$SPMI MIGHT WANT TO LOOK AT THIS. .0019
THIS IS A GIFT AT THIS LEVEL.
Once trading in the multiple pennies. Was a recipient of Smart Business 2012 WORLD CLASS Customer Service Award and remember this company was once named one of Georgia's 100 TOP PUBLIC Companies and ranked NUMBER 1 in Revenue Growth per Atlanta Journal Constitution. A list that includes country's most recognizable and respected companies like home depot, coca cola, etc. Again all this from the old one dimensional emissions testing business model.
Even though the business plan was flawed, still generated almost 10 million dollars a year. WHen a car fails its safety and testing, the company direct them to other companies that will do repairs. Now the company will start handling repairs of many sorts. More revenue streams. A lot of SPMI's stores were closed not only because they were under performing, but imo also because they were not structured/physically able to converted into emission repair centers or a full conversion to complete car care centers. SPMI already piloted the idea of expanding the business plan and adding a new revenue channel by not only testing emissions, but also providing on-site emission repair, as well other light automotive repair. The first "emissions repair" store in Atlanta has performed ABOVE PROJECTIONS. Thus, they have since opened a second Atlanta location along with one in Houston.
This new store concept, will allow SPMI to move into the $307 billion automotive aftermarket. Coupled with the Speedemissions existing markets, it will allow them to grow the company into more of the 22 states they were already approved to be franchised in.