Weight Loss Forever (NASDAQ:WLFI)
Historical Stock Chart
From Jun 2019 to Jun 2024
![Click Here for more Weight Loss Forever Charts. Click Here for more Weight Loss Forever Charts.](/p.php?pid=staticchart&s=N%5EWLFI&p=8&t=15)
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/