Invest in the UK’s largest multi-brand lettings and estate agency franchising group

Offer for Hunters

On Thursday 28th January 2021 the Boards of Directors of The Property Franchise Group and Hunters were pleased to announce that they have reached agreement on the terms of a recommended cash and share offer pursuant to which The Property Franchise Group will acquire the entire issued and to be issued ordinary share capital of Hunters.

Financial and operational highlights (FY20)
£11.5m Revenue up 1% (2019: £11.4m)
£5.8m Adjusted EBITDA (2019: £5.3m)
8.7p Dividend (2019: 2.6p)
£9.4m Management service fees (2019: £9.7m)
£4.8m Profit before tax (2019: £4.0m)
28,092 Properties let (2019: 32,278)
£94m Franchise network turnover (2019: £93m)
58,000 Tenanted managed properties (2018: 58,000)
Annual Report 2020
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