This has led to the decision by his family to sell the Kneelsit business. Kneelsit is a groundbreaking ergonomic computer chair that has been enthusiastically received by users and commended by medical and scientific professionals from major institutions.
The sole purpose of the business at that time was to operate a full-service dry cleaning plant, with quality and customer service playing key roles in the plan of success.
This proved to be a successful formula as within two years the business grew into the 1 Expert Cleaning franchise location in the country. Ina second full-service plant was opened. Expansion continued in as A.
The contract gives A. Ventures the right to further develop the market through franchise sales. Ventures the contract to develop satellite locations within Albuquerque metro area Felgen's Shop 'n Save stores. These sites are excellent as they provide high foot traffic and visibility in one of the area's largest supermarket chains.
Expert Cleaning is dynamic, on-the-move, growing, and in position to become a market leader in retail dry cleaning the Albuquerque metro area within the next decade. Expansion Continues in Three years of networking with shopping center developers and real estate brokers is paying large dividends.
Expert Cleaning has been offered a lease at perhaps the most sought-after retail development to be built in Albuquerque this year.
The demographics and trade area for this site are nothing short of spectacular. The aforementioned location is scheduled to be opened in the second quarter of Furthermore, their son, Alan A. Arnold, joined the management of the company subsequent to graduation from the University of New Mexico in Over the past eight years, management has nurtured and expanded the business by focusing on high-quality dry cleaning and superior customer service.
Furthermore, management has created an enjoyable and challenging workplace for their employees, which has greatly assisted in minimizing employee turnover and training expenses. Currently, the company is training and nurturing several individuals for positions as managers and supervisors at the new location.
Brand Name Creates Advantages The company enjoys several sustainable advantages through the use of the Expert Cleaning brand name. Within the past ten years, franchises have become dominant players in all types of retail industries. A well-known brand name, such as Expert Cleaning, creates a high level of trust among the public.
This not only helps bring more customers into the store, but the company's outstanding reputation "opens doors" with shopping center and land developers. Currently, the company is the only national dry cleaning franchise in New Mexico and is being considered for several sites based solely on the brand name and reputation of Expert Cleaning in New Mexico.
Capital Requirements Management is seeking debt financing to fund the company's expansion. It is important to note that a large portion of the funds needed will be used to purchase equipment. Consequently, financing can be secured with these assets.
The planned locations are scheduled to be built and opened in the 2nd quarter of From past experience, management realizes that construction delays are reasonably possible, thus slowing expansion and the timing for financing. InAmerican Partners, Inc. APIa Nevada corporation and wholly-owned subsidiary of American Partners Cleaners a corporation organized under the laws of the United Kingdomacquired both divisions of the company.
Ventures, dba Expert Cleaning, opened its first location in Albuquerque in late A carefully prepared demographic, customer, and competitor study highlighted the need for a high-quality, competitively-priced dry cleaning establishment in this area.
The results of the research were quickly confirmed as the store made an immediate impact. Within one year, Expert Cleaning was the market share leader of the four dry cleaners on the corner of Major Blvd. These outstanding results propelled A.
Ventures's location to the top of the Expert Cleaning franchise system. Moving away from company-employed franchise sales agents, specific territories and regions were made available for sale to private interests.
Because of the outstanding success of A. As a part of this agreement, A. Ventures is entitled to one-half of the monthly royalty paid by franchisees to the Expert Cleaning Franchise Company.
The Master Franchise Agreement qualifies A. The Master Franchise Agreement was signed inand since that time A.
Ventures has been actively seeking locations which exceed the demographic requirements of the Expert Cleaning Franchise Company. Briefly, the minimum demographic requirements are: Locations under consideration include in-line spaces in strip centers, preferably anchored by a grocery store.As came to a close, Dynamic Discs announced the launch of a new line of discs, which are manufactured in Sweden (alongside Latitude 64 and Westside).
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