ISRAEL:CTG-WORLD SELLS MASTER FRANCHISE

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Date: Monday June 25, 2007 10:36:00 am
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    Cartridge World sells Master Franchise for Israel
    Cartridge World, an ink cartridge refill franchise founded in Australia, has agreed a Master Franchise deal for Israel. The company sold its Master Franchise to Ofer Heilig and Ronny Fryberg, who both have a background in printer manufacturing.”I am excited to join the Cartridge World team, and look forward to utilising my experience and knowledge of printing technology to increase Cartridge World’s visibility throughout Israel,” says Ofer Heilig.Ronny Fryberg adds: “Cartridge World is an example of a perfect retail model that is able to cross cultures. There are billions of printers and office equipment around the world – all will eventually need replacement ink and toner. We offer entrepreneurs a proven business model that has international brand awareness. For consumers and businesses, Cartridge World offers a safe, less expensive option for their increasing ink and toner needs.”Burt Yarkin, CEO of Cartridge World North America, adds: “With more than 1,400 stores across 36 countries, it is clear that consumers and businesses have an appreciation for alternatives to expensive ink and toner cartridges. Having grown to 550 stores in three years, the quick success of Cartridge World throughout the United States proves that the company is ready to expand into the Israeli markets.” 

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