Investorideascom Sector Close - Up on Publicly Traded Companies in Franchising
Released on: May 20, 2008, 11:00 am
Press Release Author: InvestorIdeas.com
Industry: Financial
Press Release Summary: Geeks On Call Holdings (OTCBB: GOCH), Named to Entrepreneur Magazine's 2008 Franchise 500
McDonald\'s, with 23,099 Franchises, has made the Top 10 in the Franchise 500, 27 times
Press Release Body: POINT ROBERTS, WA and DELTA, BC - May 20, 2008, Investorideas.com, a leading global investor and industry research resource presents a sector close-up on publicly traded companies in franchising. According to franchisehelp.com, "franchise companies, which are publicly traded, as a group, have routinely outpaced the S&P Index and others."
Geeks On Call Holdings, Inc. (OTCBB: GOCH), a national provider of on-site computer service and solutions recently announced it was named to Entrepreneur magazine's 2008 Franchise 500®, making it the third year in a row it has made the ranking. The company was also recognized by Entrepreneur as one of the 101 best in the "Top Home Based Franchise" category for a third straight year.
Geeks on Call has granted over 250 franchises since 2001 and recently expanded corporate branch offices to build on and enhance their brand. The Company also just recently launched its Value-Added Benefit program for co-branding with national franchisors.
The company has been previously recognized for its growth by both Franchise Times and Entrepreneur Magazine, which named Geeks On Call the #1 new franchise company in America in 2006.
Geeks on Call was also recently featured in a Franchise Times article on IT and computer services companies. According to the article: "Geeks On Call is one of the fastest growing and largest computer service organizations in the U.S. Last year, its 270 franchisees generated more than $25 million in total revenues. The publicly traded company is one of the newest franchisors in this segment: it was founded in 1999 and began selling franchises in 2001." To read the full article: http://www.franchisetimes.com/content/story.php?article=00804
The Franchise 500 is determined by comparing objective, quantifiable measures of a franchise system, including financial strength and stability, growth rate and size of the system. Top Home Based Franchises are listed in order of their ranking in the Franchise 500.
Top 10 Franchises for 2008: 7-Eleven Inc. Subway Dunkin\' Donuts Pizza Hut McDonald\'s (Market, News), with 23,099 franchises, 52wk Range is $44.26 - $63.69 and has made the Top 10 in the Franchise 500, 27 times. Sonic Drive-In Restaurants KFC Corp. InterContinental Hotels Group Domino\'s Pizza LLC (Market, News), with 2,073 franchises, according to Entrepreneur Magazine, "It Started in 1960 with $500, the pizza giant had $5.1 billion in global retail sales in 2006 and sold more than 400 million pizzas." RE/MAX Int\'l. Inc.
Top 10 Fastest-Growing Franchises for 2008: Jan-Pro Franchising Int\'l Inc. 7-Eleven Inc. Subway Jani-King Dunkin\' Donuts Jackson Hewitt Tax Service Bonus Building Care Instant Tax Service Liberty Tax Service RE/MAX Int\'l. Inc.
More info on the Franchise 500®: http://www.entrepreneur.com/franchise500/index.html
Sector Glance at other publicly traded franchise companies: Chipotle Mexican Grill (Market, News) Mexican Fast Food Company has a 52 week range of $77.51 - $155.49. Blockbuster Inc. (Market, News) Video Rental Company has a 52-week range of $2.66 - $6.77. Dollar Thrifty Automotive Group, Inc., (Market, News) through its subsidiaries, rents and leases vehicles through company owned and franchised stores under Dollar and the Thrifty brand names. The Company's 52-week range is $ 11.31 - $51.73. Tim Hortons Inc. (Market, News) 52wk Range: $29.82 - $.39.93 .Its franchisees operate 2,823 restaurants in Canada and 398 restaurants in the United States.
About Geeks On Call Holdings, Inc. (OTCBB: GOCH): Geeks On Call America is a wholly-owned subsidiary of Geeks On Call Holdings, Inc. (OTCBB: GOCH). Through its trade names 1-800-905-GEEK and Geeks On Call, the company is a premier national provider of on-site computer service and solutions to small business and residential customers. Founded in 1999, the company helped pioneer the on-site residential IT service concept. Since then, small businesses and residential customers across the nation have trusted Geeks On Call/1-800-905-GEEK's certified IT professionals to provide computer privacy and security solutions, hardware and network installations, troubleshooting, repairs, upgrades and consulting. The company began franchising in 2001 and has granted over 250 franchises with new locations opening regularly. All franchises are independently owned and operated.
More Info: Visit the Company Showcase on Investorideas.com at: http://www.techsectorstocks.com/CO/GOCH/Default.asp Or the Company Website at: http://www.geeksoncall.com/
Audio interview with Richard T. Cole, CEO of Geeks On Call Holdings, Inc: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/033108a.mp3 Media Presentation: http://www.investorideas.com/CO/GOCH/ss/default.asp
About InvestorIdeas.com: InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Investorideas.com is compensated by featured companies, news submissions and online advertising. Disclosure: Geeks On Call Holdings, Inc compensates Investorideas.com $5000 per month and 50,000 144 shares pro-rata over 12 months.
For Additional Information: Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source: InvestorIdeas.com, Geeks On Call Holdings, Inc
Web Site: http://www.techsectorstocks.com
Contact Details: Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com