Defying the economic meltdown, Wanaka businessman Derek Lilly is launching his New Zealand Dream Doors franchise network this month.
The co-founder of British franchise company Dream Doors Ltd moved to New Zealand in late 2007 and believes business is “not all the doom and gloom” as the media reports.
The first New Zealand Dream Doors franchise was opened in Wanaka in April last year by Eddie Spearing, and that business had met its first-year $200,000 turnover goal within the first six months, Mr Lilly (45) said.
“I believe we could eventually have 50 franchises. I reckon that would take me three years. That’s what it took me in the UK. But it could be sooner,” Mr Lilly said late this week.
Mr Lilly is proud the British company he founded with Troy Tappenden in February 2000 recently reported overall sales in 2008 of 6.2 million (about $NZ17 million). More.