Enviro-Serv Inc. Announces Joint Venture on Fumigation Services for X-Terminate Pest Management Inc.
April 04 2014 - 7:00AM
Marketwired
Enviro-Serv Inc. Announces Joint Venture on Fumigation Services for
X-Terminate Pest Management Inc.
TAMPA, FL--(Marketwired - Apr 4, 2014) - Enviro-Serv Inc. (ESI)
(OTC: EVSV) today announces that a new joint venture has been
agreed upon for the Company's subsidiary, X-Terminate Pest
Management, Inc., which will increase their fumigation business
revenues up to 1000%.
EVSV Chairman and CEO, Chris Trina, states, "We have worked
diligently to effect a mutually beneficial deal with our new
partner. We are thrilled to have finalized terms together toward
significant success for all involved. We are very pleased with the
potential here and will begin monetizing the partnership almost
immediately.
Although X-Terminate, Inc. holds its Fumigation license, we
specialize in liquid treatments such as orange oil and other
products to eradicate dry-wood termites. We are proud to be the
pioneer in orange oil usage in Tampa Bay and a continued leader,
but it's not nearly enough!" Trina went on to explain, "We
knew we had to utilize our fumigation license to the fullest extent
if we are to double even triple our sales this year forward for
X-Terminate."
Trina noted, "Tampa Bay is the #3 area in the United States for
fumigation treatments and tops many charts for other pest control
needs as well. It's why we acquired X-Terminate in the first place
and why I am so excited about pest control in this area in general.
Last year we gave away vast amounts of fumigation leads for a mere
10% commission which didn't amount to much at all...I mean who's
excited to perform inspections, quote the job and deal with the
sales phase when the entire potential fee is 10% of the quoted job?
I know I wouldn't be that's for sure," Trina exclaimed.
Trina explains the joint venture this way, "There are two ways
to generate revenues when you possess a fumigation license. One way
is to launch your own internal operation, hire a full time crew,
purchase equipment, tarps and very expensive chemicals etc. which
takes huge money and fumigation experience neither which we have
excess of or partner up with one of the local giants who already
have a foot hold in the area."
"We chose to partner with a giant who has not only been in
business in Tampa Bay for nearly four decades but is willing to fly
our X-Terminate colors on all job sites involving fumigation. When
we go out on our free termite inspections we often come across
properties that are so badly infested we cannot offer orange oil
treatments at a fair price but also don't have the ability to sell
the client on a fumigation job either. Instead of missing all that
revenue we NOW will simply quote the job for fumigation treatment
and bring on our experienced reputable partner who charges us
wholesale pricing while we quote retail pricing making the spread.
Last year we made 10% on a job now it's plausible to make 100-150%
on the same job. Now that is very exciting news for our
shareholders!"
Trina concludes, "Shareholders and Investors please don't take
my word for any of this. Dry wood Termites have been on the rise
since 2010 and are only getting worse, as you can see in this
compelling article. This means great potential business for us,
which means great customer service for our clients. We are now
entering the sweet spot of the termite season which should lead to
an outstanding second quarter and growth in overall shareholder
value. I realize that the market wants to see positive news all the
time and that's also our goal. To that effect, we are working
diligently to ensure overall success. I feel strongly that
those shareholders that have been patient will be very well
rewarded and certainly appreciate their support. Further, I am
confident that shareholders will be very pleased with our updates
in the coming days."
Read More about the rise of Termites in Tampa Bay:
http://www.abcactionnews.com/news/region-south-hillsborough/termite-swarming-season-hits-tampa-bay-area-hard
About ESI Enviro-Serv Inc. (OTC: EVSV) is a Tampa based
corporation specializing in providing property maintenance services
in geographically concentrated warm climate states. Through an
aggressive acquisition strategy, the Company is building a
portfolio of highly profitable enterprises that offer year round
services such as pest control management, lawn and landscaping
care, pool maintenance, air conditioning/refrigeration installation
and repairs, and a host of additional onsite maintenance offerings.
Please visit their website at www.enviro-serv.com
Forward-Looking Statements - This press release contains
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Such statements are subject to risks and uncertainties that could
cause future results to differ materially from the forward-looking
statements. You should consider these factors in evaluating the
statements herein, and not rely on such statements. The
forward-looking statements in this release are made as of the date
hereof and Enviro-Serv Inc. undertakes no obligation to update such
statements.
CONTACT: Enviro-Serv Inc. 813-975-7177
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