Franchising.net.au:
The 23 year old founder of mini motocross business, braaap, has been named runner up in the Junior Chamber International Creative Young Entrepreneur Award,
recently announced in Osaka, Japan.
At the age of 16, Smith started braaap out of his parent’s garage. At 18 he travelled to China to find his own suppliers and manufacturers and began importing to Australia to sell. The business makes and imports about 2,000 custom motocross bikes a year.
The company now has four stores across Victoria and Tasmania including one franchised operation.
“I’ve got a five year expansion map in place to open around 50 franchise stores across Australia, with the help of [franchising specialist] DC Strategy. I’ve begun negotiations to enter the US market in early 2011,” Smith said.