Next
456/500
Back

Pirtek USA

2014 Franchise 500
#456
At a Glance

Products & Services: Hose service and supply center/mobile services

Number of Locations: 430

Total Investment: $331K - $580K

Founded: 1980

Began Franchising: 1987

About Pirtek USA

Pirtek began in Australia in 1980, and expanded to the U.S. in 1996. The company also has hose service and supply centers in over 15 other countries around the world. Franchisees sell and service hydraulic hoses and related parts and equipment both in their service centers an on-site.

Franchise Units

Year U.S. Canadian International Company Owned
2014 48 1 378 3
2013 45 1 378 3
2012 39 1 343 2
2011 38 1 332 2
2010 34 1 313 2
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $331,000 - $580,000
Franchise Fee: $50,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $5,000 off franchise fee
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $125,000
Operations
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 weeks. At franchisee's location: As needed. Training for mobile sales & service techns, administrative assistant : 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #456 (2014), #260 (2013), #387 (2012), #389 (2011), #266 (2010),
America's Top Global: #64 (2013), #197 (2010),

Franchise Search

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise penalty-free. ($50k min)

Featured Franchises For Sale

From the Entrepreneur Bookstore

Franchise Bible 7E
Franchise Bible 7E
By Erwin J. Keup and Peter Keup
More Info