TL;DR
Pirtek, an Australian hydraulic hose replacement company, plans to expand its footprint in Memphis by targeting franchise partners. The company currently has 98 locations in total with 52 in the United States.
Pirtek, an Australian hydraulic and pneumatic hose replacement company, is planning to expand the company’s footprint in Memphis.
Pirtek offers on-site 24/7 service to shipping, manufacturing and construction companies to help reduce downtime in the event of a failed hose. Pirtek is now focusing on cities with a population of at least 500,000. In a city like Memphis, with a population of around 1.3 million, there are many potential customers and opportunities for franchises.
“The key for us is we know Memphis is a great market, but we must find a great franchise partner first,” Gwyn O’Kane, vice president of franchise development, told the Memphis Business Journal.
The hydraulic hose franchise currently has 98 locations in total with 52 in the United States.
The company’s founding family recently completed a majority buyout for majority control of the American arm of the company. This buyout will allow U.S. franchises to experience the same benefits, resources and streamlined operations of the Australian company.
In this story
This story was originally published in 1851 Franchise on June 11, 2015. Burnaze summarizes and links to the original reporting.
Read the full story at 1851 FranchiseLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.