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Franchise News Release: ST. LOUIS, MO - (Jul-19-2005) ProSource Announces 13 New Franchise AgreementsTop Wholesale Flooring Franchise Responds to Construction Spending Boom ProSource Wholesale Floorcoverings, one of the largest professionals-only flooring wholesalers in North America, announced today 13 new franchise agreements to meet the growing demand for flooring products. Since opening their first showroom in 1990, ProSource has experienced significant growth, and is now one of the top five largest wholesale floor covering distributors in the United States. Adding to their current network of more than 150 locations, the company has signed 13 new agreements in the following cities: · Phoenix West, AZ · Rockford, IL · Boca Raton, FL · Ocala, FL · Port Richey, FL · Pensacola, FL · Pompano Beach, FL · Columbia, MD · Rockville, MD · Houston, TX (two agreements) · Dulles, VA · Bellevue, WA While most of the locations are in new markets for ProSource, the two new agreements in the Houston market will make a total of four in the area, and the Phoenix West agreement marks the third in the market. In addition, ProSource expects to add 20 locations to their system every year for the next five years, capitalizing on the construction boom, as construction spending is expected to reach $448 billion nationally in 2005. “The rapidly increasing demand for flooring products that comes with construction spending has brought on an exciting growth period for ProSource. We are thrilled about signing these agreements to meet the markets’ needs,” said Mark Jameson, vice president of franchise development for ProSource. “This is a lucrative opportunity for the area’s entrepreneurs to become part of an industry boom.” All of the new franchise locations are scheduled to open by January 2006. Showrooms will be as large as 20,000 square feet and hold the industry’s largest and most diverse floor covering selection. Showrooms integrate convenient traffic flow and generous workspace to maximize product sales, and make conducting business most efficient and convenient for their members. About ProSource Wholesale Floorcoverings ProSource is the #1 professionals-only flooring showroom franchise in North America. With more than 150 showrooms in the United States and Canada, and $3 billion in annual buying power among its affiliates, ProSource guarantees professionals the largest selection of name brand flooring at the lowest price. Each showroom offers more than 20,000 flooring choices, including carpet, vinyl, ceramic tile, natural stone, laminate and wood products from the world’s leading manufacturers. Showrooms are available exclusively to trade professional members and their clients. |
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| Prosource Announces Aggressive Expansion In 2006, Record-Setting 2005 - Feb 16,2006 |
| ProSource Announces 13 New Franchise Agreements - Jul 19,2005 |
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