*NEWS*CTG WORLDS NEW FRANCHISES IN EUROPE

  • banner-01-26-17b
  • 2toner1-2
  • 4toner4
  • futor_902x177v7-tonernew
  • mse-big-banner-new-03-17-2016-416716a-tonernews-web-banner-mse-212
  • 536716a_green_sweep_web_banner_902x17712
  • 161213_banner_futorag_902x177px
  • cartridgewebsite-com-big-banner-02-09-07-2016
  • 05 02 2016 429716a-cig-clearchoice-banner-902x177
  • ink-direct-banner-902-x-177-v-1-2-big-banner-03-23-2017
  • Print
Share

*NEWS*CTG WORLDS NEW FRANCHISES IN EUROPE

 user 2006-04-05 at 11:47:00 am Views: 74
  • #15101

    Cartridge World Inks Acquisition of Master Franchise in UK and France
    Emeryville,
    CA: APRIL, 2006 — Cartridge World, a leading ink refilling retailer in
    the printer cartridge industry, has announced its acquisition of the
    master franchise for the United Kingdom and France, a move toward
    consolidating the company�s worldwide operations in the United States.
    Currently, Cartridge World has 300 stores open in the UK and 65 in France.
    �This
    friendly acquisition will give us an opportunity to more closely manage
    our Cartridge World locations throughout Europe,� said Burt Yarkin, CEO
    of Cartridge World North America. �Both these markets will continue to
    grow rapidly, and our consolidation will help to further strengthen the
    Cartridge World brand internationally.�
    In addition to locations in
    the UK and France, Cartridge World also has operating stores in most
    parts of Europe including Austria, Belgium, Germany, Greece, Italy,
    Poland, Portugal, Ireland, and Spain.
    As part of Cartridge World�s
    tremendous growth internationally, the company also recently awarded
    Dr. Jose Vazquez with the master franchise rights to the Caribbean,
    encompassing 26 countries. Vazquez, who has been a multi-unit franchise
    owner with Subway for the past 10 years in Puerto Rico, will be opening
    the first Cartridge World location in Puerto Rico this June. He has
    plans to open a total of four to six stores by 2007 and a total of 30
    locations throughout the Caribbean by 2011.
    �We are excited to
    welcome Jose to the team and look forward to utilizing his experience
    and knowledge of franchising to increase Cartridge World�s visibility
    throughout the Caribbean,� added Yarkin.
    Cartridge World, which
    opened its first franchise location in Adelaide, Australia in 1997, is
    the first retail cartridge refilling concept to take on manufacturing
    giants such as HP, Lexmark, and Canon while offering cost-saving
    solutions for consumers and businesses on the traditionally inflated
    costs of printer cartridges.
    The company provides consumers and
    small to mid-sized businesses a retail cartridge refilling service that
    allows customers to refill their ink and toner printer cartridges with
    as much ease as they refill the gas tanks of their cars. More
    importantly, customers receive up to a 50 percent savings and a
    money-back service guarantee on all refilled cartridges, all the while
    helping the environment. Cartridge World estimates that it will keep
    nine million cartridges out of landfills this year.
    Cartridge World
    is the fastest growing ink refilling retailer in the $60 billion
    printer cartridge industry. The company refills empty ink cartridges
    for ink jet printers, laser printers, fax machines and photocopiers
    with top quality, brand-specific ink and toners. Voted #1 in toner
    replacement services by Entrepreneur Magazine Franchise 500, Cartridge
    World has more than 1,100 franchised retail locations in 27 countries.
    The California-based Cartridge World North America was founded in 2003.
    There are currently more than 375 locations open in the United States
    with 500 locations expected by summer of 2006.