Via press release, BPS Technology Limited has announced the expansion of its Bartercard Operations in the US with 3 new franchises in Tennessee, California, and Georgia.
Read Bartercard press release:
BPS Technology Limited (ASX: BPS) is pleased to announce that its Bartercard operations in North America has expanded its reach with the sale of three new franchises, covering Chattanooga in Tennessee, Irvine in California, and North Georgia in the state of Georgia.
Mr Paul Bolte, President and Chief Executive of Bartercard USA, said of the new franchisees:
“Bartercard is very pleased to announce the continued expansion of its North American operations. The Bartercard business has, over a long period of time, proven it has the capacity to form strong relationships with experienced local business people who are capable of building strong businesses within an established franchising system. We welcome the new franchisees to the Bartercard group and look forward to assisting them in building successful Bartercard franchises.”
The new franchises brings the number of representative regions in North America to ten (10), which is consistent with Bartercard’s stated plans of expanding across the country through the sale of franchises in key strategic areas. Bartercard USA is now represented in:
- Charleston, South Carolina
- Charlotte, North Carolina
- Chattanooga, Tennessee
- Columbia, South Carolina
- Hampton Roads, Virginia
- Hilton Head/Savannah, South Carolina
- Irvine, California
- Myrtle Beach, South Carolina
- North Georgia, Georgia
- Portland, Oregon
Commenting of the US expansion, CEO of BPS Technology Limited Trevor Dietz, said:
“The international expansion of the Bartercard business has been a key component of BPS’ growth plans since listing on the ASX. The trade exchange market in North America represents a significant opportunity for Bartercard, and Paul Bolte and the entire Bartercard US team are to be congratulated on signing three new franchisees in such a short period of time.
“Bartercard is committed to engaging with successful business people who are both established and well respected in a given area. These people of character can use their connections and strong reputations to expand the business network that allows opportunities for SMBs to grow their operations, employ more people and generate greater profits in their region”, said Mr Dietz.
Further announcements are expected in the coming months in respect of continued growth of Bartercard’s expansion in North America.