The UK Franchise Growth Index
Martin & Co
Martin & Co is a UK estate and letting agency franchise founded in 1986. The brand operates within The Property Franchise Group and provides residential sales, lettings and property management through local branches. Its proposition combines national recognition and operating resources with knowledge of the individual markets served by each office.
The Five Fibre score measures this network against Twine Growth's Five Fibre Framework™ using the information available at the assessment date. It is not an endorsement, a financial recommendation or a recommendation to purchase a franchise.
About the network
More about Martin & Co.
Customers use the network to sell, buy, rent and let homes. Branches provide valuations and property marketing, support landlords with lettings and management, and help prospective purchasers and tenants find suitable properties. The brand also offers access to mortgage advice through partners for customers including first-time buyers, landlords and people remortgaging.
Lettings and property management form an important part of the Martin & Co identity. Managing relationships with landlords and tenants sits alongside the transaction work involved in selling homes. The franchise owner therefore leads an agency serving several connected customer groups, with service quality and local market understanding central to retaining instructions and developing the business.
The parent group's franchise offering combines use of an established brand with training, marketing and operational support. Martin & Co highlights structured systems, compliance standards and the experience available across its network. Franchise ownership involves managing the local business within this framework, rather than purchasing a passive property investment.
Staff development includes access to The Property Franchise Group's Training Academy, with material delivered through formats including digital guides and video. This shared learning resource supports the people delivering agency services. The model connects central systems and brand support with the owner's responsibility for developing a local team, managing customer relationships and running a sales and lettings business.
At a glance
Martin & Co at a glance.
- Industry
- Estate and Letting Agents
- Franchise category
- Lettings
- Sub industry
- Residential Lettings
- Founded
- 1986
- Franchising started
- 1995
- Approximate locations
- 147
- Headquarters
- Bournemouth
- BFA member
- Yes
- UK origin
- Yes
- Recruitment status
- Active
Investment
Franchise investment.
- Investment from
- £35,000 plus VAT
- Management franchise
- Yes
- Retail premises
- Yes
- Executive franchise
- Yes
Investment figures change. Confirm current requirements directly with the franchise network before making any decision.
Five Fibre assessment
How the foundations score.
Every franchise network is assessed across the five connected areas Twine Growth believes support sustainable franchise growth.
How the Five Fibre score is calculated
Assess: 15.5/20. Martin & Co has a well-established lettings, property management and sales model with independent local ownership. Evidence is strong on transferability and the customer proposition. Group profitability and network revenue have been kept separate from achieved profit within a representative Martin & Co agency.
- A1, proven and profitable core model: Partially, 2.5/5. The official franchisee directory identifies operating businesses, and current 2026 resale and acquisition announcements demonstrate continued trading. Recurring management fees provide a clear revenue mechanism. TPFG's published group profits cover multiple brands and activities. They do not, alone, establish a current standalone Martin & Co core agency profit and loss account.
- A2, operates without daily founder involvement: Yes, 5/5. Independently operated offices, professional support teams and repeated transfers of ownership demonstrate a model delivered beyond the original founders. The September 2026 Basingstoke acquisition retained an experienced local team within a multi-office business. This supports the 30-day principle through distributed management, rather than an observed founder absence exercise.
- A3, understands its ideal franchisee: Yes, 3/3. Current brand recruitment stresses structure, professional standards and attention to detail. The detailed FranchiseInfo profile adds commercial awareness, customer service and relationship building, welcoming transferable experience beyond property. These requirements fit a regulated agency that must win instructions while managing staff and ongoing client obligations.
- A4, owners can realistically make money following the model: Partially, 2/4. Managed lettings can produce recurring fees, while sales and associated services broaden revenue. Established resales and owners purchasing additional businesses support commercial substance. Representative current retained owner profit after staffing, premises, fees, finance and acquisition costs was not verified. Older year-three turnover examples are not current net earnings benchmarks.
- A5, meaningful differentiation: Yes, 3/3. The defined combination is local agency ownership with lettings expertise, compliance support and access to a national group platform. The proposition is particularly directed towards landlords and investors. Credit recognises that supported combination, without claiming exclusive features or guaranteed outperformance of independent competitors.
The decisive next evidence is current agency-level economics, distinguishing an established portfolio acquisition from the capital and time required to build a new office.
Build: 16/20. Martin & Co provides substantial training, compliance oversight and professional operational support. Public verification is less complete for the entire current commercial operating playbook and the completeness of central owner resource access.
- B1, documented operational playbook: Partially, 2.5/5. The official brand page identifies structured systems, and compliance material confirms franchise standards and recurring audits. Training covers practical agency activities. These support documented operating processes, but the complete current playbook covering all commercial and management tasks was not verified. Compliance guidance alone was not treated as the whole owner operating manual.
- B2, structured onboarding and training: Yes, 4/4. The current TPFG Training Academy sets out learning pathways, online modules, classroom courses and continuing qualifications. Martin & Co's published Exeter owner account describes completing training before acquiring the business in April 2024. These provide both a current training structure and a dated example of practical onboarding.
- B3, documented brand experience: Yes, 4/4. Martin & Co's official compliance page confirms regular checks against franchise obligations and mandatory updated training. The group reports common minimum standards and an expanded audit programme. The customer service model is therefore supported by documented requirements and oversight. This is not an audit finding that every office always meets them.
- B4, central access to tools and systems: Partially, 1.5/3. TPFG's 2024 report records a franchisee hub rollout. Current training provides on-demand access, and recruitment material identifies shared operational systems. These support central resources. The complete coverage of every Martin & Co manual, template and required tool in that arrangement was not verified through public access.
- B5, launches without constant founder questions: Yes, 4/4. Operational managers, a helpdesk, academy courses and experienced peers provide several sources of guidance. The current offer includes assistance with business planning and premises. Recent owner accounts credit professional group support. This supports practical preparation beyond the founders, while recognising that a cold start and a staffed resale require different transition work.
Verify the current commercial playbook and resource map alongside onboarding sign-off. The support structure itself is clearly broader than founder availability.
Launch: 18/20. Martin & Co has a clear ownership offer, relevant candidate messaging and working routes into a discovery conversation. Public material is less explicit about the full sequence of structured checks before an applicant is accepted.
- L1, clear franchise proposition: Yes, 5/5. The official brand page presents a landlord and investor-focused agency supported by established systems and compliance expertise. FranchiseInfo explains the combination of local ownership and group support. Resales offer an existing income-generating business, while other listings also describe starting a new office. Those entry routes were not treated as financially equivalent.
- L2, messaging for suitable applicants: Yes, 4/4. The official suitability section prioritises structure, professionalism and detail. Detailed recruitment profiles add commercial motivation and the ability to develop customer relationships. The message connects to the responsibilities of managing a regulated agency and building a portfolio, rather than relying only on enthusiasm for property.
- L3, clear enquiry journey: Yes, 4/4. The official brand page links directly to a franchise callback form and area-check route. The group offer invites a discovery call and explains the progression into planning, preparation and training. Telephone contact is also available. This gives an identifiable next step and support path. No enquiry was submitted.
- L4, structured discovery before acceptance: Partially, 2/4. A discovery call, business planning assistance and detailed resale discussions support an assessment process. Published owner cases describe considering an acquisition and completing training before takeover. A complete current sequence of candidate qualification, financial validation, owner checks and acceptance criteria was not verified. A call invitation alone does not establish every stage.
- L5, deliberate opportunity go-to-market plan: Yes, 3/3. The brand-specific recruitment page is connected to group discovery, resale promotion and third-party franchise listings. TPFG's 2025 report identifies an active recruitment proposition project. These support a deliberate route for promoting the opportunity and handling interest. The separate plan for opening an owner's local agency was not substituted for recruitment marketing.
The useful improvement in the public journey is a clear explanation of the checks and decision stages between an initial conversation and approval, especially for applicants comparing a resale with a new office.
Grow: 10/20. Martin & Co demonstrates active recruitment and succession within its network, with evidence of source capture and a professional recruitment team. Public verification remains limited for monthly ownership enquiry consistency, conversion and the precise next-territory plan.
- G1, consistent monthly franchise enquiries: Partially, 2.5/5. Live recruitment pages, directory promotion and the March 2026 Uckfield resale demonstrate an active route for new owners. Current acquisition announcements show continuing network activity. A current monthly series of ownership enquiries was not verified. Existing owners buying another agency were not counted as new franchisees or proof of steady applicant volume.
- G2, recruitment sources and lead quality tracked: Partially, 2/4. The official franchise callback form exposes campaign source, medium and related attribution fields and identifies LeadPro processing. This is direct evidence of a source-capture mechanism. It does not establish that all sources are populated correctly or compared by applicant quality, progression and signed agreements.
- G3, enquiry-to-agreement conversion understood: No public verification, 0/4. No current Martin & Co applicant conversion report or rate was verified. A recruitment team, CRM-related processing and completed resales make measurement possible, but do not prove that the enquiry-to-franchisee rate is known and managed. Property sales conversion concerns customers and was kept separate.
- G4, planned next territories: Partially, 1.5/3. The group provides a live resale inventory and the Martin & Co page offers area checking. Detailed listings also identify broad regions. These establish geographical opportunity handling. A current prioritised Martin & Co plan naming its next specific expansion areas was not verified. Group-wide anonymous resales were not automatically assigned to this brand.
- G5, recruitment beyond the founder: Yes, 4/4. The official group offer directs applicants to a franchise team, while current published reporting describes experienced in-house recruiters. Brand leadership, operations support and owner succession demonstrate a professional structure beyond the original founders. This supports handling recruitment independently of one founding individual.
Verify a brand-specific pipeline linking source, suitability, discovery, approvals and agreements to priority locations. Resales, new offices, portfolio acquisitions and changes in owner numbers should remain separate measures.
Amplify: 18.5/20. Martin & Co provides strong local online infrastructure and continuing customer acquisition support. The public evidence is less complete for a current individual-owner report combining enquiry sources, conversion and commercial performance.
- AM1, support to generate local customer enquiries: Yes, 5/5. The current group franchise offer includes continuing lead-generation campaigns and central marketing. The September 2026 Basingstoke owner account also credits national marketing and technology support. This gives owners acquisition help beyond a brand licence. Published support claims were not converted into an unverified guarantee of enquiry volume.
- AM2, local online presence for every owner: Yes, 4/4. The official branch structure provides local agency pages. The inspected Wanstead page identifies its owner, local expertise and a direct valuation route. This supports network-wide provision of local presence. Every branch page and external business listing was not individually audited, and website provision does not establish local ranking strength.
- AM3, clear local marketing plan after launch: Yes, 4/4. Ongoing campaigns, operations support and academy training in business generation, listings and sales skills provide a continuing acquisition approach. The published group model also supports organic growth and portfolio development. This recognises the repeatable support available after opening, while individual budgets, execution and results remain unverified.
- AM4, individual owner enquiry and performance tracking: Partially, 1.5/3. TPFG's 2024 report records rollout of tools tracking lead generation and lifecycle. Martin & Co's customer forms identify LeadPro processing, and the model uses agency systems for ongoing activity. These support measurement capability. A current report joining each owner's enquiries, instructions, completions and retained financial return was not verified. Group rollout does not prove complete local adoption.
- AM5, customer growth beyond referrals and founder: Yes, 4/4. Local valuation routes, property marketing, central campaigns and trained agency teams create acquisition paths beyond personal introductions. The brand also supports portfolio acquisition as a distinct growth route. These mechanisms reduce reliance on the founder and an owner's immediate contacts, without assuming every office uses the channels equally well.
Connect branch-level enquiry attribution to instructions, retained landlords, completed transactions and margin. That would help separate busy marketing from profitable local portfolio growth.
Martin & Co scores 78/100, placing it in Growth Ready. Amplify is strongest at 18.5/20, followed by Launch at 18/20, Build at 16/20 and Assess at 15.5/20. Grow is weakest at 10/20. The three priorities in score order are Grow, Assess and Build. The five weighted fibre scores total 78.
The evidence supports a mature agency operating model with local ownership, recurring lettings income, structured training and compliance oversight. Recent resales demonstrate that businesses and customer relationships can continue through a change of owner. The central commercial question is how consistently the recruitment and support system produces suitable owners with attractive retained returns.
- Commercial foundation: existing portfolios and repeat management fees provide a credible revenue mechanism. Parent-group profit, combined network turnover and older owner revenue examples do not establish representative current Martin & Co owner earnings.
- Operating foundation: training, professional support and regular standards checks are well evidenced. The complete current commercial playbook and the completeness of central resource access remain less fully verified.
- Recruitment foundation: the public callback form provides direct evidence of campaign attribution fields. Applicant quality analysis and enquiry-to-agreement conversion remain unverified. The precise brand-specific next-territory plan is less visible than the group resale mechanism.
- Customer growth foundation: local branch pages, valuation routes, central campaigns and continuing skills development give owners useful acquisition infrastructure. Commercial reporting at individual owner level is only partly established by the public evidence.
Scope and dates matter. The 2025 annual report lists 147 Martin & Co outlets, while directory material variously describes 140-plus or more than 150. These were not combined into one current verified owner count. TPFG's much larger group totals include other brands and operating models. The BFA profile retains an older six-brand description, and its investment figures differ from newer listings. Those older details were not treated as current terms.
The March 2026 Uckfield transaction is a resale to a new owner. The September 2026 Basingstoke transaction is an existing owner's acquisition. Neither was automatically counted as a newly opened office. Similarly, customer lead-management technology was not used as proof of franchise applicant conversion. Supplier announcements naming other group brands were not automatically extended to Martin & Co.
The most useful next step is to verify current brand-level recruitment measurement and representative costed owner results, then review the documented acceptance stages and territory priorities. That would connect the quality of the operating model with predictable recruitment and profitable local customer growth.
This independent review applies the supplied weighted 25-question developer brief, using No at zero, Partially at half weight and Yes at full weight. It is not a completed self-reported scorecard or confidential operational audit. A lack of public verification does not prove an internal capability is absent. Research and assessment date: 03/11/2026.
Benchmark
How this network compares.
Explore Estate and Letting Agents in the UK Franchise Data Explorer
Sources
Research sources.
22 public sources used for this profile
- https://www.thebfa.org/campaigns/martin-co-resale-opportunities/
- https://www.thebfa.org/franchisors/the-property-franchise-group/
- https://uk.businessesforsale.com/uk/franchises/opportunities/martin-and-co-franchise
- https://uk.linkedin.com/in/toby-phillips-05a3a8288
- https://www.thepropertyfranchisegroup.co.uk/martin-co/
- https://www.thepropertyfranchisegroup.co.uk/franchisees/
- https://www.thepropertyfranchisegroup.co.uk/franchisees-contact/
- https://www.thepropertyfranchisegroup.co.uk/resales/
- https://www.thepropertyfranchisegroup.co.uk/training-development/
- https://www.thepropertyfranchisegroup.co.uk/the-board/
- https://www.thepropertyfranchisegroup.co.uk/news/martin-co-uckfield-resold-to-new-franchise-owner-david-arnold/
- https://www.thepropertyfranchisegroup.co.uk/news/martin-co-franchise-owner-expands-portfolio-with-basingstoke-acquisition/
- https://www.thepropertyfranchisegroup.co.uk/wp-content/uploads/2026/04/The-Property-Franchise-Group-PLC-Annual-report-and-accounts-2025.pdf
- https://www.thepropertyfranchisegroup.co.uk/wp-content/uploads/2026/03/The-Property-Franchise-Group-PLC-Annual-report-and-accounts-2024_compressed-1.pdf
- https://www.martinco.com/franchisee-directory/
- https://www.martinco.com/about/compliance/
- https://www.martinco.com/estate-agents-and-letting-agents/branch/wanstead/
- https://www.martinco.com/request-details/
- https://www.martinco.com/book-a-viewing/
- https://www.franchiseinfo.co.uk/franchise/martin-co/
- https://www.franchiseinfo.co.uk/franchise/martin-co/case-studies/
- https://tpfgplc.co.uk/divisions/franchising
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