Coffee Republic plc ('Coffee Republic' or 'the Company'), the independent coffee
and deli bar operator, announces that agreements have been reached with CR
Coffee Houses Limited ('CR Coffee Houses') for the Master Franchise Agreement
('MFA') for Northern Ireland and Eire and with East Coast Traders Ltd ('East
Coast Traders') for the UK Regional Development Franchise ('RDF') for the
territory of East Anglia. The RDF covers the counties of; Norfolk, Suffolk,
Essex, Cambridgeshire and Bedfordshire and the Unitary Authorities of Luton and
Peterborough.
Robert Mooney and Siobhan Mooney of the Mooney Hotel Group are taking the Master
Franchise Agreement as a new venture drawing on their experience in the Irish
service sector. They are looking to open their first outlet in the Abbeycentre
Belfast in the coming weeks.
Robert Mooney said:
'We are delighted to bring the quality international brand 'Coffee Republic' to
the Irish consumer. With continuing economic growth and leisure expenditure,
the Irish market and Coffee Republic will make for a perfect blend.'
Commenting, Steven Bartlett, CEO of Coffee Republic, said:
'Ireland is a crucial market for Coffee Republic and we look forward to
introducing the Coffee Republic brand in this dynamic economy. We are sure that
this is a precursor to an exciting period of global expansion'
