SOURCE: SIB Fixed Cost Reduction Company, LLC

SIB Fixed Cost Reduction

SOURCE: North American Association of Subway Franchisees

North American Association of Subway Franchisees

March 10, 2015 11:26 ET

SIB Fixed Cost Reduction Partners With NAASF to Save Money for Subway Franchisees

CHARLESTON, SC--(Marketwired - March 10, 2015) -  SIB Fixed Cost Reduction, a company specializing in reducing recurring monthly expenses for multiple-location companies, announced today that it has launched a new project with the North American Association of Subway Franchisees (NAASF) to provide cost reduction services to the association's members.

"We are very excited to offer SIB's services to our members," said Illya Berecz, Executive Director of NAASF. "SIB has a uniquely comprehensive expertise when it comes to monitoring and reducing costs in the quick-service restaurant industry, and that's why our board voted to partner with them. The level of services and benefits that SIB is able to offer to Subway franchisees makes them a perfect fit with the mission of NAASF."

Under the new arrangement, SIB will work with NAASF to offer a wide range of services to participating members' restaurant locations throughout North America. SIB will identify savings for franchisees by negotiating better contracts for recurring monthly service expenses (such as phone, internet, waste removal, bank fees, utilities, maintenance contracts, and others), and by finding and correcting errors and overcharges on past bills. Subway franchisees will only pay SIB a percentage of the final, realized savings.

"I think SIB's relationship with NAASF will be very lucrative for their member franchisees," said Dan Schneider, CEO of SIB. "We get our best results when we're able to work with multiple-location companies, and I'm confident that we will be a big help to any Subway franchisee looking to reduce their costs across the board at all of their restaurants."

About SIB Fixed Cost Reduction

SIB Fixed Cost Reduction is a firm specializing in reducing external expenses for business 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 North American Association of Subway Franchisees

Founded in 1999, NAASF is the official voice of all Subway franchisees in North America, one that is representative, autonomous, and accountable to the Subway franchisee community. NAASF works with other Subway entities on business growth, profitability, and strengthening their collective investment in the brand. For more information about NAASF, visit their web site at www.naasf.org