@ Your Request acquires Mr Green

MEDIA RELEASE

@ Your Request acquires Mr Green

Adrian Kenny’s @ Your Request premium home and commercial service franchise business today announced the purchase of the Mr Green Home Services franchise.

Kenny partnered with the Radius Health Group to buy the franchise, 60:40. The sale is effective immediately.

Mr Green which commenced operations in 1990 has 250 franchisees across New Zealand. @ Your Request which opened for business in September 2003 has 150 franchisees.

@ Your Request offers a premium property care service including lawnmowing, gardening, landscaping, house washing, home cleaning, maintenance and commercial property management services.

“Mr Green is an excellent franchise and has been the leading edge in home and commercial services in New Zealand for more than a decade and a half. Richard and Trudy Smith have built a highly successful growth business with outstanding geographic reach, excellent and committed franchisees and good back office systems,” Adrian Kenny said.

Franchisees buying an @ Your Request franchise pay from $15k, Mr Green franchisees have similar entry costs depending on their needs – approximately $15k.

In the past 12 months, 80 new @ Your Request franchises have been sold. Over the last 24 months, Mr Green has sold 25 new franchises.
Kenny, who started in the industry in 1991, is the brains behind one of the southern hemisphere’s most successful home service enterprises[1], and @ Your Request is his most recent investment in the sector.

“Experience is an invaluable asset in this industry. At AYR, we support each other and share knowledge so that everyone has the best chance of success - I liken it to a family business,” said Kenny.

“@ Your Request and Mr Green are distinct service offerings, successful in their own territories. It’s a fantastic platform for growth. For the time being, we will enjoy the experience of working the two franchises,” Kenny added.

@ Your Request’s partner in the Mr Green purchase is Radius Health Group, an equity stakeholder in the @ Your Request business.

Radius is an integrated health and lifecare group with business interests spanning pharmacies, aged care services, medical services, security services and residential and commercial property care services.

Radius Managing Director Tom Wilson said that Mr Green was a natural fit for Radius “adding an extra dimension to the property care services business. We now cover the full range from premium through to the more modest property care requirements.”

“Property care services also fit nicely with the needs of many of our health and lifecare clients as well servicing the property cluster Radius has acquired over the last 3 years” Wilson added.

ENDS

1 Kenny commenced Greenacres in 1991, selling in 2003.

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