Enviro-Serv Announces Quarterly Results Noting Record Year-Over-Year Growth in 2015
Pestmaster Tampa, formerly XTerminate, Significantly Increases Revenues Compared To Same Period in 2014
TAMPA, Fla., July 7, 2015 /PRNewswire/ -- Enviro-Serv, Inc. (OTC-PINK: EVSV), which targets highly profitable small service companies in the commercial and residential property maintenance industry, is pleased to announce that through its subsidiary, Pestmaster Services Tampa, the Company will be reporting record revenues for the second quarter of 2015. The former X-Terminate Inc. realized a 20% increase in revenues compared to the same period in 2014 showing exciting year over year growth.
Following the successful completion of the Pestmaster Services negotiations, Enviro-Serv's X-Terminate subsidiary now operates as Pestmaster Services Tampa. Management believes that this increase in revenue is just the first of many major milestones that the Company aims to hit in 2015. Chris Trina, CEO of Enviro-Serv, Inc. states, "This 20% increase in sales stems from a strong termite season and pure hustle from within.From April 1st onward it was our internal goal from myself down to the termite technicians to reach a record setting quarter. We had set these goals even with losing Richard Tellone and Gary Cole in Q4 and we've reached those goals in Q2. The third quarter has begun and with the already existing Pestmaster contracts in place and some unexpected VA work already performed, it's quite feasible we double or even triple our Q3 revenues."
Trina emphasizes this to the investing public, "We are not a one trick pony. Enviro-Serv is about creating value. Last year we released news on an undisclosed award winning long standing A/C company based on the East Coast of Florida in which we intend to purchase. Enviro-Serv has never been closer than now to making a deal happen. Sometime this week I hope to receive from the seller a "letter of understanding" prepared by their attorney depicting the details of this transaction. After in-person meetings and many phone calls between parties I personally believe this deal will get done within the 4th quarter. The AC company had record revenues last year of over $1.4 million and all due diligence has been completed. They are on pace for another record year, and I really want this company in my portfolio."
The consummation of this franchise agreement between the Company and Pestmaster Services will give Pestmaster Tampa the ability to bid on residential, commercial, and government contracts that it was once unable to take advantage of. In addition to this, management is optimistic about the pipeline currently in place for future ventures that it will look to close on, in the second half of 2015 and with the busy season for pest control coming during the summer months, Enviro-Serv anticipates continued growth from its pest control services division well into the fourth quarter and beyond.
About Enviro-Serv, Inc.
Enviro-Serv, Inc. (OTC-PINK: 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 our websites at www.enviro-serv.com and www.xterminateinc.com to learn more. Please visit www.pestmaster.com to learn more about the Franchisor.
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 solely 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.
CONTACT:
CHRIS TRINA, CEO
Enviro-Serv, Inc. 813-708-9910
SOURCE Enviro-Serv, Inc.
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