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Oltco expands franchises by 450% in just under a year since launching recyclable resin driveway to combat plastic waste

Written by Latifa Yedroudj on Tuesday, 25 February 2020. Posted in Franchise

Oltco has 11 franchises across the UK with its latest launch in Liverpool last year Franchising is a lucrative business.

Oltco expands franchises by 450% in just under a year since launching recyclable resin driveway to combat plastic waste
Oltco has 11 franchises across the UK with its latest launch in Liverpool last year Franchising is a lucrative business. Despite post-Brexit uncertainty and Britain’s looming economic forecast, many businesses are still expanding and attracting franchisees from all corners of the country. Oltco, the UK’s leading sustainable resin driveway company, has expanded its franchise operation by 450% in just a year.

Founded in 2004, Oltco began as a small family-run business in Cornwall making resin bound solutions for driveways, patios, balconies, pool surrounds and footpaths. Since then, the company has expanded to over 11 franchises across the UK, including Bath, Ipswich, Lancaster, Colchester, Northwich Cheshire, Plymouth, Derby, Gloucester. In December last year, Oltco opened its 11th franchise in Liverpool.

In 2019, Oltco launched its first recycled driveway solution, called Recycle Bound, to help combat plastic waste. The material is created from waste plastic straws, drink bottles and food packaging already in circulation. Each square metre of Recycle Bound is made up of the equivalent of 3,000 plastic straws - so if the solution was laid on a standard 50 square metre drive, about 150,000 plastic straws would be recycled in the process.

Oltco owes its continued success to its “feel good” ethics, practises, business operations, with the hopes to further expand and welcome more franchisees into its thriving network in 2020.

“Last year was an incredible 12 months for us,” Oltco’s Founder and Co-Director Tom Stringer said. “We won awards, installed hundreds of resin-bound driveways up and down the country and launched Recycle Bound, our amazing product made from plastic straws. It was nonstop and brilliant!

“But more importantly we have welcomed some amazing individuals to the Oltco team across the country which has been really exciting. There are lots of reasons why people are attracted to setting up a franchise with us and we’ve found each person has different reasons. However, they all share our ethos to feel good about the work we do and the decisions we make as well as our passion for quality craftsmanship and delivering excellent customer service.

“We offer fantastic training and support and lots of opportunities to gain new skills and grow the business and we are looking forward to more individuals joining the Oltco family in 2020.”

“We had a fantastic two days with our franchisees. What made it special was their shared enthusiasm and passion for the business - it was infectious,” Co-Director Johnny Pearce added. “Tom and I dreamed of this for years so to see it all in front of us was a dream come true. We are so lucky to work with the best people and hope our success has inspired others to join us - in fact, 2020 is shaping up to be another awesome year for Oltco.”

To find out more about Oltco’s franchise opportunities, visit: https://franchise.oltco.co.uk

About the Author

Latifa Yedroudj

Latifa Yedroudj

Latifa Yedroudj has joined the Elite team to fully immerse herself in the business side of journalism, a strong passion of hers cultivated from young having co-run her mother's start up business since she was 18. Her interests lie in a wide range of subjects, including start ups, business, travel, and anything entrepreneurial she can get her hands on. She has worked for some of the biggest names in journalism including The Guardian and The Mirror. Follow her on @latifa_yed on Twitter for her latest journo rants.

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