Stratus Building Solutions Enters New Jersey Market

PISCATAWAY, N.J. (Tuesday, October 30, 2007) - Stratus Building Solutions announced Monday it has entered the New Jersey market after awarding a master franchise to the Joy Community Development Corp. (JCDC) in South New Brunswick, N.J. Financial terms were not disclosed.

JCDC is affiliated with The Tabernacle, a non-denominational church in Piscataway, N.J., whose congregation works to create jobs in disadvantaged local communities and which raised funds to help acquire and operate the Stratus master franchise, according to a release. The franchise will be known as Stratus Building Solutions of Central New Jersey.

The St. Louis-based franchisor of retail, commercial and industrial building cleaning services now has franchises in 13 states since it was founded in 2004 by Dennis Jarrett and Pete Frese. Stratus had 2006 revenue of more than $4.5 million.

A Stratus spokesman said the New Jersey master franchise is planning to hire 7 to 12 employees and plans to open 50 sub-franchises per year over the next three years.

In September, Stratus announced it entered the Florida market. At the time, Jarrett said the company had 400 sub-franchise units nationwide with a goal of having 500 units by the end of 2007.

Stratus Building Solutions operates its own master franchise in St. Louis and has awarded 260 sub-franchise units in the metropolitan area.

View all Stratus Building Solutions Press Releases

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