoyed a profits jump of 39% and revenue 25%, it announced in the latest full-year results.
The parent company for Belvoir and Martin & Co reports adjusted profit before tax rose to £31 million (2024: £22.3m) in 2025, and group revenue increased to £84.3 million (2024: £67.3m).
Group core
Franchising revenue increased by 16% to £47.5 million, and the group says: “Our franchising division remains the core of the group, delivering 56% of revenue and 78% of adjusted operating profit in 2025.”
Other highlights from results for the year to 31 December:
– EBITDA increased 49% to £30.3m (2024: £20.4m)
– Management Service Fees (“MSF”) increased 14% to £32.4m (2024: £28.3m)
– Financial Services revenue increased 26% to £24.2m (2024: £19.2m)
– Licensing revenue increased 75% to £12.6m (2024: £7.2m)
TPFG acquired a controlling stake in a financial services company linked to the Mortgage Advice Bureau in January, to boost its mortgage advisers team to over 300.
And the group will continue to “pursue complementary acquisition opportunities that strengthen the platform”.
There is “significant progress in AI focused initiatives with rollout started in 2026”.
Strong growth
Gareth Samples, CEO at TPFG (pictured), says: “2025 was characterised by strong organic growth and solid operational progress across all three divisions, delivering profitability ahead of expectations.
“The scale and capability built through last year’s acquisitions materially strengthened our strategic position and underpin the continued development of our platform model, enabling us to deliver enhanced value to franchisees, licensees and advisers.
Momentum
“The successful launch of the Privilege programme, record performance in Financial Services and continued momentum in our Licensing division demonstrate the benefits of our increased scale and our ability to capture new revenue opportunities,” he says.
“Looking ahead, we expect further commercial opportunities. Our diversified income streams, strengthened balance sheet, and expanding platform provide a resilient foundation from which to pursue further growth.”
