WLFI Taps Franchising Veteran to Execute SW Expansion
May 21 2004 - 7:38AM
PR Newswire (US)
WLFI Taps Franchising Veteran to Execute SW Expansion HEATHROW,
Fla., May 21 /PRNewswire-FirstCall/ -- Weight Loss Forever
International (BULLETIN BOARD: WLFI) , announced today that Mr.
Robert Palmer, a 30-year veteran of the franchising industry, will
immediately initiate an expansion program in the southwest U.S.
starting with Maricopa County, Arizona. The announcement reiterates
the company's earlier release this week
(http://www.beverlyhillsweightloss.com/NewsRel.php) that it intends
to aggressively expand into Arizona's major metropolitan markets.
Palmer's first task will be to immediately ramp up the company's
franchising program in Phoenix, Scottsdale, Mesa and Tucson. The
four metro- areas have a combined population of over six (6)
million people immediately exposing the company to one of the most
significant markets in the U.S. WLFI estimates indicate that these
cities, all located in Maricopa County, have the market potential
to support over 30 franchises. "Mr. Palmer has executed high volume
franchising programs numerous times," said Tim Murray, Director of
Communications. Palmer's 30-year franchising background includes:
-- Founding Grease Monkey International in 1978 which has become
the largest independently owned chain of quick lubes in America. --
USA Fast Lube Systems, a regional auto service company that grew to
over fifty franchises with most eventually becoming Texaco Express
Lube outlets. -- Founder of NYNY Franchising Inc.
(http://www.nynyfreshdeli.com/), which currently has the highest
growth rate among food franchises in the country. The "WLFI
Platinum Area Developer" agreement entitles qualified investors to
significant financial incentives, funding resources and franchise
privileges more broad than typical area development agreement. The
entitlements are contingent upon opening numerous franchises
simultaneously according to a rigid timetable that dictates the
area developer must open a minimum of twenty units in a five-year
period. WLFI also has several area developer negotiations underway
in other key major markets. About WLFI Weight Loss Forever
International is a franchise management company currently operating
46 centers under four brands, Weight Loss Forever(R), Beverly Hills
Weight Loss & Wellness(R), Beverly Hills Nutritional
Services(R) and Tammy Phillips Fitness(R). For WLFI Company and
Franchising Information Contact: Mr. Tim Murray at 1-866-244-9534
(WLFI) or http://www.brokerelations.com/
http://www.beverlyhillsweightloss.com/NewsRel.php This release may
contain forward-looking statements that involve risks and
uncertainties, including without limitation, acceptance of the
company's products, increased levels of competition, product and
technological changes, the company's dependence upon financing and
third-party suppliers, and other risks detailed from time to time
in the company's federal filings, annual report, offering
memorandum, or prospectus. Specifications are subject to change
without notice. DATASOURCE: Weight Loss Forever International
CONTACT: Tim Murray of WLFI, +1-866-244-9534 or Web site:
http://www.brokerelations.com/
Copyright