Kitchen renovation company signs up for former carpet showroom

October 31, 2019

A kitchen renovation company has signed up as tenant for a 1,162 sq ft former carpet showroom in Newport. Nicholas and Catherine Bexter, have opened up a franchise of Dream Doors.

 
Nicholas Bexter was previously a kitchen fitter and was keen to turn his passion into a business with his wife Catherine, who specialises in design.

M4 Property Consultants completed the lease of the building to Nicholas and Catherine.

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Dan Smith, director of the commercial property agents, said: “The prominent location and layout of the building is ideal for a showroom. We received a good level of interest but choose Nicholas and Catherine who have a clear business plan and are backed by a national company who are expanding rapidly across the UK. We are delighted they have chosen this unit and wish the business every success.”

Catherine Bexter added: “Dream Doors Newport is a family run business and we intend to run it with great care and compassion for our customers personal needs.

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“The kitchen is the heart of every home. I love that we can do as little or as much as the customer would like and if they choose to have a makeover, they don’t even have to empty there cupboards.

“For me personally it was also a chance to be closer to my own family and come home to Wales where I was raised. We were delighted when we were offered Newport. We are really passionate about investing long term.

Related: Dream Doors Franchise

“With our local experienced team and high levels of personal service, Nick and I will project manage the whole process from start to finish, priding ourselves on taking the stress out of the process for the customer.”

By Josh Morris

Source: Insider Media

TaxAssist moves up one place in Accountancy Age Top 50 + 50 survey

October 31, 2019

TaxAssist Accountants’ continual growth has seen the network of small business specialists rise one place to 21st in the highly regarded industry league table with a 5% increase in fee income, up from £39.6m to £41.5m.

 
The latest survey reveals that growth across the sector has accelerated despite the economic uncertainty caused by Brexit and new regulations. The top UK accountancy firms recorded fee revenues totalling over £16bn in the last financial year, one year after breaking the £15bn barrier.

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Karl Sandall, Group Chief Executive Director at the TaxAssist Group, said: “To have moved up one place to 21st in the league table is fantastic news. Our rise of 13 places, since we first entered the Accountancy Age survey in 2010, is testament to the dedication of our network and our sustained vision for continual growth.

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“Although we are living through uncertain times, recruitment of new franchisees continues to be strong. The benefits to being part of the TaxAssist network are clear and our full service offering is increasingly in demand with small business clients, who need help and advice with software and regulation, attracted by our visible, welcoming shop based practices. I feel confident that our adoption of a best-in-class technology suite, investment in our brand, coupled with our plans to develop services to help attract and support clients, bodes well for future performance.”

Related: TaxAssist Accountants Franchise

Austin Clark, Editor at Accountancy Age, said: “The good news for the sector is that this year’s ranking showed widespread growth across the table – from the Big Four through to the smaller firms in the listing – despite the multitude of challenges faced and the uncertain climate.”

To see the list of the Top 50 firms and an analysis by Accountancy Age click here.

Popular peri peri franchise Pepe’s to open up in East Kilbride

October 30, 2019

A popular restaurant chain will open it’s doors this year in East Kilbride. Pepe’s peri peri posted the news to their Facebook yesterday.

 
Due to open in Murray Square, Pepe’s sells peri peri flavoured chicken, burgers and salads.

The chain started in 2007 in Watford, and now has 97 stores worldwide in the UK, Ireland and Pakistan.

The shop still has builders in working, but it is hoped that it will open in early December, just in time for Christmas.

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For further information and any updates keep an eye out on the Pepe’s piri piri – East Kilbride Facebook page.

By Gregor Farquharson

Source: Daily Record

First Nisa Partner Opens Co-op Franchise Store

October 30, 2019

The Co-op yesterday opened its first franchise store with a Nisa partner following the launch of its franchising scheme earlier this year.

 
The store, located in the Brunel Shopping Centre, Somerton, previously traded under the name Williams. It has now reopened under Co-op brand following a £600,000 investment that saw the introduction of an in-store bakery, coffee dispenser and hot food, alongside an extensive range of fresh and locally sourced goods.

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The Somerton store is the eighth Co-op franchise store to open following the society’s decision to licence its brand to independent retailers for the first time in order to accelerate its expansion in the convenience sector. The first seven Co-op franchise stores are said to have seen sales growth in excess of 50% following conversion.

Richard Williams, the Co-op Somerton store owner, commented: “We are delighted to have had the opportunity to carry out such a significant investment in Somerton. Our ambition is to ensure that our store remains a local hub and a real asset for the community.”

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Martin Rogers, Head of New Channels at the Co-op, added: “We’re looking for the right retailers in the right locations to share in our success and we are delighted that Richard has come on board as our first Nisa partner franchise.

“Richard’s store is the perfect example of where we can join forces with a well-established, community store, retain the catchment of the retailer whilst offering its shoppers Co-op quality and value products.”

Source: KamCity

Supercuts salon chain could be the latest big name brand to disappear off the high street

October 29, 2019

Another well-known brand could be about to disappear of the high street for good. The owner of Supercuts, one of Britain’s biggest salon chains, has gone into administration, putting hundreds of jobs at risk.

According to Sky News, Regis UK – which runs Supercuts and the Regis brand – is now being run by the consultancy firm Deloitte.

 
It raises fears over the company’s 320 Supercut and Regis outlets, including branches in Newcastle’s Eldon Square, Sunderland and Gateshead.

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A Supercuts spokeswoman decline to comment on the chain’s financial circumstances and Deloitte has been for a statement, according to the Daily Mirror .

Supercuts, a hair salon franchise, was founded in San Francisco Bay in 1975, by Geoffrey M. Rappaport and Frank E. Emmett.

The company’s first location was in Albany, California. The headquarters are in Minneapolis, Minnesota.

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Today, Supercuts is owned by the Regis Corporation, which also owns Regis Salons, MiIts UK arm is owned and operated by private equity firm Regent, L.P., under a franchise agreement with Regis Corporation.

Today’s news comes less than a year after Regis UK announced it was seeking a rescue deal in order to stay afloat.

In October, the firm was looking to slash rents through a company voluntary arrangement (CVA) as it struggled with lower footfall, the apprenticeship levy and higher pension costs.

Related: Supercuts Franchise

At the time, Jackie Lang, managing director of Regis UK, said: “This action has been taken to restructure our costs to ultimately enable reinvestment into the business to improve our digital platforms and our expertise in salon.

“If successful, over 90% of our creditors will be unaffected.”

By Emma Munbodh and Sean Seddon

Source: Chronicle Live

First look inside Stockton Heath’s newest shop

October 29, 2019

THE newest shop on the high street in Stockton Heath opens on Saturday. Kitchen retailer Kutchenhaus opens its first Warrington store on London Road.

Boasting 1,100 square foot of retail space, the Warrington store will employ two staff in customer services and kitchen design. The shop will be managed by Chris Smith, who has worked with Kutchenhaus product for more than 11 years. Most recently he worked at the head office, growing the franchise network from nine stores to 25.

 
Rob Greenhalgh, who co-owns the Warrington business with Chris, comes from a kitchen installation background with over 20 years’ experience fitting. Rob said:“The team is incredibly excited to be opening the new store in Warrington, our friendly team is looking forward to welcoming the community to the official launch on Saturday.

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“It has taken one month to completely transform the space to Kutchenhaus’ high-quality standards. We are looking forward to meeting shoppers and introducing them to Kutchenhaus. We believe the people of the surrounding area deserve access to German engineered kitchens at a really affordable price.”

Sean Ford, national head of sales and operations for Kutchenhaus, said: “Kutchenhaus is on an ambitious growth path over the next two to three years, so it’s fantastic to see the opening of our first store in Warrington.

“We are very excited to be part of the new showroom opening in Warrington, a community we believe is a perfect destination for a Kutchenhaus store due to its central location and access to major motorways. The new store will no doubt offer an engaging store environment and deliver a high-quality product, a market opportunity which we know is currently in high demand. We wish Chris and the team all the best and wait to see their future success.”

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Established in 2004, Kutchenhaus is a franchise business owned by Europe’s largest kitchen manufacturer, Nobilia. Customers can both buy online at www.kutchenhaus.co.uk or one of its 32 showrooms across the UK.

By Gareth Dunning

Source: Warrington Guardian

Couple branch out in business with Wales first Mr Electric franchise

October 28, 2019

Abergavenny couple Michael Stewart and Tracy Yarnall have embarked on a new business enterprise by launching Wales’ first Mr Electric franchise.

Mr Electric, the UK’s leading electrical franchise brand, covering Newport, Abergavenny, Cwmbran, Pontypool and surrounds.

 
The new office is based in Abergavenny.

Michael and Tracy will be joined by one other fully qualified electrician, providing electrical solutions for homes and businesses in all aspects of electrical repair, installation and energy saving, including electric vehicle car-charging points.

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Prior to becoming new franchise owners, Michael spent eight years running a successful newsagents and Post Office in Cwmbran, while Tracy devoted her time to supporting struggling families during her four years of working for Barnardo’s. After taking the business as far as it could go, Michael decided he needed to set himself a new challenge by embarking on an exciting new business opportunity in the electrical industry, a venture Tracy was eager to join him in.

Not wanting to start a new business from scratch, Michael and Tracy began researching various franchise opportunities. They decided to make an investment in a future and recession proof sector with a well-known brand and was growing fast. Mr Electric fitted the bill, particularly as it was part of Neighbourly, the world’s largest franchisor of home service brands, with a franchise network of more than 3,700 franchisees worldwide.

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The couple said: “We initially looked at several other franchises but struggled to find a franchisor who made us feel confident that we would be fully supported to make our business as successful as possible. That is until we found Mr Electric.

“Not only do we know that we have the support of a dedicated team behind us who are always there to champion our success, we are now also part of a network of franchisees who share our passion for the brand. Joining Mr. Electric given us the opportunity to be a part of a very exciting industry, particularly with the rise of electric vehicles and chargepoints, which we’re thrilled to bring to our local community.”

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Mr Electric is a brand with expertise in electrical installation, maintenance and repair, providing a national service with local coverage. It is an authorised Office for Low Emission Vehicles installer of electric vehicle charging points with a network of franchised electrical businesses who install and manage EV charging points for homes, workplaces and public areas throughout the UK.

By Jo Barnes

Source: Free Press Series

German Doner Kebab promote current UK MD to spearhead drive across Europe

October 28, 2019

German Doner Kebab has promoted Daniel Bunce to the position of Managing Director of UK and Europe.

Daniel, who joined German Doner Kebab in January 2018 as UK Managing Director, has been tasked with leading the brand’s expansion across the continent having successfully spearheaded their ambitious growth strategy within the United Kingdom.

 
As well as heading up German Doner Kebab’s current stores within Great Britain and Ireland, Daniel will play a crucial role in growing the brand footprint across the continent.

GDK is currently rolling out aggressively across the Middle East, Europe and USA, with over 700 franchises already signed-up to the brand globally.

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GDK CEO Imran Sayeed highlighted the impact Daniel has made since joining the brand 18 months ago, having led the impressive growth strategy throughout the UK.

He said: “Throughout his time at German Doner Kebab, Daniel has proven himself as a key

component in our drive for expansion and continued growth across the UK.

“This promotion recognises the role of Daniel as being a true driving force behind our growth and highlights the pathway that exists for employees to work their way up into senior positions within company.

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“Daniel undoubtedly has the skills and experience to now spearhead German Doner Kebab’s push for an increased prominence within the European market, in the way he achieved in the UK.”

Daniel brings vast experience to his new role. Having previously lived in the Middle East for 13 years, he held the position of CEO of Hospitality at Sharaf Group, Business Development and Franchise Director at UAE-based Slick Yogo, and Area Manager at MKM Wafi Hospitality.

Previous to this, he had over 20 years’ experience in the UK Hospitality market.

Daniel said: “This is a fantastic opportunity for me, while continuing to represent and help grow the GDK brand.

“It is an exciting time to be expanding the role with German Doner Kebab and moving further afield into new markets, which I know we will thrive in.

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“It marks the end of an incredibly busy 18 months where we have grown from our initial 11 UK stores, to a total of 40 by the year end. Along the way, we have also increased the team, in order to support our franchise partners and help the business grow within the UK.

“This is just the beginning of another exciting chapter in the German Doner Kebab story.”

Source: Scottish Business News

EasyHotel makes development progress in three markets

October 27, 2019

Super budget hotel developer and operator easyHotel updated the market on its developments on Wednesday, reporting that at its owned hotel at Paris Charles de Gaulle Airport in France, planning permission for the 209-room property had now been granted.

The AIM-traded company said it had secured an operating lease agreement with airport management company Groupe ADP, with the hotel to be let on a 24-year fully repairing and insuring lease at an annual rent of approximately €1.1m.

 
It said the site was being developed by Linkcity Ile de France – a subsidiary of Bouygues Construction – and construction works would now begin “imminently”, with the new hotel expected to open during the 2021 financial year.

Looking at its franchised hotel development pipeline, in Derby the company confirmed that it had signed a franchise agreement with Ushba for the development of a new 110-room hotel.

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Located close to the city centre and main transport hubs of the city, the hotel was expected to open in 2021.

In Tel Aviv, Israel, easyHotel said it had signed a 20-year exclusive franchise agreement with R&N Services to support the brand’s development in the city.

The agreement included the development of three initial hotels in prime locations across Tel Aviv, totalling 667 rooms.

It added that the hotels were expected to open by late 2022.

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“I am pleased to report further progress against our strategy as we continue to expand our network of super budget hotels in city-centre locations, both in the UK and across international markets,” said chief executive officer Guy Parsons.

“The board believes that the current economic uncertainties will continue to present attractive investment opportunities for the brand and we look forward to announcing further updates in due course.”

By Josh White

Source: ShareCast

Huddersfield lawn firm sows seeds for growth with £600k NatWest funding

October 27, 2019

A Huddersfield-based lawn treatment provider, Greensleeves Lawn Care, is set for expansion after securing six-figure funding from NatWest.

Greensleeves Lawn Care has received a £600k funding package from NatWest to fund a management buyout.

 
Led by David and Laura Truby, the franchise model firm aims to grow the business of 90 franchisees to more than 150 franchisees in the next six years, increasing its customer base from 65,000 to over 100,000.

The additional franchisees will also allow the company to expand its footprint in the UK, with ambitions to offer its services across the whole country by 2025.

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David Truby, managing director and new majority shareholder of Greensleeves Lawn Care, commented: “I’ve been with this company since 2004 and I’ve watched it go from strength to strength. As part of the previous management team, we ran an incredibly successful company and I want to continue to build on that.

“This funding from NatWest will help us expand our franchise model, while also helping us make Greensleeves a business that people want to work for. It’s important to us that our staff enjoy working with us, so company culture will be a big focus for the firm.”

Liam Douglas, senior relationship manager at NatWest, added: “Greensleeves Lawn Care is a company with exciting growth ambitions.

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“David has got a great vision to expand the firm and his commitment to sustainability is commendable. We’re excited to see how the funding we have provided will help the business grow over the coming years.”

By Jane Imrie

Source: BDaily