Turbo Global Partners' Subsidiary, Turbo Retail Management, Inc., Acquires Two GP Postal Store Franchises Within Wal-Mart Supercenters
8:30 am ET May 31, 2017 (Market Wire)
CARSON CITY, NV--(Marketwired - May 31, 2017) - Turbo Global Partners (TURBO) (OTC PINK: TRBO), has announced Turbo Retail Management, Inc., holder of the Wal-Mart Master Lease for the GP Brands, Inc. (GP) postal, pack and ship franchise stores within Florida Wal-Mart Supercenters, acquires the two (2) previously company-owned stores as franchises.
Robert Singerman, Chairman & CEO of TURBO, states, "Turbo Retail Management, Inc., our newest wholly-owned subsidiary and formerly Goin' Postal Franchise Corporation recently acquired by TURBO, acquires the two (2) remaining GP's postal, pack and ship franchises within Florida Wal-Mart Supercenters, the Wesley Chapel and Zephyrhills locations respectively. What were previously company-owned locations not generating monthly lease revenue are now additional locations that not only generate monthly lease revenue, but monthly franchise store earnings."
Singerman continues, "With an opportunity to expand under mutual agreement with Wal-Mart into an estimated 1,000 Wal-Mart Supercenters in the U.S., this is a tremendous achievement for our company representing our corporate strategy as a Marketing Consulting Services Company, which is partnering with companies anywhere in the world to help them better generate long-term predictable renewable cash flow."
