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
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.