Kenny’s Cardiology launches franchise in NZ and reaches 50 store milestone
Allied Brands, owner, operator and developer of franchises, announced the opening of KennyÕs CardiologyÕs 50th store in Glenfield, New Zealand. Since acquiring the company a year ago, Allied Brands has successfully expanded the franchise, increasing the number of stores from 32 to 50, with a view to having 55 by the end of 2008.
Managing director of Allied Brands Peter Graham said, “By September this year we expect to have 55 KennyÕs Cardiology stores including our first five stores in New Zealand. Allied Brands plans to have as many as 30 KC stores in New Zealand within three years.” Graham continued, “We believe New Zealand holds enormous potential for KennyÕs Cardiology and we expect to duplicate the success this franchise has achieved since we acquired it in 2007.”
Anthony Underwood, managing director of KennyÕs Cardiology, said the NZ stores have proved popular with customers since opening the doors. “We have really been overwhelmed with the strong response from shoppers, with trading ahead of schedule and stores profitable from day one”, claimed Underwood.