| City Wide Franchise News
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City Wide Franchisees to Enjoy Expanded Royalty Rebate Program |
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| Company Creates Program to Incent, Reward High Growth from Within | ||||||||||||
Release date: June 11, 2008
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(Lenexa, KS) June 11, 2008 – City Wide Franchise Company, the country’s leading sales and management company in the building maintenance industry, announces a new Royalty Rebate Program for its franchise owners. Currently, City Wide franchise owners pay a 5% Royalty on gross revenues. Effective immediately, City Wide will offer a Royalty Rebate Program that includes a 40% Rebate on annual revenues over $5 million, a 60% Rebate on annual revenues over $10 million and an 80% Rebate will apply to annual revenues exceeding $15 million. This effectively means a City Wide franchise owner will pay only a 1% Royalty on annual revenues exceeding $15 million. “Our most recent Fran Survey results show 92% of City Wide franchise owners rate the growth potential of their business as ‘very good’ or ‘excellent,’” said Jeff Oddo, President of City Wide Franchise Company. “Creating a Royalty Rebate Program is a proactive plan to both incent and reward high growth within our City Wide franchise family. I can’t wait to hand out checks every year at the annual City Wide Franchise Convention!” City Wide Franchise Company offers a professional sales and management franchise opportunity within the building maintenance industry. City Wide utilizes a unique business model to cross-sell and deliver 20+ services to its commercial clients, including janitorial, carpet cleaning, window washing, parking lot maintenance and tenant improvements. City Wide is the “Total Solution” to its clients for building maintenance services. City Wide focuses exclusively on the professional, B2B market by capitalizing on the growing business trend of “outsourcing.” Auto-renewing contracts offer compounding growth within a virtually recession-proof industry. The City Wide franchise model requires few employees to operate the business and requires little to no inventory or equipment investment. City Wide Maintenance was founded in Kansas City, MO by Frank Oddo in 1959 and is now a national organization with multiple franchise locations. Current President, Jeff Oddo, second generation owner of the family business, began franchising the company’s business model in 2001. City Wide is a national company with locations in San Diego CA, Orange County CA, Denver CO, Jacksonville FL, Atlanta GA, Indianapolis IN, Minneapolis MN, St. Louis MO, Charlotte NC, Omaha NE, Newark NJ, Cincinnati OH, Columbus OH, Cleveland OH, Nashville TN, Austin TX, Dallas TX, Houston TX, San Antonio TX and Lenexa KS.
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