PIRTEK USA Strengthens in Q1 with Openings and Signings and a Reenergized Growth Strategy
ROCKLEDGE, Fla. (April 23, 2024) – PIRTEK USA, an on-site and retail hydraulic and industrial hose service provider, experienced continued growth in Q1 with eight openings and seven signed agreements. Among the new openings were four first-time PIRTEK franchisees as well as expansions from four existing franchisees. The signings comprised six new franchisees and one existing franchisee expanding their territory through the signing of a resale agreement. This growth reflects the increasing demand for top-tier hydraulic and industrial service providers across the country.
Since January, PIRTEK has opened a location in Memphis, TN; Lafayette, LA; Tomball, TX; Rosenberg, TX; Athens, GA; Lansing, MI; Victorville, CA; and Pembroke, MA. Additionally, PIRTEK’s signed franchise agreements will bring new locations to Oklahoma City, OK; Beaumont, TX; Savannah, GA; Idaho Falls, ID; Weatherford, TX; and Social Circle, GA.
“Our continued growth is a testament to the premium services we provide essential industries as well as the confidence our franchise partners have in the PIRTEK brand,” said Kim Gubera, CEO for PIRTEK USA. “Seeing our franchisees thriving and seizing opportunities for growth within our network underscores the strength of our franchise model. We look forward to supporting their continued success in delivering world-class hydraulic and industrial hose services to their communities.”
“Adding another franchise to our portfolio stems from the remarkable success we've experienced with PIRTEK,” said Rue. “Our existing locations have not only met but exceeded our expectations, solidifying our confidence in the brand, and we look forward to contributing to the continued growth and success of the PIRTEK brand.”
Additionally, late last year, Princeton Equity Group (“Princeton”), a private equity firm exclusively focused on the franchisor and multi-unit industry, invested in PIRTEK with the goal to bring additional resources and support to the existing franchisee and customer base, as well as expand PIRTEK’s North American footprint. With their backing, PIRTEK plans to build upon their forward momentum and double their sales and units in the next five years.
PIRTEK prides itself on filling customers’ hose service needs quickly and efficiently, having the widest variety of superior products and parts to keep essential projects running. Their quick turnaround time is also credited to the 24/7/365 on-site emergency hose service offered to hydraulic and industrial-based businesses, enabling customers to be up and running again quickly, minimizing equipment downtime due to a hose failure.
PIRTEK onboards potential franchisees who put customer service at the forefront of their mission, and it welcomes driven individuals from all industries, regardless of technical experience. An initial investment for PIRTEK ranges from $216,400 - $619,300. Franchisees can expect extensive in-person and online training and ongoing support, and exclusive territories.
To learn more about PIRTEK franchise opportunities, visit https://www.pirtekusafranchise.com/.
ABOUT PIRTEK USA:
PIRTEK USA provides the fastest hydraulic and industrial hose maintenance and replacement services through on-site mobile and service centers. The brand has more than 500 franchise locations in 24 countries around the world, with more than 150 located in the U.S. PIRTEK has a 1-hour ETA for on-site hose service, is available 24/7/365, and is a simple solution that minimizes equipment downtime and eliminates the need for customers to leave their job sites or facilities to locate new hydraulic and industrial hoses as well as hydraulic fittings. WE’LL KEEP YOU OPERATING® For more information, visit https://www.pirtekusa.com/ or follow us at @PIRTEKUSA on Facebook, LinkedIn and Instagram.
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