Independent agency acquired by well-established franchise

The owner of Martin & Co’s Folkestone branch has grown his business by almost 20% after completing a third independent agency acquisition.

Dennis Roodhardt, who has been at the helm of the national sales and lettings agency’s south Kent operation for 13 years, completed the goodwill purchase of more than 50 properties from Castles Lettings.

This takes Martin & Co Folkestone’s managed portfolio to just under 400 properties.

Roodhardt said: “I’m absolutely delighted to complete this purchase from Castles Lettings – a company that has been a staple of the Folkestone lettings market since 1987.

“Castles’ ethos very much matched our own when it comes to strong customer service.

“Our aim is to provide their landlords with that same high level of service, alongside the brilliant systems we have in place to effectively manage this portfolio of excellent properties.”

Eric Walker, managing director, commented: “This is a fantastic fit for Dennis and his team and testament to the drive for growth throughout The Property Franchise Group.

“In addition to sales and lettings, Folkestone has a thriving mortgage business and a growing block management department, so this new portfolio will benefit from a complete one stop shop few other agents can offer.

“We have many franchisees looking to expand, so if you are thinking of selling, please get in touch.”

 

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