Former Policeman In Miami, Fla. Becomes Second Minority 24seven Franchise Owner

MIAMI, FLA | Wednesday, May 16, 2007

Sigmund Pierre, a former police officer, and his wife, Edith, a nurse, recently acquired a 24Seven franchise in the Miami, Fla. area. The native Haitian follows Guyanese immigrant Kemp Johnson who also purchased a 24Seven franchise in the Miami area in December of last year. Like Johnson, Pierre was attracted to the cash flow and schedule flexibility the program offers. 24Seven offers franchisees territories with pre-sited snack and soda machines with known sales histories. 24Seven also provides a patented wireless technology and software system that enables them to monitor sales, restocking requirements, profitability and machine operation diagnostics via a laptop. According to the company, a typical franchise includes 60 to 90 machines at 12 to 20 locations with an historical revenue stream of approximately $6,730 per week in gross revenues. A goal of the company is to improve minority representation within an industry plagued by high barriers to entry. 24Seven franchises are now available in 19 states, including New York, New Jersey, Massachusetts, Florida, California, Georgia, Texas and Washington, D.C. The company has sold more than 100 franchises in less than two years and expects to double it in the next year. The company also claims there is an 18-person waiting list in the Los Angeles, Calif. market. For information, contact Felicia Persaud at 718-476-3616

24seven News and Press Releases

This article has been read 2188 times.

Would you like to own a 24seven Franchise?

For more information about becoming a 24seven Franchise owner, including a franchise overview, start-up costs, fees, training and more, please visit our 24seven Franchise Information page.

Or complete our free franchise advise form for a consultation about 24seven Franchise or any other franchise listed on The Franchise Mall.

24seven Logo

233 Needham Street
Suite 440
Newton, MA

Phone: (617) 658-6097
Toll Free: (800) 495-8700

24seven Franchise Information

Share This Page!


First Name:
Last Name:
State: (US inquiries only please)
Capital to Invest

(Min $50k Investment)
Investment Timeframe:

Can I use my 401K or IRA
to buy a business?

Submit your request for a
FREE Franchise Consultation.