
FRCN News
   
 
 Rebounding Consumer Spending And Small Business Lending Signal Growth For Firemans Contractors Franchises 
  
 
   
  2012-10-18 08:57 ET - News Release
     Pent-up demand for pavement maintenance and repair creating jobs and openings for new franchise business nationally.    FORT WORTH, Texas  ,  Oct. 18, 2012   /PRNewswire/ -- Firemans Contractors, Inc. (OTCBB: FRCN) (OTCQB: FRCN); A rebound in consumer spending is spurring businesses and retailers to focus on parking lot and pavement maintenance, creating opportunities for  Firemans Contractors franchise owners  .   (Logo:  http://photos.prnewswire.com/prnh/20120920/DA77955LOGO  )    Renee Gilmore  , CEO of the  Fort Worth  -based company, which provides road and pavement improvement, maintenance, and repair services to commercial and government clients in  Texas   and across the country, says "the renewed interest in maintenance and repair, coupled with record lending to small businesses, are ideal conditions for new Firemans Contractors franchisees, veterans especially."   "Our first Firemans Contractors franchise opened only a little over three months ago and within just two months of operation had already generated revenues in excess of 75% of the franchise cost," Ms. Gilmore continued. "This is extremely encouraging for new franchise owners, especially when considering the relatively  low cost   of starting up a Firemans Contractors franchise."    Firemans Contractors  , a publicly-traded company founded by a  Texas   firefighter, Mr.  Aaron Gilmore  . "Benefits from a respected brand and a reputation for high-quality service and reliability results in repeat business, significantly from large property-management companies and Fortune 500 clients, those increased from 67% to 89% between fiscal 2011 and 2012. More than 20% of Firemans Contractors revenues in fiscal 2012 came from Fortune 500 companies, including major retailers and other businesses that are now looking to bring their properties back to code," Mr. Gilmore says. 
 
 
 
 
 
 
 
 
 
 
   
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