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Sunday / May 26.
HomeminewsSpecsavers Timaru Success

Specsavers Timaru Success

It has been 18 months since Specsavers brought its franchise model to Australian and New Zealand and the company is now hailing its entry into the market as a huge success.

One store in particular, Specsavers Timaru on the South Island of New Zealand, turned over a staggered NZD$80k in only its fourth week of opening.

Soon to be released advertisements show that, net of GST, in its first four weeks, takings were NZD$60k, NZD $62k, NZD $72k then NZD$80k. For the year prior to the switch, the practice had been averaging NZD$38k per week as a Visique franchisee.

Owner Nigel King confirmed the figures saying: “Our first month performance has exceeded expectations five fold and so we are absolutely delighted by the results.”