Franchisee Spotlight: Rick Stallings of Safeguard

Safeguard distributor Rick Stallings has expanded his business through acquisitions and has no plans to stop.

Read the original at 1851 Franchise
Franchisee Spotlight: Rick Stallings of Safeguard

TL;DR

Rick Stallings, a Safeguard distributor, has expanded his business through acquisitions and has no plans to stop, with his most recent purchase being the established Safeguard office in Kenner, Louisiana. He owns printing and promotional products businesses in several states, including Texas, Georgia, Tennessee, Florida, and Louisiana.

Rick Stallings has been a Safeguard distributor for over three decades, first opening up shop in his hometown of Columbus, Georgia in 1986.

Since then, he’s continued expansion throughout the Southeast, both purchasing other Safeguard locations as well as acquiring similar business concepts from outside the Safeguard network. Today, he owns printing and promotional products businesses in Texas, Georgia, Tennessee, Florida and Louisiana, with no stop in sight.

Most recently, Stallings purchased the established Safeguard office in Kenner, Louisiana, which serves New Orleans, from fellow longtime distributor Kathleen Wilkin.

I have been a Safeguard distributor since 1986 when I opened in Columbus, Georgia. About fifteen years ago I began purchasing other Safeguard offices throughout the Southeast, as well as competitor businesses and have acquired about another 10 to 15 locations in Texas, Florida, Tennessee, Georgia and now Louisiana. On December 31, 2016 I purchased the Kenner, Louisiana Safeguard office, which serves New Orleans, from Kathleen Wilkin, who’s owned that office since 1993.

Why did you purchase the New Orleans Safeguard?

I think there’s great opportunity in the greater New Orleans area, even beyond what Kathleen has done with her Safeguard. We have an established customer base, but they largely rely on us for check printing. I think there is a huge market to introduce our existing clients to our promotional product services

Why do you think that the Kenner office will be successful under your company's leadership?

We have the infrastructure and the technology to take this location to the next level.

We’ve been successful acquiring business both within the Safeguard network and outside of it. So that is a major part of our growth strategy, and I plan to continue to take over offices in the region. I am always on the lookout for great opportunities to continue to expand. Eventually, I’d like to sell my business back to the corporate team and retire.

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In this story

This story was originally published in 1851 Franchise on February 7, 2017. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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