Pirtek Experiences Revenue Growth in First Quarter, Builds Momentum for Successful 2014
Fluid Power Systems Leader Sets Sites on Revenue and Unit Growth
Rockledge, Fla. (PRWEB) April 23, 2014 - Pirtek, an industry leader in fluid power system hose repair, wrapped up the first quarter of 2014 with revenue increases and a tremendous amount of momentum.
From January through March, Pirtek center sales experienced a 24% revenue increase compared to the first quarter of 2013. In addition, the company added a new franchise location in St. Louis, MO.
Pirtek also signed two new franchise partners in Houston, TX and Tucson, AZ, which are scheduled to open in May.
As a result, the industry leader is continuing to prove itself as franchising's best-kept secret while establishing a solid foundation to expand into new markets across the U.S in 2014.
Pirtek is a sales-driven, service-based business that focuses on repairing and maintaining hydraulic- and pneumatic-powered machines. The Pirtek brand promises and delivers 7-day, 24-hour service and an incredible 1-hour response time on emergency calls. Globally, the brand has more than 2,000 service technicians and nearly 400 locations in 22 countries. The company is vibrant and stable, having been continuously operated for more than 30 years.
The company's 2014 goals include new market development in Florida, Texas, Ohio, Tennessee, Illinois, Wisconsin, among others.
Pirtek also has two corporate resale opportunities in the Los Angeles area. The company's Inland Valley location had a record breaking March with revenue of $140,000, which was a 125% increase from the previous year. Pirtek's Commerce South location also had an impressive March with revenue of $111,000, which was a 13% increase from 2013.
"This is a tremendous opportunity for an entrepreneur or investor to take over a growing business with an impressive revenue stream," said Gwyn O'Kane, Pirtek USA Vice President for Franchise Development.
As a reflection of the valuable business opportunity it offers to savvy entrepreneurs, the brand was ranked in the Top 500 Franchises for 2014 in Entrepreneur.
"Pirtek franchisees are business leaders, not mechanics. They position a team of top-notch technicians that tackle unique and challenging projects," added O'Kane. "After a customer has experienced the Pirtek difference and seen that we can quickly repair their machine on their premises and get them running again, they are a customer for life. That's what makes us different."
About Pirtek USA
Pirtek is the fluid power system leader in sales and service, the only brand of its kind in franchising in the United States. Pirtek boasts nearly 400 units in 22 countries around the world, and has more than 30 years of experience in the hydraulic and pneumatic hose-replacement space. Powered by an industry-leading approach to sales and service and backed by a corporate center passionate about its franchisees and customers, Pirtek offers unmatched service and logistics. For more information or for franchising opportunities, please visit http://www.OwnaPirtek.com.
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