New owners revitalise Kwik Kopy Bondi Junction after former failure

Kwik Kopy Bondi Junction opened its doors to customers last month to celebrate its re-emergence under new ownership following the collapse under its former boss.

The franchise – regularly one of the network's top performers – had undergone a tumultuous six months since old owner Paul Kasper surrendered his licence amid a mountain of debt.

Now the store has been revitalised under the partnership of Emmanuel Constantinou and Youness Fahim.

Constantinou's background was in design, packaging and event management and he was called in to help build Kwik Kopy Bondi Junction a year and a half ago. He said the former's company problems stemmed back more than five years. "I couldn't help the previous owner with debt because that was not divulged to me."

[Photos: Who was at the party?]

Talking to ProPrint in January, old boss Kasper said: "We were behind the eight-ball from the outset and did what we could to get profitable, but in the end we had been dragging all this debt that caught up with us."

Constantinou said to expect "an extremely successful story for the new company".

"It is all about elevating our quality, ensuring our service is perfect, maintaining communication with our customers and showcasing some of the better stuff that is out there."

All six staff have kept their jobs. "We bought the business for what we thought was fair and reasonable and we have done the right thing by the company, the clientele, the staff and the franchisor."

The centre has a whole new production fleet from Fuji Xerox: a Color J75, a 700i and a D125. Representatives from the digital press manufacturer helped the new company celebrate its grand opening.

[Related: More news about franchises]

This article first appeared in the JULY 2013 issue of ProPrint Magazine

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