Fireman's Contractors, Inc(OTCBB:FRCN), a Fort Wo
Post# of 7008
Posted On: 03/31/2012 8:10:49 AM
Fireman's Contractors, Inc 
OTCBB:FRCN), a Fort Worth, Texas-based full-service contractor providing professional services for commercial and government clients. The company currently offers a wide array of services related to exterior painting, road improvements, pavement maintenance, seal coating, parking lot striping, pavement marking, asphalt maintenance and repair, and ADA Compliance.
OTCBB:FRCN), a Fort Worth, Texas-based full-service contractor providing professional services for commercial and government clients. The company currently offers a wide array of services related to exterior painting, road improvements, pavement maintenance, seal coating, parking lot striping, pavement marking, asphalt maintenance and repair, and ADA Compliance. The company is relatively new to the market and still yet to be exposed. It is not one of those sexy life changing technology companies, but it is a nuts and bolts business that have one of the best growth revenue percentages you can find.
FRCN started 5 years ago with the first year revenue of approximately $120,000, second year revenues of approximately $280,000, third year of approximately $520,000, four year of approximately $710,000 and this year is estimated at $1,400,000 (they have done in the last 6 months, what they did all of last year !!! Earnings are low yet due to the costs of going public, having franchise attorney (best in US) to file all the docs in 30+ states, and hiring experienced franchise development professionals (well over 7,000 franchise sales and have more than 300 cumulative years of franchise industry experience.)
The company has big plans to open up to 300 franchises in the 24 months. All the Franchise docs was been filed and approved) FRCN has been inundated with a number of calls from Fireman and "handyman" contractors interested in purchasing a franchise in a company with a proven business plan in this high growth opportunity “nuts-and-bolts” business. With a 4-6% royalty and 300 franchises being sold at an average price of $85,000 per franchise will give FRCN over $25,000,000 in revenue alone. By multiplying that revenue ten times this will give FRCN a $250 million market cap.
All the Franchise docs was been filed and approved) FRCN has been inundated with a number of calls from Fireman and "handyman" contractors interested in purchasing a franchise in a company with a proven business plan in this high growth opportunity “nuts-and-bolts” business. With a 4-6% royalty and 300 franchises being sold at an average price of $85,000 per franchise will give FRCN over $25,000,000 in revenue alone. By multiplying that revenue ten times this will give FRCN a $250 million market cap. As Fireman’s Contractors begins to leverage franchises to further generate revenue, coupled that with steady growth makes this is one sexy nut-and-bolts company with tons of upside potential.
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