{"id":32719,"date":"2026-08-06T11:51:29","date_gmt":"2026-08-06T10:51:29","guid":{"rendered":"https:\/\/www.franchiselocal.co.uk\/news\/?p=32719"},"modified":"2026-07-31T11:52:05","modified_gmt":"2026-07-31T10:52:05","slug":"how-dan-took-over-a-425000-a-year-lettings-business-with-sourced-living","status":"publish","type":"post","link":"https:\/\/www.franchiselocal.co.uk\/news\/how-dan-took-over-a-425000-a-year-lettings-business-with-sourced-living\/","title":{"rendered":"How Dan took over a \u00a3425,000-a-year lettings business with Sourced Living"},"content":{"rendered":"Reading Time: <\/span> 2<\/span> minutes<\/span><\/span>

When Dan joined Sourced Living in February, he had one goal: to build a business of his own.<\/span>\u00a0<\/span><\/h3>\n

Just a few months later, he had taken over an established lettings business\u00a0operating\u00a0across two branches, complete with a team, recurring income and more than 200 managed properties from day one.<\/span>\u00a0<\/span><\/p>\n

Through Sourced Living’s Assisted Acquisitions Programme, Dan was able to step into a real trading business with proven systems, existing\u00a0clients\u00a0and the foundations already in place.<\/span>\u00a0<\/span><\/p>\n

The result<\/span><\/b>\u00a0<\/span><\/h4>\n

Dan’s acquisition included:<\/span>\u00a0<\/span><\/p>\n

    \n
  • \u00a3350,000 business value\u00a0<\/span>\u00a0<\/span><\/li>\n<\/ul>\n
      \n
    • \u00a3425,000 annual turnover\u00a0<\/span>\u00a0<\/span><\/li>\n<\/ul>\n
        \n
      • 200+ managed rental properties\u00a0<\/span>\u00a0<\/span><\/li>\n<\/ul>\n
          \n
        • Two established branches\u00a0<\/span>\u00a0<\/span><\/li>\n<\/ul>\n
            \n
          • An experienced team,\u00a0systems\u00a0and recurring income from day one\u00a0<\/span>\u00a0<\/span><\/li>\n<\/ul>\n

            Rather than spending years building a lettings business from scratch, Dan became the owner of an established agency with everything needed to continue growing.<\/span>\u00a0<\/span><\/p>\n

            A faster route into business ownership<\/span><\/b>\u00a0<\/span><\/h4>\n

            Growing a lettings business organically can take years.<\/span>\u00a0<\/span><\/p>\n

            You need to attract landlords, build a managed portfolio, put systems in\u00a0place\u00a0and create a reliable recurring income before the business reaches real scale.<\/span>\u00a0<\/span><\/p>\n

            Through the Assisted Acquisitions Programme, Sourced Living Partners\u00a0have the opportunity to\u00a0skip many of those\u00a0early stages\u00a0by\u00a0acquiring\u00a0an established business instead.<\/span>\u00a0<\/span><\/p>\n

            Rather than starting with an empty client list, they can step into an agency that already has experienced staff, existing landlords and proven systems in place, allowing them to focus on growing the business from day one.<\/span>\u00a0<\/span>\u00a0<\/span><\/p>\n

            How Sourced makes\u00a0it happen<\/span><\/b>\u00a0<\/span><\/h4>\n

            Acquiring\u00a0a business is a major decision, which is why Partners\u00a0aren’t\u00a0left\u00a0\u00a0to\u00a0navigate the process alone.<\/span>\u00a0<\/span><\/p>\n

            From sourcing suitable acquisition opportunities to supporting due diligence, funding and completion, Sourced works alongside Partners throughout the journey.<\/span>\u00a0<\/span><\/p>\n

            Our support includes:<\/span>\u00a0<\/span><\/p>\n

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            • Vetted acquisition opportunities\u00a0<\/span>\u00a0<\/span><\/li>\n<\/ul>\n
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              • Up to 100% funding through Sourced\u00a0<\/span>\u00a0<\/span><\/li>\n<\/ul>\n
                  \n
                • Guidance through every stage of the acquisition\u00a0<\/span>\u00a0<\/span><\/li>\n<\/ul>\n
                    \n
                  • Ongoing support to help Partners grow the business after completion\u00a0<\/span>\u00a0<\/span><\/li>\n<\/ul>\n

                    The result is a process that gives aspiring business owners the confidence to take on an established agency, backed by a team\u00a0that’s\u00a0invested in their long-term success.<\/span>\u00a0<\/span><\/p>\n

                    Watch Dan’s story<\/span><\/b>\u00a0<\/span><\/h4>\n

                    In the latest\u00a0<\/span>Sourced in the Spotlight<\/span><\/b>, Dan shares what happened behind the scenes, from joining Sourced Living to becoming the owner of a two-branch lettings business.<\/span>\u00a0<\/span><\/p>\n

                    If\u00a0you’re\u00a0exploring business ownership and wondering what your own journey could look like, Dan’s story shows\u00a0what’s\u00a0possible with the right opportunity and the right support behind you.<\/span>\u00a0<\/span><\/p>\n

                    \u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

                    When Dan joined Sourced Living in February, he had one goal: to build a business of his own.\u00a0 Just a few months later, he had taken over an established lettings business\u00a0operating\u00a0across two branches, complete with a team, recurring income and more than 200 managed properties from day one.\u00a0 Through Sourced Living’s Assisted Acquisitions Programme, Dan […]<\/p>\n","protected":false},"author":8,"featured_media":32720,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[929,1577],"tags":[],"class_list":["post-32719","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investment-franchises","category-sourced-living"],"acf":[],"jetpack_featured_media_url":"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-31-064825.webp","_links":{"self":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/32719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/comments?post=32719"}],"version-history":[{"count":1,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/32719\/revisions"}],"predecessor-version":[{"id":32721,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/32719\/revisions\/32721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media\/32720"}],"wp:attachment":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media?parent=32719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/categories?post=32719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/tags?post=32719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}