Midnight Holdings Group Announces Expansion in Naperville, Illinois
04 Avril 2007 - 9:10PM
PR Newswire (US)
CLINTON TOWNSHIP, Mich., April 4 /PRNewswire-FirstCall/ -- Midnight
Holdings Group, Inc. (OTC:MHGI) today announced that its subsidiary
company All Night Auto Stores Inc. has sold its All Night Auto of
Aurora, IL, and All Night Lube Express of Tinley Park, IL,
operations to All Night Auto of Naperville, IL, a joint venture
partnership between Midnight Auto Franchise Corp. and J.C. Walsh
Inc. The transaction increases All Night Auto of Naperville's store
ownership count from one to two (Tinley Park and Aurora) and merges
the Lube Express operations at Tinley Park with the service center
operations located at the same facility. Both locations operated by
the joint- venture now have Lube Express facilities with common
management and revenues. John Walsh, president of All Night Auto of
Naperville, will be the General Manager with operational support
provided by Midnight Auto Franchise Corp. According to Nicholas
Cocco, the CEO of Midnight, the deal will help streamline the
efficiency of the two suburban Illinois operations allowing John
Walsh to be focused on expanding the size and scope of the
operations in both Aurora and Tinley Park. "It has always been our
intention to expand our presence in the Chicago market," says John
Walsh, president of All Night Auto of Naperville. "The Tinley Park
store continues to increase its client base and revenue. The Aurora
store started with a strong client base and is still growing
strong. Working with Midnight, we will increase our Automotive
Concierge Service offerings paving the way for additional All Night
Auto stores in this market," says Walsh. "The FTP program is truly
a winner when it comes to building a business and a market area."
"We are continuing to grow our FTP joint-venture programs as well
as showcase our commitment to existing partnerships. The Aurora
store is just one of our flagship locations that we plan on moving
into partnerships," Cocco said. "Both the Tinley Park and Aurora
locations are doing solid business and John and I see plenty of
opportunities for growth at both locations. Our partnership is an
example of how well our unique FTP programs really work. We are a
little over 18 months into this partnership program and we are
already expanding the operations of All Night Auto of Naperville,"
Cocco says. "The Aurora and Tinley Park locations are top producers
for us. Our clients' benefit the most from the addition of this
location to the joint- venture program," said Jim M. Jung, Director
of Sales and Marketing for Midnight. "John Walsh and the Team All
Night personnel are a great example of how our partnership programs
provide superior services to the market place." About All Night
Auto All Night Auto provides all makes/all model concierge service
and convenience to both retail and commercial clients seven days
100-hours per week--Monday through Thursday from 7 a.m. until
midnight, Saturday and Sundays until 6 pm. All Night Auto's
"Automotive Concierge Service" is designed to meet the demands of
today's well educated and discriminating consumer in the
rapidly-changing service economy. All Night Auto currently operates
nine All Night Auto branded locations in Arizona, Illinois,
Michigan and Oklahoma. About Midnight Holdings Group, Inc. Midnight
Holdings Group, Inc. (OTC:MHGI) is the parent of Midnight Auto
Franchise Corp and All Night Auto Stores, Inc. The subsidiary
companies provide management and distribution services as well as
automotive aftermarket products and concierge services under its
flagship "All Night Auto(R)" and "All Night Lube Express(TM)" brand
names. This news release contains forward-looking statements,
including those that involve known and unknown risks, delays,
uncertainties and other factors not under the control of Midnight
Holdings Group, Inc., which may cause actual results, performance
or achievements of the Midnight Holdings Group, Inc. to be
materially different from the results, performance or other
expectations implied by these forward-looking statements. These
risks and other factors, are discussed in the Midnight Holdings
Group, Inc.'s filings with the Securities and Exchange Commission
such as the 10K, 10Q and 8K reports. Midnight Holdings Group, Inc.
undertakes no obligation to update any forward- looking statements.
DATASOURCE: Midnight Holdings Group, Inc. CONTACT: Bruce Stockler,
of Number 9 PR for Midnight Holdings Group, Inc., +1-914-472-0176,
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