Global Business Services, Inc.'s subsidiary, Postal Connections of America Franchise, reports the sale of its second location in the San Diego market.
The new owners, a man and wife business team, Kamal Bitar and Nuha Akkawi, have retailing experience as the current owners of a 7-Eleven franchise store in the Spring Valley area of San Diego. With this sale the Postal Connections retail chain now has 71 stores sold or open in 21 states, which is a 103% increase in store units since July 1, 2003. ADVERTISEMENT
"We are particularly happy to have Kamal Bitar and his wife join our franchise, since they are highly experienced retail store operators and came to us as a referral from our franchisee in Chula Vista, California," said Ken Sully, President, PCA. "Mr. Bitar has worked for Nordstrom's, Stride-Rite Shoes and other retailers for more than 20 years and with his knowledge of franchise systems we expect he will hit the ground running," said Sully.
"I have always worked very hard to be number one in sales and achieved this at Nordstrom's and other positions," says Kamal Bitar. "Postal Connections is the kind of business that matches our skills for running a neighborhood store and our desire to provide top level service to people," added Bitar.
About Postal Connections (www.PostalConnections.com)
PCA franchise stores provide shipping, packaging, copying, mail receiving and other services needed by small office/home office businesses and busy consumers offering them convenience and an alternative to the Post Office. Global Business Services, Inc. is headquartered in Beverly Hills, CA, its subsidiary, Postal Connections of America, is based in San Diego, and has been franchising stores since 1999.
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com and view the ''Global Business Services'' Investor Discussion and Contact Forum. Alternatively, investors can e-mail AGORA Investor Relations directly at GBNS@Agoracom.com.
Forward-looking statements contained herein are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may be materially different. Factors that could cause actual results to differ include activity levels in the securities markets and other risk factors such as the ability of the Company to meet its working capital needs, the ability of the Company to successfully market its goods and services, and other risks detailed in the Company's periodic filings with the Securities and Exchange Commission.
Distributed by Filing Services Canada and retransmitted by Market Wire
Contact:
Ken Sully, President Postal Connections of America 619-294-7550
AGORA Investor Relations GBNS@agoracom.com http://www.agoracom.com (Select ''Global Business Services'' Forum) Source: postalconnections.com
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