Germany
19
July 2007
Speaking at the event Group Managing Director Brem Ellingham said that between year one and year five, Fastway Germany’s sales increased by 1,425%, and over the past year, their monthly sales have been approximately 50% higher than the same month in the previous year.
Attended by over 100 franchisees, suppliers, and associates, the function was held in a giant aircraft at Speyer’s Technik Museum and was publicised by local media from the town’s newspapers and television station.
As the Vice Chairman of the New Zealand Franchise Association, Mr. Ellingham was pleased to extend the hand of international franchise friendship to Herr Dr. h.c. Dieter Fröhlich, the President of the German Franchise Association, who was a guest speaker at the event.
Other guests included the Mayor of Speyer, Fastway Founder and Chairman Bill McGowan, and senior staff from Fastway’s global office.
Fastway Germany’s National Master Franchisees Robert Förster and Doris Dähler spoke of their faith in the Fastway franchise system, and their enthusiasm to continue growing and developing their business.
Mr. Ellingham said that Fastway Ireland had also celebrated five years in business this year.
“A Fastway franchise is a long term sustainable business, and in Europe our franchisees are now realising the exponential growth that they deserve, following the hard graft of the early start up years.”
Mr. Ellingham said that for the past three years Fastway’s strategy has been one of consolidation, and growing stronger revenues from existing franchises, but plans are now afoot for further expansion.
“I’m pleased to announce that we recently signed a Heads of Agreement for the National Master Franchise in South Africa. They plan to commence their training and induction program this year and commence operating in 2008.”
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