SOURCE: SIB Fixed Cost Reduction Company, LLC

SIB Fixed Cost Reduction

October 28, 2014 10:07 ET

SIB Fixed Cost Reduction Announces New Service for 7-Eleven Franchisees

CHARLESTON, SC--(Marketwired - October 28, 2014) - SIB Fixed Cost Reduction, a company specializing in reducing recurring monthly expenses for multiple-location companies, announced today that they have launched a new project with the National Coalition of Associations of 7-Eleven Franchisees (NCASEF) to provide contract negotiation services to their members.

NCASEF is an independent trade association uniting the various local and regional 7-Eleven franchise owner associations, and represents the interests of all 7-Eleven franchisees at the national level. As part of the new project, SIB will work with 7-Eleven franchisees to negotiate more cost-efficient service agreements for facilities and equipment maintenance services at their store locations. Over the long run, these new deals are expected to improve service and save money on operating costs for 7-Eleven franchisees nationwide.

This project represents the debut of a new service offering for SIB, since they will work with the parent organization to negotiate pricing and service plans that will then be made available to all franchisees in the system on an "a la carte" basis.

"Our bread and butter has always been contingency-based cost reduction work for companies, and that will continue," said Dan Schneider, CEO of SIB. "But this new deal with NCASEF is a big step forward for us, since it means we can offer a new set of services for our clients. Normally our business model only allows us to work with franchisees who own multiple locations. Under this project, we can negotiate on behalf of the entire membership of the NCASEF, and get better deals for anyone who wants to participate, even if they own just a single store. We're excited to make these services available to such a large number of 7-Eleven locations."

About SIB Fixed Cost Reduction

SIB Fixed Cost Reduction is a firm specializing in reducing external expenses for clients with large facilities or multiple locations, such as restaurant groups, hospitals, universities, government agencies, Fortune 500 companies, and other organizations. Unlike other consulting firms, SIB only bills based on the savings they find, and clients are not billed until savings are realized. Through expert analysis, SIB will discover if businesses have overpaid or are currently overpaying on services such as telecom, utilities, waste removal, maintenance contracts, and other recurring bills. For more information about SIB, visit their web site at www.aboutSIB.com

About the NCASEF

The National Coalition of Associations of 7-Eleven Franchisees is the national trade group for 7-Eleven storeowners in the U.S., representing the interests of almost 4,700 convenience store owners whose nearly 6,200 franchise-owned stores employ almost 40,000 workers. For more information about NCASEF, visit their web site at www.NCASEF.com