Sandler

The initial franchise fee for a Sandler franchise in the UK is £55,000, according to Sandler UK, which also describes it as the initial investment. It does not publish working capital requirements or its ongoing royalty.

Yes. Sandler UK says it works with franchise lenders and major UK banks that will finance up to 70% of the purchase, depending on personal circumstances. On a £55,000 fee, that would leave around £16,500 to fund personally; this is a derived figure.

Sandler UK states that the average annual turnover of established Sandler franchises in the UK is over £200,000. It does not say how long a franchise must have traded to count as established, and individual results vary.

A strong background in corporate sales, business management or leadership is described as highly advantageous, but Sandler UK says its training and mentoring provide the tools and methodology needed to succeed.

Nine to ten days of initial training at Sandler’s global headquarters in Maryland, US, followed by implementation training at the UK head office in Oxfordshire and one-to-one mentoring from an established UK franchisee. Marketing support includes a website, a 90-day launch plan and fortnightly marketing calls.

Typically one to two months from signing the franchise agreement, according to Sandler UK. It also says that in the last two years, all of its new franchisees started invoicing clients within 90 days of training.

Yes. Sandler UK says many franchisees run a low-overhead practice from a home office, and some later recruit sales associates or administrative staff.

Yes, subject to approval from Sandler’s home office and the transfer terms in the franchise agreement, according to Sandler UK.