Franchise Brands PLC (LON:FRAN)

Franchise Brands PLC (LON:FRAN)


Share Price
81.60 p
Change
0.1 (0.12 %)
Market Cap
£63.13 m
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Franchise Brands PLC

Franchise Brands PLC
Franchise Brands PLC was founded in September 2008 by Stephen Hemsley (Executive Chairman) and Nigel Wray (Non-executive Director) and is an international multi-brand franchisor with a combined network of over 450 franchisees in 12 countries across four brands.

Franchise Brands’ vision is to create a group of market-leading franchise businesses that benefit from...

EPIC: FRAN
Market: AIM:FRAN
52-week High/Low: 90.96p / 64.00p
Sector: General Retailers
Market Cap: £63.13 m
Website: www.franchisebrands.co.uk
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Big Picture – A Deep Dive Examination of Franchise Brands PLC


Franchise Brands PLC Snapshot

The business of Franchise Brands plc was founded in September 2008 by Stephen Hemsley (Executive Chairman) and Nigel Wray (Non-Executive Director), the principal shareholders, who have substantial experience in franchising.

Their vision was to create a group of complementary franchise businesses that could benefit from sharing the same central support services, thus allowing the management of these businesses to focus on expanding their networks, and supporting their franchisees to grow their businesses.

The founders’ vision also incorporated their strongly held belief that a franchise business can only be reliably and successfully expanded if the unit level economics are viable at the franchisee level and franchisees are able to build profitable businesses with the support of the franchisor.

The Group’s strategy is to focus on the development of franchise businesses that primarily provide services to individuals and businesses, building on our core skills of marketing, franchise recruitment and franchise support. The execution of the strategy will be achieved through organic growth and acquisition.

In October 2016, Franchise Brands completed its first acquisition since the IPO, of Barking Mad, in October 2016. This broadened the Group’s portfolio of B2C businesses with a market leading brand which has an attractive model for franchisees, a strong management team and a similar customer base to the Group’s existing brands.

Our Services

 

Franchise Brands has established experienced and well-resourced central support services from which franchisors and franchisees can benefit. These include marketing, franchise recruitment and franchise support.

 

Marketing

Established by the Marketing Director of a FTSE250 company, our marketing expertise is highly valued by our franchisees. Read more

Franchise Support

We have a dedicated and highly experienced and specialist franchise support team which focuses on areas where we can add value to our franchisees as well as providing technical assistance.  Read more

Franchise Recruitment

We have an extremely well established franchise recruitment capability and regularly recruit over 50 new franchisees per annum.  Read more

 

Board

 

The Board currently consists of nine Directors who, between them, have substantial experience of franchising. Stephen Hemsley and Nigel Wray have a longstanding and successful track record in investing in and growing franchise businesses dating back to 1999. The Directors also have considerable experience of operating and growing profitable businesses and of investigating acquisition targets.

Stephen Hemsley, Executive Chairman

Stephen co-founded Franchise Brands in 2008. He has long-standing experience in franchising and currently holds the position of Non-executive Chairman, Domino’s Pizza. Having originally joined the then private company Domino’s Pizza as Finance Director in 1998, he led Domino’s to an IPO on AIM in 1999, and subsequently as CEO, he led the business through a period of growth. During his nearly 20-year association with Domino’s Pizza, Stephen has taken Domino’s from a market capitalisation of £25m to around £1.6 billion and membership of the FTSE 250 Index and from around 100 to over 1,000 stores across the UK, Ireland and Europe. He was appointed as a Director of the Company on 15 July 2016.

Chris Dent, Chief Financial Officer

Chris has substantial accounting and financial experience from his time in the profession and as a Finance Director of private and publicly quoted companies. Chris spent 4 years as Finance Director of AIM-quoted 7digital Group plc (formerly UBC Media Group plc) and began his career at Deloitte LLP where he spent 10 years within audit, corporate finance and transactional accounting services. Chris is a Fellow of the Institute of Chartered Accountants of England and Wales. Chris was appointed as Chief Financial Officer of Franchise Brands on 17 July 2017.

Tim Harris, Managing Director, ChipsAway and Ovenclean

Tim is a seasoned franchise professional with 20 years’ experience of successfully developing automotive, commercial and domestic franchise businesses in both international and UK markets. Tim joined the Group in 2008. Formerly Sales Director, Tim was appointed CEO in 2012 and has led the brands through a period of increased profitability and international reach, with Master franchises opened in the Americas and across Europe. Prior to joining the Group, Tim held senior sales positions at a number of franchisor companies including Autosheen, Pitman Training and Jani-King. He was appointed as a Director of the Company on 15 July 2016.

Peter Molloy, Managing Director, Metro Rod

Peter is a seasoned sales professional with over 35 years of management and commercial experience. Peter joined Metro Rod in 2003 and was promoted to the position of Commercial Director in 2005. In this role, he was responsible for national account sales and support. Prior to joining Metro Rod, Peter was Managing Director of Solaglas Replacement Glazing, part of the Saint-Gobain Group, with national responsibility for the network branches, field engineers, call centre and sales and marketing. Peter was appointed Managing Director of Metro Rod on 4 September 2017, and a Director of the Company on 21 March, 2018.

Julia Choudhury, Corporate Development Director

Julia has over 25 years of commercial, finance and investment experience. Julia joined the Group in 2008 and has a particular focus on corporate development, which includes acquisitions. Between 1997 and 2005, Julia held a number of senior management roles with AXA Investment Managers including Strategic Development Director, Head of Marketing, Head of Retail, and latterly Managing Director of AXA Investment Manager’s UK operation. Her early career was spent in Corporate Finance at BZW predominantly in mergers and acquisitions and equity financing. Between 1993 and 1997 she was Product Development Manager and subsequently Assistant Director at BZW Investment Management. She was appointed as a Director of the Company on 15 July 2016.

Colin Rees, Chief Information Officer

Colin is a highly experienced IT professional. He was appointed to the new position of Chief Information Officer on 1 April 2017. Colin was until recently Director of IT at Domino’s Pizza where he was responsible for all IT systems of the business from the point-of-sale system in over 1,000 stores, via the mobile and Web ordering system, through to the recently launched ERP system. He previously held a number of senior IT roles at EasyJet including Head of Software Delivery. Colin started his career at Argos plc and held a number of positions over a 10-year period. He was appointed a Director of the Company on 21 March 2018.

Nigel Wray, Non-Executive Director

Nigel co-founded Franchise Brands in 2008. He is an entrepreneurial investor in both public and private companies. Currently he is a substantial shareholder and Director at Prestbury Investment Holdings Ltd and many other companies. He is also the Chairman and co-owner of Saracens Rugby Club. He is a significant investor in a wideranging number of AIM quoted companies including Avingtrans Plc, Rotala plc, Hunters plc, Tekcapital plc, Reach4Entertainment Enterprises plc and MXC Capital plc, as well as a number of private companies in the domiciliary care, computer network solutions, hotel and restaurant sectors. He is a former director and former significant shareholder in Domino’s Pizza. He was appointed as a Director of the Company on 15 July 2016.

David Poutney, Non-Executive Director

David has over 40 years of finance and investment experience. David is Executive Chairman of Dowgate Capital Stockbrokers Ltd and a Non-executive Director of Be Heard Group plc. From 2001 to January 2016 he was Director and Head of Corporate Broking at Numis Securities Limited during which time he helped establish Numis as a leading institutional stockbroker and corporate adviser to companies on both AIM and the main market. Between May 2014 and February 2016, he was an Executive Director of Numis Corporation plc. In his 20 years as a corporate broker, David was involved in the listings of over 30 companies and advised many through extended periods of growth. In particular, he advised Domino’s Pizza from 2002 to January 2016. He was appointed as a Director of the Company on 15 July 2016.

Rob Bellhouse, Non-Executive Director

Rob is an experienced company secretary with strong commercial experience gained over a period of over 30 years, working mainly in listed companies with a strong focus on governance, compliance and risk management activities. He is currently deputy secretary of a FTSE15 natural resources business, having previously been the company secretary of a number of listed companies including Domino’s Pizza (2015-2016, on an interim basis), Lonmin (2003-2015) and Greene King (1998-2003). Rob was interim company secretary of AIM-quoted Alliance Pharma in 2016-17. He was voted ICSA Company Secretary of the Year in 2014. Rob was appointed as a Director of the Company on 15 July 2016.

 

E: [email protected]
T: 01562 826705
A: Franchise Brands plc, 5 Edwin Avenue, Hoo Farm Industrial Estate, Kidderminster, Worcestershire, DY11 7RA

Nominated Adviser & Joint Broker Allenby Capital Limited
5 St. Helen’s Place
London
EC3A 6AB
 
     
Joint Broker Dowgate Capital Stockbrokers Limited
Talisman House
Jubilee Walk
Three Bridges
Crawley
West Sussex
RH10 1LQ
 
     
Reporting Accountant and 
Auditor to the Company
BDO LLP
Two Snowhil
Birmingham
B4 6GA
 
     
Legal Advisers to the Company Gateley Plc
One Eleven
Edmund Street
Birmingham
B3 2HJ
 
     
Financial Public Relations
Advisers to the Company
MHP Communications
6 Agar Street
London
WC2N 4HN
 
     
Registrars SLC Registrars
42-50 Hersham Road
Walton on Thames
Surrey
KT12 1RZ
 
 

 

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