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Cyprus Master Franchise Rights for Arabica Coffee House
Acquired by Eltia Investments Ltd.America's Arabica is set to enter the Cyprus market with its first store opening in 2012. Localisation will see the business trade as Arabica Coffee House in Cyprus, and according to CEO of Arabica International Inc. Scott Hagg, the master franchise development agreement has been finalised with entrepreneur Steve Collin Whyte, Elias Xenofontos and Petros Kyriakides, the directors of Eltia Investments Ltd., the Cyprus based company.
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Features from the November Issue of Cyprus Franchise and Business Magazine
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What is Franchising? A Quick Guide to Franchising
Franchising opens up a world of business opportunities to people with the desire to own a business but who may lack the financial resources, know-how, or confidence to do so.
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Why 2012 Will Be a Great Time to Buy a Franchise
Although the business outlook for 2012 may remain cloudy there are some good reasons to consider opening a franchise now. While it may take a bit longer to secure financing in today's market, a bad economy can offer some real deals to someone looking at business ownership.
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Is Franchising Your Business the Way to Go?
If you own a successful business, franchising can be a very effective way of growing. You use your existing business as a blueprint for expansion. But instead of setting up and running new outlets yourself, you find independent franchisees that you help to set up their own businesses using your blueprint.
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