WhereDaily News: Franchise Services of North America Inc. Completes Sale of Practicar Systems Inc.

RIDGELAND, MISSISSIPPI--(Marketwired - Sept. 9, 2015) - FRANCHISE SERVICES OF NORTH AMERICA INC. ("FSNA" or the "Company") (TSX VENTURE:FSN) is pleased to announce that it has completed the sale of all of the issued and outstanding shares of Practicar System Inc., a wholly owned subsidiary of the Company, to Grandville Equities Corp. ("Grandville") for an aggregate cash purchase price of $200,000 (the "Transaction"). Grandville intends to grow this business with additional investments to address working capital deficits and by expanding vehicle rental, car sales, leasing and insurance solutions in Canada's used car market.

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