|By Marketwire .||
|November 6, 2012 08:15 AM EST|
FORT WORTH, TX -- (Marketwire) -- 11/06/12 -- Firemans Contractors, Inc. (OTCQB: FRCN) is the only company with a franchise model positioned to streamline and standardize pavement and parking lot maintenance services for clients nationally, Chief Executive Officer Renee Gilmore said in a radio interview.
Gilmore told theStockRadio.com in an interview aired Nov. 5 that the parking lot maintenance business was "very fragmented" and that "a lot of services that we provide are underserved."
A one-stop shop solution
"We developed a franchise model for parking lot maintenance, striping, pressure washing, and seal coating" that brings "all these services under one umbrella," said Gilmore. "There is nothing and no one, no company that is offering this type of service nationwide to streamline it. For example, for any nationwide retailer or property management company, we would be able to provide the same service for all of their properties across the nation under one company through our franchise system."
Gilmore said that "we're really the only company offering this type of franchise model" which "offers opportunities for small business owners that maybe are already doing this type of trade, or a business person that's looking to start their own business for themselves but not necessarily by themselves."
Advantages of a Niche in parking lot and pavement maintenance services
Gilmore said the business is attractive for three reasons. Its "recession resistant," it's a "repeat business," and it's a "required service mandated by local, state, and/or nationwide ADA [Americans with Disabilities Act] standards."
The company launched its first franchise in July, and the franchise has already reported a net profit margin of 35 percent after its first quarterly review, said Gilmore.
"We hope to close another franchise before the end of the year and hopefully another ten in calendar year 2013."
To hear more about what Renee Gilmore has to say about Firemans Contractors and its franchise development plans, go to theStockRadio.com.
About Firemans Contractors - "Contractors You Can Trust"
Firemans Contractors' professional services include road improvements, pavement maintenance, seal coating, parking lot striping, pavement marking, asphalt maintenance and repair, and ADA compliance. The publicly-traded company, which recently began franchise development program, is a partner in the Veteran Transition Franchise Initiative (VetFran) and donates a percentage of its profits to local Firefighters' Associations.
The company's clients include schools and universities, hotel, restaurant, and retail chains; banks, clinics, food, chemical, property, and facility management companies, and major worldwide corporations.
To learn more about the Firemans Contractors franchise program, visit Firemans Contractors Franchise Opportunities.
TheStockRadio.com is a small-cap research and investment commentary provider that strives for a balanced view of promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. The program provides investors with a first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them.