Local Company, Park Select, Launches Nationwide Parking Franchise Expansion

Park Select, a local parking management firm, is expanding operations through franchise sales nationwide. They are announcing the sale of their first franchise unit in Raleigh, North Carolina.

Wilmington, NC (myPressManager.com) July 27, 2012

Established in 2001 in Wilmington, North Carolina as a parking management firm, offering services to area business and parking lot owners; Park Select has now become the newest franchised business model in North Carolina. The first Park Select franchise was sold this month to business owners Dan and Eva Brown of Raleigh, North Carolina. Plans for a second Park Select Coastal franchise, which will include all North Carolina beaches, will soon be finalized and other locations as far west as California are currently in negotiation.

As small business owners themselves, Park Select founders Kirk and Sandra Iventosch recognized the need for affordable parking management. “We were restaurant owners and our parking lot was constantly abused. We couldn’t afford the negative impact of towing,” explained Sandra, “but hiring an outside firm or paying our own employees to monitor the lot wasn’t cost effective. We realized that business owners like ourselves needed a third alternative.” The resulting company, Park Select offers hourly monitoring and parking enforcement to business and property owners regardless of the lot size and at no cost to the lot owner. Park Select’s fees are paid by issuing fines to any parking violators identified in the lots they manage. “It’s a win-win for everyone,” says Sandra, “The lot owner gets parking optimization for free, our fee is paid by the violator, legitimate local paid parking is utilized more frequently, and even the violator wins when they don’t get towed.”

Park Select’s client base increased as they added other parking management services, including pay parking and tenant parking. The success of their unique business model in Wilmington made Park Select executives question what other markets throughout the US might benefit from their services. Forming Park Select Franchising Opportunities, they developed the tools and training programs to help business owners in other cities duplicate their success.

In an industry dominated by fast food and automotive services, Park Select Franchising Opportunities is the first and only parking management franchise system. Their stated goal is to change the parking industry, one lot at a time. Through franchise sales, Park Select may do just that, one city at a time.

Park Select Franchising Opportunities Inc.
PO Box 456 Wilmington, NC 28402
910-686-0001
http://www.ParkSelectFranchises.com
http://www.ParkSelect.com