TSX-V Trading Symbol: FSN
RIDGELAND, MS, March 18, 2015 /CNW/ - FRANCHISE SERVICES OF NORTH AMERICA INC. ("FSNA" or the "Company") (FSN.V) announced today the opening of the U-Save Car & Truck Rental location in Newark, New Jersey. The new location will provide car and truck rental for travelers at the Newark airport. The new franchise in New Jersey is one of four locations that opened earlier this year. U-Save continues to build the brand and expand their footprint around the U.S. in key markets.
"We are extremely excited about our franchisee Dustin Valenti expanding the U-Save Brand to service the Newark Liberty International Airport, one of the Top 15 U.S. airports. Consumer demand for a reliable, cost-effective and customer-focused car rental brand is the major focal point of the company's effort to expand the U-Save brand domestically and internationally." Brad Kjar, Director of Operations
FSNA is a publicly traded company listed on the TSX Venture Exchange. The Company and its subsidiaries own the following brands: U-Save Car & Truck Rental® ("U-Save"), U-Save Car Sales, Rent-A-Wreck® of Canada, PractiCar®, Auto Rental Resource Center ("ARRC"), Xpress Rent A Car, Sonoran National Insurance Group and Peakstone Financial Services.
U-Save, together with its subsidiary ARRC, has over 900 locations throughout the United States and is one of North America's largest franchise car rental companies. U-Save currently services 19 airport markets in 13 different states. Although primarily based in the United States, U-Save has 18 international locations in Mexico, Greece, the Middle East, Latin America, and the Caribbean.
Practicar Systems Inc. owns the rights to the Rent-A-Wreck and the PractiCar trademarks for all of Canada. The Rent-A-Wreck system operates a network of 61 franchise locations from coast-to-coast in Canada, providing a range of vehicle rental, leasing and sales options to its customers. The Rent-A-Wreck system has been in continuous operation in Canada since 1976.
With more than 150 years of combined insurance experience, Sonoran National Insurance Group is licensed in all 50 states and serves customers in every part of the country. Sonoran provides an entire range of business and personal insurance solutions customized to the needs of its clients.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Franchise Services of North America Inc.
For further information: on FSNA or any of its operating subsidiaries, please contact: Thomas P. McDonnell, III, Franchise Services of North America Inc., (601) 713-4333