Franchise Services of North America Inc.announced today the signing of a U-Save Master Franchise Agreement for the Country of Mexico, a new U-Save airport franchise in Colorado Springs, Colorado, and a new Rent A Wreck franchise in Gormley, Ontario.
The Gormley and Colorado Springs locations will open immediately; Guadalajara and Puerto Vallarta, the first two operating locations under the Mexico Master Agreement, are expected to begin operating under the U-Save brand later this spring.
We are extremely excited about these new franchise locations and the continued development of the system. The original business model called for the company to focus its growth efforts on operating in the top 30 airports in North America.
Whereas the company has made good progress in reaching those goals in the first year since becoming a publicly traded entity, the interest in the U-Save brand internationally and from the top 50 airports has been very promising and we continue to pursue these opportunities as well.
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