Posts Tagged ‘Will Flanagan

27
Mar
08

REPUBLIC DRINKS TO A COFFEE WAR IN EAST

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Coffee wars are about to break out in Nottingham.

Coffee Republic plans a major push to open new outlets across Notts and the East Midlands.

A new outlet opens in June on Fletcher Gate in Nottingham and entrepreneur Heath Samples plans eight across Notts and Lincs.

Coffee Republic, although strong in London, has little representation in the Midlands.

The Fletcher Gate outlet will be run by franchisee Will Flanagan.

Core opening hours are 7am to 7pm and each outlet will create up to eight jobs.

Mr Samples is also the master franchisor in Yorkshire and Humberside.

Mr Samples, who lives in Ratcliffe-on-Trent, owns a number of businesses including an internet TV channel and a gaming machine business.

There is already an outlet in The Cornerhouse on South Sherwood Street.

“We be opening up to eight a year for the next three years across Notts and Lincs including Mansfield and Worksop.”

Mr Samples has bought the right to sell the opportunity to open either a new store or convert an existing store.

“There is some saturation in the Notts and Lincs area but the big opportunity is for those who have an outlet which is not branded. We can give a fixed price for what it will cost to turn it into a Coffee Republic. They run it themselves buying the product from us. It is very competitive.”

An average outlet costs between £100,000 and £130,000 to open covering shop-fitting and franchise fees.

Non-branded outlets could be converted to Coffee Republic for about £30,000, added Mr Samples.

“They pay us as master franchisor nine per cent a year. We supply training, products plus all the promotional packs,” added Mr Samples.

Franchisees have the chance to obtain a liquor licence.

He said non-branded coffee houses were coming under pressure because powerful brands were moving into town centres.

Mr Samples has also acquired the rights to offer franchises of Coffee Republic to cinemas, arcades, bowling alleys, pubs and entertainment centres.

Mr Samples runs a number of businesses.

He sells casino machines for export to Europe and further afield, based out of London and Ruddington.

He bought a shop-fitting business, Lighthouse, which is an exclusive shopfitter for Coffee Republic.

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