TL;DR
Retail Food Group has signed a Master Franchise Agreement to expand Gloria Jean's Coffees in Germany with the Winkel Group, which plans to open 40 outlets in the next five years. The agreement has an option to expand from 10 to 20 years.
Retail Food Group, the global food drink based in Australia, has signed an important Master Franchise Agreement to significantly expand the footprint of Gloria Jean’s Coffees in Germany. Set to open 40 Gloria Jean’s outlets in Germany in the next five years are the Winkel Group, which was created by Veysel and Mehmet Akyel and Mustafa and Yavuz Eyice.
The new master franchisees have an option to expand their current 10-year agreement to 20 years. RFG operates in over 50 markets across Europe, North and South America, Middle East, Asia and the South Pacific and has announced Gloria Jean’s agreements for the UK, along with the expansion of its Donut King and Crust Gourmet Pizza Bar brands (also in the UK) and Donut King growth in Sweden.
In this story
This story was originally published by Global Franchise Team in Global Franchise on April 18, 2018. Burnaze summarizes and links to the original reporting.
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