PODS Inc. - Announces Explosive Increase In Inter-Franchise Sales
PINELLAS COUNTY, Fla.--April 13, 2005--PODS(R), Inc. ("PODS"), a leading provider of mobile storage and moving solutions for residential and business customers, announced today that March sales generated from inter-franchise (cross-country) relocation services exceeded $3MM.The Company began actively marketing this service one year ago following the kick off of a very aggressive nationwide expansion implementation. During that one year time period sales generated from the moving division alone more than tripled from $3MM to slightly over $10MM at the conclusion of 2004. This ultimately increased system wide revenues by 102%.
Peter S. Warhurst, President and CEO of PODS, said: "We are extremely pleased with the significant growth realized in both our moving and storage divisions. I attribute this success to the rapid nationwide expansion implementation that geographically provided PODS presence in almost every major city across the country. Further, this strategy has been accomplished without compromising the high level of customer service that we are committed to providing. In fact, a recent Customer Survey conducted found that 93% of responding customers, ranked their PODS experience as excellent. Our biggest problem is keeping up with the demand for PODS brand containers, which we are producing at a rate of one every 3 minutes. It does not get any better than that."
PODS On The Move...
New locations open this week include, Reno, NV, Contra Costa, Sacramento and Stockton in CA and Monmouth-Ocean-Atlantic and Cape May counties in NJ.
PODS revolutionized the moving and storage industry by originating the concept of transporting mobile storage containers. The convenient, cost-effective service is unique in that the patented hydraulic lift system is available only with PODS and is designed to significantly reduce shift in contents and securely transport POD brand containers to a dry and secure warehouse or from state to state. Sturdy, weather-resistant PODS brand containers (partially full) are specially designed to withstand a wind velocity of up to 110 miles per hour.
Currently, the PODS network services 8,125 cities in 45 states. The Company has serviced over 274,000 customers accommodating over 19,000 inter-franchise relocations. There are approximately 58,350 PODS brand containers in service.