Trio of acquisitions in first trading year

Tom Cartwright, owner of Belvoir Exmouth, has doubled the size of his business with a third acquisition, just one year after becoming a franchisee.

The purchase of Stocks Property Management follows the acquisition of a small local lettings agency earlier in the year, which added to Tom’s lettings portfolio and provided him with a foothold into sales.

Tom’s achievements were recognised in March when he won the Belvoir Newcomer of the Year Award at Belvoir’s Annual Awards.

Tom said: “I can’t believe how much we have achieved in just one year! We started out with about 59 properties, and we now have almost 200, and we also won the Best Newcomer Award in March of this year, which ironically, I couldn’t collect as we were too busy completing on the first acquisition!

“There are now four of us in the business – myself, my wife Emma, Nick Wright, who is our property coordinator, and Ian Matthews who is ex-RAF and recently joined as a property manager with about 15 years of experience. I couldn’t have achieved any of this if I wasn’t a Belvoir franchisee. I hadn’t planned to expand as quickly as I have, but because I’m part of a franchise it all became possible.”