NEWS!!! Pool Service Division (FPS) Exceeds Growth and Revenue Expectations
Marketwired
August 05, 2015: 08:00 AM ET
AVEW HOLDINGS INC. (OTC PINK: AVEW) today announced the successful implementation of AVEW's business plan and outstanding management of Fantastic Pool Services (FPS) to an unparalleled 350% growth in revenues and 165% increase in customers for pool maintenance and services. This has been achieved in a short 15 months since FPS was acquired by AVEW in November 2014.
Fantastic Pool Services is a full pool maintenance and repair company that serves all Austin and Hill Country areas. In addition to pool service monthly contracts, FPS is a certified repair center for Pentair Aquatic Systems. Pentair is a publicly held national and international aquatics equipment and supply company.
FPS has grown from 44 service contracts to 117 service contracts in a short 10 month period and has increased its annual revenues from $150,000.00 to $396,000.00 and is expected to continue on a 150% per year growth path. FPS has hired and trained a group of knowledgeable and dedicated service and maintenance technicians who have provided exceptional service to their customers. FPS has also implemented and equipped its fleet of service vehicles with the most up to date maintenance equipment and service supplies.
Mr. Mike Sharp, AVEW Senior VP of Operations and founder of FPS, stated, "FPS success is a working example of AVEW's horizontal and vertical growth business model. The multiple specialty construction divisions have provided additional customers and business opportunities. FPS has a current goal of 300 pool maintenance customers for 2016 and we look forward to achieving and/or surpassing this milestone."
FPS and AVEW's new pool construction company, New Generation Pools, are Pentair approved vendors and service warranty centers.
About AVEW Holdings Inc. AVEW Holdings Inc. is a collection of companies in different disciplines operating under a public held AVEW Holdings Inc. This gives strength and integrity to each division to weather our recessions, downturns, etc. in the economy. The companies of AVEW combined have a wealth of knowledge and experience along with the opportunity to consult with one another to share ideas and get input from other divisions.
AVEW includes a full service pool, spa and landscape design and construction company. New Generation Pools is a custom pool design and construction company that has won national and regional pool construction and design awards. Fantastic Pool Services is a maintenance and pool repair company doing business in Central Texas. Pegasus Construction Company is a residential remodel and new Construction Company servicing Central Texas. Pegasus also designs and installs landscaping and outdoor living kitchens, fireplaces, cabanas, and decks. Kustom Fence and Construction Company is a custom fence designer and builder serving the Hill Country. Tarragon Homes and Milagro Homes are full custom and production home building and development companies. AVEW Real Estate Development Company will be involved in commercial mixed-use development.
Safe Harbor Statement: AVEW cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
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