Firemans Contractors Signs New Franchisee
Growing Pavement and Parking Lot Maintenance Franchisor Makes Timely Expansion in Southwest
FORT WORTH, TX -- (Marketwire) -- 12/04/12 -- A new Firemans Contractors, Inc. (OTCQB: FRCN) franchise is opening in Texas, the company announced today. The new business adds to Firemans' growing brand as a model of integrity and reliability in the pavement and parking lot marking and maintenance industry.
Renee Gilmore, chief executive officer of Firemans Contractors, said Jeremy and Melissa Ellis of North, Texas, purchased the franchise for Firemans Station 2, the latest independent entrepreneurs to take advantage of Firemans' relatively low startup cost and reputation for high-quality service.
Jeremy Ellis, a father of two with twelve years of experience owning and operating successful small business ventures, said, "We have been praying for an opportunity like this; it's something we are proud to be a part of. The most attractive part of this franchise for us is all the support and training we get and the ability to tap into a proven system."
A Good Time to Enter a Recession-Resistant Business
"We applaud their timing and entrepreneurial spirit," said CEO Gilmore. "This is a good time for this recession-resistant business. Mr. and Mrs. Ellis are entering the pavement and parking lot maintenance business as governments and businesses are turning their attention to needed highway and parking lot improvements."
Gilmore added, "Our first franchise, Firemans Station 1, opened in the Dallas-Fort Worth Metroplex in July, and within just two months of operation had earned more than three-fourths of the franchise cost."
"The new franchise owners will have the benefit of Firemans' trusted brand and operating system, a training program, and the support of the experienced Firemans team," said Gilmore.
Firemans Station 2 began its operations this month in North Texas with a ribbon-cutting ceremony to occur mid January, said Gilmore. The contract was official on Nov. 28.
About Firemans Contractors -- "Contractors You Can Trust"
Firemans Contractors, a publicly-traded company founded by a firefighter in 2009, provides road and pavement improvement, maintenance, and repair services to commercial and government clients in Texas and across the country. The franchisor benefits from significant repeat business from large property-management companies and Fortune 500 clients. Firemans recently landed contracts with a major client leading the industry in acquiring parking assets and managing more than $2 billion worth of public and private parking facilities.
Firemans Contractors' services include Road Improvements, Pavement Maintenance, Seal Coating, Parking Lot Striping, Pavement Marking, Asphalt Maintenance and Repair, and Americans with Disabilities Act (ADA) compliance.
The company, a member of the International Franchise Association, is a partner in the Veteran Transition Franchise Initiative (VetFran) assisting veterans interested in small business ownership. Firemans supports firefighters by donating a portion of its profits to local fire departments.
Learn more about the Firemans business-to-business franchise program at http://www.firemans-contractors.com/franchise/firemans-contractors-franchise/
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. Additional information respecting the factors that could materially affect the Company and its operations are contained in its annual report on Form 10K and Form 10-Q as filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statement.
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