Supanews has recently unveiled its latest concept newsagency franchise in Westfield Strathpine. The newly configured newsagency franchise store is now one of the largest greeting card retailers in Brisbane and also stocks an excellent range of magazines, stationery and gifts.
Supanews retail franchise network purchased the existing Strathpine newsagency in 2008 and spent some time analysing local sales trends and customer demands to create the best targeted product range and layout to the local market.
The business was franchised to local operators Peter and Donna Griffiths, who commented that they were “excited about the opportunity to partner with Supanews during the network’s exciting growth phase. We expect to experience strong growth in this newly configured state due to superior layout, store design improvements, improved product ranges and marketing initiatives.”
Adrian Gaskin, Managing Director of the newsagency franchise group, says that he is encouraged by the milestone, as it “demonstrates the appeal of a professional, compliant and modern newsagency brand which services consumer needs and provides a shopping centre with an identifiable national tenant”. He went on to comment that “Supanews continues to achieve great momentum despite the global economic crisis. Over 40% of our businesses have transitioned to new franchise owners over the past twelve months, amounting to $8.7 Million worth of transactions. The Supanews acquisition model is working, as it provides new franchisees an opportunity to purchase on an existing business’ turnover and profit.”
Supanews newsagency franchise also opens Greenfield sites in new and developed shopping Centres and when combined with a superior shopfit and ‘best in class’ practices, the model is appealing to customers, Landlords and franchisees alike.
Supanews Retail is a professional and successful newsagency retailer and all newsagency franchise stores in the chain are compliant, professional and offer consistent brand identity incorporating shop layout and design. The objective of the newsagency franchise company is to grow the business to 100 stores within the next two years.