The Streat, a café chain franchise, has predicted its growth in Ireland will create in excess of 100 jobs in the Munster area over the next three years.
Micheal O’Toole (pictured), The Streat’s Munster-based Master Franchise Owner, said: “The Streat is already a well known brand in Northern Ireland, renowned for healthy, fresh food, and its unique blend of great coffee, friendly and welcoming service and stylish contemporary décor. This winning formula is now being replicated across a growing number of cafes in the Republic of Ireland.”
O’Toole, who lives in Charleville and recently returned from England where he spent almost 20 years as a Retail Director for Specsavers, is looking to develop The Streat café brand in the Munster region. He is actively seeking people who are passionate about owning and running their own business. O’Toole said: “Now is a good time to start a business that has a proven track record as it is now possible to negotiate rents at reasonable rates and the cost of renovating and fitting out a café business is now greatly reduced in comparison to three years ago.
“We plan to open The Streat cafes in all the major cities and towns in the Munster region over the next three years. The areas Cork, Limerick, Waterford, Killarney and Tralee are priorities for us at the moment, however, we won’t rule any location out if we have a suitably interested individual.”
O’Toole sees this opportunity as being a win-win situation, as there will be opportunities for local food producers to supply fresh, wholesome food to The Streat café network. “In addition to the jobs that we will generate in direct employement in the café network,” O’Toole said, “I see a great opportunity for additional employment in the supply chain. This could run into serveral hundred jobs if the potential is maximised.”
With an extensive knowledge of the franchise sector, O’Toole was attracted to The Streat because of its proven track record in Northern Ireland and the fact that three very successful outlets already exist in Dublin. Another outlet in Portlaoise recently celebrated its first successful year, showing continued growth in difficult economic conditions.
The Streat franchising limited is owned by Henderson Foodservice, which is part of the Henderson Group. The group has extensive expertise in the franchise business through its ownership of the Master License for the Spar and Vivo brands in Northern Ireland. “Henderson is adding value to The Streat through its buying power and foodservice expertise,” added O’Toole. The Streat has won numerous awards and accreditations and is the winner of the Franchise of the Year 2010 award.