Firemans Contractors, Inc. Attracts Investment Interest For Franchise Financing
Explosive Opening Success of First Franchise Drives Opportunity for Firemans to Offer Franchisee Financing - Firemans Franchise Development Financing Initiative
DALLAS, Sept. 5, 2012 // PRNewswire // -- Firemans Contractors, Inc. (OTCBB: FRCN) (OTCQB: FRCN), a commercial contractor offering business to business commercial franchises and services in the pavement maintenance and parking lot maintenance industry, announced today that its first franchisee has experienced an explosive opening – generating revenues in excess of 75% of the franchise cost – in just the first two months in operation; this spurring interest from investors, possibly affording Firemans the ability to provide financing programs to prospective franchisees.
"We expect that every new franchise opened under the Firemans brand can generate revenues substantial enough to cover the initial franchise cost as well as deliver a ROI within the first year of operating a Firemans Contractors' branded franchise," stated Renee Gilmore, CEO of Firemans Contractors. "While it is still a little early to be sure, if the initial two months of our first franchisee's operations is any indication of the brand's overall potential, this franchisee could see a possible ROI in excess of 400% should the current positive momentum continue."
Sources close to the company suggest that interested investors are quite amazed at the initial success of the first franchise launch just two months ago. A spokesperson for the company also indicated that observing investors are equally impressed by the number of prospects having already expressed interest in the Firemans brand. Gilmore herself is in awe of the overwhelming attention Firemans brand is receiving stating, "We'd love to sign up forty franchises in our first year. However we believe strongly in our franchise development team as they strongly advise that we are methodical; building our franchise infrastructure carefully and without undo haste."
Firemans Contractors recently launched its Franchise Development Program that is lead by a team of highly successful experienced franchise development professionals that has successfully facilitated well over 7,000 franchises sales in their 300 cumulative years of franchise industry experience during the course of their careers. Under their direction, the company will intentionally limit the number of new franchises within the company's official first year of franchising its brand. It is intended that this slow growth method will help to ensure that Firemans brand, which is expected to continue garnering interest from franchising prospects nationally, is streamlined, tried, and proven; along with the financing model being vetted and adapted.
Gilmore concluded, "We are currently in the process of exploring our second franchisee prospect opportunity. This deal can possibly be concluded within the next 30 days. Other financing options for our new franchisees can also become a possibility by the time we launch our third or fourth franchise. This is extremely exciting for the growth of Firemans. We believe the reach of our brand, business structure and 'systems' will be multiplied exponentially should we be successful in offering a finance program to our prospective franchisees."
About Firemans Contractors
Firemans Contractors, Inc. (OTCBB: FRCN) is a full-service contractor providing professional services for commercial and government clients, offering Business to Business Franchise Opportunities. Its services include Road Improvements, Pavement Maintenance, Seal Coating, Parking Lot Striping, Pavement Marking, Asphalt Maintenance and Repair, and ADA Compliance. Firemans Contractors has completed its FDD requirements with the Federal Trade Commission and has developed franchise territories across the U.S. The company's goal is to develop hundreds of new franchise locations in the next 24 to 48 months. Firemans Contractors brings a professional value system delivering outstanding results through honorable customer relationships and repeat business. Local firefighters are supported by a portion of profits which are donated to local Firefighter Associations. For more information about Firemans Contractors, visit: www.FiremansContractors.com
Firemans Contractors, Inc.
2406 Gravel Road
Fort Worth, TX 76118
SOURCE Firemans Contractors, Inc.