Successful Dublin Print Team Defy Economic Downturn
Monday, 24 August 2009
The owners of a top-performing Dublin print and design centre have defied the current economic climate to acquire a second business in the city.
Owners of Prontaprint Leeson Street, David and Gayle Foulds, have run the centre since 2004 providing a quality print and design service to wide range of high profile businesses and organisations including the Department of Transport, Bank of Scotland and Investors Trust. The husband and wife team have successfully grown the business over the past five years investing over €400k in digital technology upgrades and introducing new B2B services such as a direct mail capability and large format printing to attract and retain high value blue chip clients.
This week, following the former owners retirement from the business, the duo have added Prontaprint's Tara Street operation to their business portfolio in order to further expand their service offer and client base. Prontaprint Tara Street, which has been operating in Dublin for 10 years, boasts an impressive client list including electrical retailer, Dixons and a four-strong, design-led team.
Following the acquisition, the multi-site operation is now the largest within Prontaprint's Irish network which comprises a further two centres in Dublin and one in Cork. All staff from the Tara Street centre will be retained bringing the total number of employees to 10. Boasting a combined turnover of €1.63m the business now ranks among the top five performing franchises out of Prontaprint's 140-strong network across Ireland and the UK.
Gayle Foulds, who will be based at the Tara Street centre, comments: "Tara Street's strength very much lies in its design capabilities so we're delighted to be in a position to provide an enhanced service to our existing clients at Leeson Street. In addition, the increased print capacity of the combined centres will allow us to target contracts for higher volume print-runs, particularly those that require a rapid turnaround."
David Foulds, who will continue to manage Prontaprint Leeson Street, adds: "We've worked hard over the past five years to maintain our reputation within the B2B sector for service and quality as have the previous owners of Tara Street for their design and large format capabilities. It's a fantastic opportunity for us to be able to offer the best of both centres to the whole of Dublin city centre."
Kealan Lennon, chief executive of On Demand Communications (ODC), which operates the Prontaprint franchise comments: "My experience of the Irish market has shown how trading under a well known and established brand name can have a major impact on the success of a business.
"Ireland is a particularly tough market at present and David & Gayle's achievements highlight how trading under a successful brand, together with the support a franchise offers, has enabled them to grow a profitable business."
Caroline Joyce, head of franchise sales of ODC concludes: "David and Gayle's experience is a great example of how the franchise market continues to hold up well against a backdrop of economic uncertainty. This is a fantastic success story and we are proud of what the team has achieved over the past five years."