February 09, 2012
Franchise News Watch

Your Home Services Franchise Financial News Source

Franchise News Watch brings you the latest in home services franchising financial news from around the web. As a news aggregator for the home services franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.

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Home Services Franchise Financial News

Realogy Announces Pricing Of Its Offering Of Two Series Of Senior Secured Notes

Realogy Corporation (the "Company") announced today that it priced $593 million aggregate principal amount of 7.625% senior secured first lien notes due 2020.

Realogy Announces Proposed Offering Of Two Series Of Senior Secured Notes

Realogy Corporation (the "Company") announced today that it is proposing to issue approximately $593 million aggregate principal amount of senior secured first lien notes due 2020.

FirstLight HomeCare

FirstLight HomeCare Exceeds Benchmarks in Ultra-Competitive Industry

Cincinnati-based FirstLight HomeCare can attest to this growth as the company continues to gain market share and exceed the highest industry benchmarks in this ultra-competitive industry with the addition of three to four new markets each month.

Realogy Enters Into Agreements To Amend And Extend Apple Ridge Securitization Facility

Realogy Corporationannounced today that it and its subsidiaries have entered into agreements to amend and extend the existing Apple Ridge Funding LLC securitization program utilized by the Company's relocation services operating unit, Cartus Corporation.

Ace Hardware Reports 2008 First Quarter Financial Results

Ace Hardware Corporation, the world's largest retailer-owned hardware cooperative, today reported net income of $10.8 million for the first quarter of 2008, which was a decrease of $3.3 million, as compared to the $14.1 million for the first quarter...

Realogy Completes Offering of Two Series of Senior Secured Notes

Realogy Corporation (the "Company") announced today that it successfully completed its previously announced private offering of $593 million aggregate principal amount of 7.625% Senior Secured First Lien Notes due 2020.

Realogy's Existing Home Sale Results Remain Unaffected After Nar Issues Downward Revision Of National Existing Home Sales Survey Data

Realogy Corporation, a leading provider of real estate and relocation services, today reiterated that the National Association of Realtors' (NAR) downward revision of national existing home sale survey data from 2007 to present day will have no impact on.

Maid Brigade Inc.'s 2011 Sales Up More than Seven Percent Year-to-Date

Maid Brigade's 2011 sales continue to climb with year-to-date same store sales through the third quarter up 5.3 percent over the same period last year.

Homewatch CareGivers Records 32 Percent Revenue Growth in 2008

Homewatch CareGivers announced record-setting growth for 2008 as domestic sales revenue increased 32 percent over the previous year and overall revenue grew 20 percent over 2007, announced President Leann Reynolds.

Ace Hardware Announces Restated Financial Results For 2004 – 2006

Ace Hardware Corporation reported that it has successfully restated its previously issued financial statements for the fiscal years ended 2006, 2005 and 2004.

Realogy CFO Tony Hull's Response on S&P Outlook

On March 27, Standard and Poor's rating agency service affirmed Realogy's "B" corporate rating, but revised its outlook from "Stable" to "Negative."

Suburban Propane Partners, L.P. Announces Results for Third Quarter Following its Eighteenth Distribution Increase

Suburban Propane Partners, L.P. (the "Partnership") (NYSE: SPH), a nationwide distributor of propane gas, fuel oil and refined fuels and related products and services, as well as a marketer of natural gas and electricity, today announced results for...

U.S. Lawns Honors Million-Dollar Club Members

Thirty three owner operators of U.S. Lawns commercial landscape-management franchises reached a significant company milestone by topping the million dollar mark in sales in the latest fiscal year, the company announced today.

HomeVestors and Local Market Monitor Ranking Reveals Best Markets to Invest in Rental Property

HomeVestors of America, Inc., known as the "We Buy Ugly Houses(R)" company, and Local Market Monitor, Inc., a leading forecaster of real estate markets, today released the Third Quarter 2011 update of the "HomeVestors-Local Market Monitor Best Markets to

Maid Brigade Inc.'s August Sales Continue Upward Momentum

For the eighth consecutive month, Maid Brigade Inc., the leading green cleaning service franchise, demonstrates positive sales growth.

Realogy Reports Results for Second Quarter 2008

Realogy Corporation, a global provider of real estate and relocation services, today reported results for the second quarter 2008.

Century 21 System Raises Over $1.8 Million for Easter Seals in 2010

Century 21 Real Estate LLC, the franchisor of the world's largest residential real estate sales organization, today announced that its brokers and agents raised more than $1.8 million in 2010 on behalf of Easter Seals

RE/MAX Reports Home Sales Activity in Metro Chicago Real Estate Market Rose 19.3% in the Third Quarter After Posting 12.6% Gain in September

Home sales in the seven-county metropolitan Chicago real estate market continued their third-quarter surge in September.

Realogy Reports Results for Full Year 2009

Realogy Corporation, a global leader in real estate and relocation services, today reported results for the year ended December 31, 2009. Realogy had 2009 net revenue of $3.9 billion, a net loss attributable to the Company of $262 million, and earnings...

ServiceMaster Clean

ServiceMaster Reports Second Quarter 2009 Results

The ServiceMaster Company recently reported its second quarter 2009 financial results through the filing of its Form 10-Q and Form 8-K. Additionally, the Company has scheduled a conference call to discuss its second quarter 2009 financial and operating...

Suburban Propane Partners, L.P. to Hold Fiscal 2008 Fourth Quarter/Year End Results Conference Call

Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity, today announced that it has scheduled its Fiscal 2008 Fourth Quarter...

Ace Hardware Reports 2007 Financial Results

Despite the decline in the U.S. housing market and overall economy, Ace Hardware Corporation reported wholesale revenues of $3.97 billion for the year ending December 29, 2007, which was a $39.4 million, or 1.0 percent increase, over the $3.93 billion...

ServiceMaster Clean

ServiceMaster Reports Second Quarter 2011 Financial Results

The ServiceMaster Company recently reported its second quarter 2011 financial results through the filing of its Form 10 Q and Form 8 K.

Realogy Corporation to Release Fourth Quarter and Full Year 2007 Results on March 20, 2008

Realogy Corporation, a global provider of real estate and relocation services, will release its financial results for the fourth quarter and full year ended December 31, 2007 after the close of business on March 20, 2008, at which time it expects to...

Realogy Reports Results for Second Quarter 2010

Realogy Corporation, a global leader in real estate and relocation services, today reported results for the second quarter ended June 30, 2010. Realogy's net revenue for the second quarter of $1.3 billion increased 23% compared to the same period in 2009.

Realogy Reports Results for Second Quarter 2009

Realogy Corporation, a global provider of real estate and relocation services, today reported results for the second quarter of 2009. The Company had second quarter 2009 net revenue of $1.0 billion, a net loss of $15 million and earnings before...

Realogy Corporation Announces Minority Equity Investment in CENTURY 21 China Real Estate

Realogy Corporation, a global provider of real estate and relocation services, today announced that it has made a minority equity investment in CENTURY 21 China Real Estate, an independently owned company that serves as the master franchisor for...

ServiceMaster Clean

ServiceMaster Announces $1.3 Million Commitment to Shane Battier Minority Scholarship Program

ServiceMaster announced today that it has committed $1.3 million over four years in direct grants and private financing to its Shane Battier Franchise Scholarship initiative, as part of its continuing pledge to diversity, business development...

Clockwork Home Services(R) Reports Franchise Growth For First Quarter Of 2009

Clockwork Home Services (Clockwork) today announced franchise growth for the first quarter of 2009 within its portfolio of nationally branded home services companies. During the period from January through March, 2009, Clockwork added 21 new plumbing...

Realogy Reports Results for Third Quarter 2008

Realogy Corporation, a global provider of real estate and relocation services, today reported results for the third quarter of 2008. Specifically, the Company had third quarter 2008 net revenue of $1.3 billion, earnings before interest, income taxes...

Suburban Propane Partners, L.P. Announces Solid First Quarter Earnings Following Distribution Increase

Suburban Propane Partners, L.P. (the "Partnership") (NYSE: SPH), a nationwide distributor of propane gas, fuel oil and refined fuels and related products and services, as well as a marketer of natural gas and electricity, today announced improved...

Realogy Reports Results for First Quarter 2008

Realogy Corporation, a global provider of real estate and relocation services, today reported results for the first quarter 2008.

Suburban Propane Partners, L.P. Declares $0.05 per Common Unit Increase in Annualized Distribution Rate to $3.05 per Common Unit

Suburban Propane Partners, L.P. (NYSE: SPH), a distributor of propane gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity, today announced that its Board of Supervisors declared the sixteenth increase...

Realogy to Release Full-Year 2010 Financial Results and Host Webcast on March 4

Realogy Corporation will release its full-year 2010 financial results and file its annual report on Form 10-K for the year ended December 31, 2010 on Friday, March 4, 2011.

Clockwork Home Services(R) Reports Franchise Growth for Second Quarter 2009

Clockwork Home Services, Inc. (Clockwork) today announced franchise growth for the second quarter of 2009 within its portfolio of nationally branded home services companies. During the period from April through June 2009, Clockwork added 23 new...

Showhomes, a Franchise Company, Beats Franchise Sales Goal for 2nd Year in a Row

Despite the turmoil and uncertainty of the national economy, a Nashville-Tenn.-based home staging franchisor Showhomes is beating its corporate sales goals and expanding rapidly into urban markets all over the country.

Realogy Announces Commencement of Exchange Offer

Realogy Corporation, a leading global provider of real estate and relocation services, announced that it has commenced its exchange offer to all holders of its $1,700,000,000 principal amount of Senior Notes due 2014, $550,000,000 principal amount of...

easyhome Ltd. Reports Second Quarter 2008 Results and Announces Agreement to Acquire Insta-Rent Inc.

easyhome Ltd. (TSX:EH), Canada's leading merchandise leasing company, today announced its results for the second quarter ended June 30, 2008.

Economic Recession Leads to Double Digit Growth

As the United States heads toward an economic recession, the lawn care industry remains a strong market.

easyhome Ltd.: Reports Second Quarter 2009 Results

easyhome Ltd. (TSX:EH), Canada's leading merchandise leasing company, today announced its results for the second quarter ended June 30, 2009.

Suburban Propane Partners, L.P. Announces Full Year and Fourth Quarter Results

Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity, today announced results for its fourth quarter and fiscal year...

Suburban Propane Partners, L.P. Announces Strong First Quarter Earnings Following Twentieth Distribution Increase

Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, today announced earnings for its first quarter ended December 27, 2008.

Clockwork Home Services(R) Reports Franchise Growth for Fourth Quarter and Full Year in 2007

Clockwork Home Services (Clockwork) today announced its fourth quarter and full year franchise growth for 2007. During the fourth quarter period from October 1, 2007 through December 31, 2007, Clockwork added a total of 36 new plumbing, air...

V2K Executes $6.1 Million Financing Term Sheet from Strategic Investment Partner

V2K International, Inc. (OTC Bulletin Board: VTOK), announced today that it has received and executed a $6,100,000 financing term sheet from Amerivon Holdings, LLC.

V2K Announces Increased Franchise Sales in Canada

V2K International, Inc. (OTC Bulletin Board: VTOK), announced today that 25% of the franchise locations opened this calendar year by its wholly owned subsidiary, V2K Window Fashions, have been in Canada. V2K currently has franchises operating in...

Suburban Propane Partners, L.P. Announces Improvement in Third Quarter Results Over Prior Year

Suburban Propane Partners, L.P. (the "Partnership") (NYSE: SPH), a nationwide marketer of propane gas, fuel oil and related products and services, today announced improved results for the three months ended June 30, 2007 over the prior year quarter.

easyhome Ltd. Reports Third Quarter 2008 and Year-to-Date Results

easyhome Ltd. (TSX:EH), Canada's leading merchandise leasing company, today announced its results for the third quarter ended September 30, 2008.

V2K International Announces Second Quarter Results

V2K International, Inc. (OTC Bulletin Board: VTOK) announced today a loss of $119,420 for its fiscal 2008 second quarter ended March 31, 2008.

Suburban Propane Partners, L.P. Declares $0.15 per Common Unit Increase in Annualized Distribution Rate to $3.00 per Common Unit

Suburban Propane Partners, L.P. (NYSE: SPH), a marketer of propane gas, fuel oil and related products and services nationwide, today announced that its Board of Supervisors declared the fifteenth increase (since the Partnership's recapitalization in...

Realogy to Release Third Quarter 2008 Financial Results on November 5 and Host Conference Call on November 7

Realogy Corporation, a global provider of real estate and relocation services, will release its financial results for the quarter ended September 30, 2008 after the close of business on Wednesday, Nov. 5, 2008.


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Features & Special Reports

"The Proven Match" for Finding Qualified Franchisees Debuts on Franchising.com Ad Portal

Proven Match has teamed up with Franchise Update Media Group (FUMG) to give results-driven franchisors a cost-saving profiling service that delivers pre-qualified candidates.

Restaurateur Extraordinaire: Sam Covelli Does It With More Than 200 Locations

Sam Covelli says he grew up in the restaurant business working in his father's McDonald's.

Running For Charity: Colortyme Franchisee Raises Money And Awareness For Children's Hospital

This April will mark the third year in a row that Al Coelho has run the 26-mile Boston Marathon. That's a significant achievement. But it's only a part of what Coelho will do that day.

Turning Up The Heat: Learning How To Handle Irate Customers And Look Like A Hero

Irate customers. No matter how good you are at what you do, what business you are in, or where it is located, you will at some point find yourself facing an irate customer.

Sustaining Business: Zane Tankel On Growing During Tough Times

As the economy continues to struggle through a slow recovery, business people everywhere are looking for any tools or techniques that will help them keep their businesses alive and thriving.

Creating a Cost-Effective Lead Generation Strategy

For many franchisors, the traditional advertising vehicles - portals, print advertising, PR, and broker networks - do not appear to be working as effectively as they were five years ago.

New Highlights from the 2012 AFDR

In the previous two issues of FUSR, we published (1) a high-level overview of the 2012 Annual Franchise Development Report (AFDR), followed by (2) a selection of highlights from the report.

Finding Your Optimal Buyer: Sellers Must Learn To Look Beyond Price

When sellers are contemplating a decision regarding the sale of their business, they overwhelmingly select the bidder with the highest price, only to find afterward that this might not have been the best decision for their circumstances.

The Four Steps to Lead Generation Success, Part 4: Wow 'Em!

This fourth installment builds on those ideas, showing how you can "wow" your candidates and the importance of how you present your concept to them.

The Winner's Column - February 2012

As savvy franchise companies continue to flourish in a volatile economy, FUSR continues to bring you good news each month, highlighting brands that are adding units, increasing comp store sales, striking deals with investors, innovating, and continuing to grow, whether domestically or overseas.

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