Lenard’s, Australia’s largest specialty chicken retailer, has reported the average annual operating profit of each franchise rose 16 per cent in the six months ended 31 December 2008, while the average store sales were reported at just under $1 million.
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David Jones Chief Executive, Mark McInnes has told The Australian newspaper: "We used the boom of 2006 and 2007 to prepare for the downturn, and today our company is in excellent shape." DJ’s announced a 2.4% increase in profit to for the 6 months up to January.
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Hey Big Spenders!
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Retailers are reporting a surge in the sale of household items following the recent stimulus payments. |
One of the big sellers was the humble BBQ – three times the usual number of sales have been made in a week ~ presumably local butchers everywhere are smiling too!!
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SYDNEY FRANCHISING EXPO - 20-22 March
Here are just some of the opportunities you will see at the Expo (see local guides for more information):
bb's Cafe
Brumby's
Billboard Express
Donut King
Embroidme
KwikKerb
Michel's Patisserie
Sign*a*Rama
Wendy's
Can't get to the Sydney Expo?
No problems, simply Click here to visit our website to find out about these, and many more, opportunities and locations available today
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Workplace Ombudsman Report
A Wagga retail business is backpaying more than 100 staff a total of almost $90,000 after an investigation by the Federal Workplace Ombudsman.
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Thinking Outside the Square
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Here at Inside Franchising we sometimes hear about great initiatives being undertaken by a franchise, this is just one of them ...
Leases are the largest expense franchise owners incur, so one franchise has established three teams to renegotiate stores leases in accordance with current marketts, at no cost to franchise owners.
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Click here to tell us about a great business initiative that you think our readers should know about!
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The Hooters Australian franchise has closed one of its restaurants, with two others being overseen by an administrator. A creditors meeting is scheduled for next Friday.
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Crust Gourmet Pizza Bars has been recognised in the 2009 Slimming & Health Healthy Eating awards. Crust’s Gluten Free takeaway pizzas and range of six Heart Foundation Tick approved Pizzas have been voted by readers to be winner of the Allergy-Free category, and highly commended in the New Healthy Food category respectively.
Click here to request more information about this opportunity
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Franchise charity initiatives
Click here for stories about the charitable projects currently being supported by franchises around the country
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WHERE IN THE WORLD?
Did you know ...
Inside Franchising newsletter subscribers reside not only here in Australia, but also in countries around the globe including New Zealand, France, India, Malaysia, Italy, Greece, China, South Africa, the UK and the USA and more?
To our Irish subscribers:
We hope you had a very happy St Patrick's Day ! |