LSL has recently announced the conversion of 183 estate agency branches to franchises: 143 agreed; 40 at advanced stage. Including the 120 franchise branches it currently operates, LSL will be one of the largest estate agency franchisors in the UK, with a network of over 300 branches. This simplifies LSL’s structure and financial model to a capital-lite, high margin service platform.
26 May 2023
LSL Property Services (LSL LN) - Simplified financial model
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LSL Property Services (LSL LN) - Simplified financial model
LSL Property Services plc (LSL:LON) | 270 10.8 1.5% | Mkt Cap: 281.3m
- Published:
26 May 2023 -
Author:
Robin Savage -
Pages:
18
LSL has recently announced the conversion of 183 estate agency branches to franchises: 143 agreed; 40 at advanced stage. Including the 120 franchise branches it currently operates, LSL will be one of the largest estate agency franchisors in the UK, with a network of over 300 branches. This simplifies LSL’s structure and financial model to a capital-lite, high margin service platform.