Mike Parker, Minster Franchise MD, says "I am absolutely delighted that Martin Francis has just completed his purchase of our existing branch in South Wales. Martin has relocated from South Africa over to the UK to operate this business and will be joined by his family shortly. Martin sees Minster as a tried and tested way of running his own business in the UK. Naturally buying into an existing Franchise business is a big help and Martin can use his commercial skills to grow the business from a solid base."
Mike goes on to praise the Franchise professionals who have worked together to make this deal happen. "You realise just how many people and organisations are involved in these purchase and sale deals. My thanks go to all of them: Derrick Simpson and Gordon Cutting at Franchise Resales for their efforts in finding our purchaser; Chris Roberts and the team at Franchise Finance for organising the bank finance through HSBC; for the legal team who have shown great patience and understanding, Kate Legg at Higgs & Sons, Stephen Thompson at Darwin Gray and our solicitors Emma Lusty at Hamilton Pratt. Excellent work by all. My best wishes also go to Jonathan our exiting Franchisee who has been a super Franchise partner in his 10 years with Minster."
"Unbelievably on the same day that exchange was achieved, we had an offer accepted on the next branch which is up for sale and interest expressed in another. 2014 is shaping up to be a very busy year for Minster Franchise."