Sponsored Content | Brand Spotlight Partner What's This?

PIRTEK is a Leader Among Recession-Resistant Franchises


During the Great Lockdown of 2020, PIRTEK continued operating in full throttle. The global hydraulic and industrial hose service provider played a critical role in keeping essential businesses running throughout the COVID-19 crisis. Like other recession- resistant companies, it managed to weather the latest downturn with a stable revenue stream, making it an outlier in franchise performance last year.

"That wasn't to say it wasn't a tough year," says Kim Gubera, President and CEO of PIRTEK USA. "But most of our customers are essential services—construction, waste management—so if they're working, we're working."

And the company is predicting an even brighter future. According to the US Bureau of Labor and Statistics, employment in the machinery maintenance sector is expected to outpace the average rate for all occupations by 13 percent from 2019 to 2029. The U.S. machinery maintenance and heavy equipment repair industry is currently valued at a whopping $39 billion after years of steady growth.

The key to PIRTEK's endurance is the demand for its service across nearly every sector. Hydraulic and industrial hoses are the Achilles heel of our global infrastructure. From manufacturing to construction, distribution, transportation, agriculture, and many industrial small businesses, hoses are the motive force behind countless systems. A failed hose can force operations to a dead stop and lost revenue.

PIRTEK's mobile service vehicles provide communities 24/7 service and a 1-hour ETA for on-site hose service. This unique service allows customers to stay at their job sites and facilities, a key differentiator which proved particularly valuable during the pandemic.

"If equipment doesn't work on a construction site, that can lead to hundreds of thousands of dollars in losses—but because we can get to the site quick and make the repair, it saves them the time of removing the hose and going to a repair shop," says Gubera, who noted PIRTEK USA even added franchises during the recent downturn.

The company offers two different conceptual tiers to its franchisees. The first tier is built around a brick-and-mortar service location and the second provides mobile services only. The investment is structured so a franchisee can build revenue and a customer base by investing in Tier 2 with the goal of scaling to Tier 1 within the first three years.

PIRTEK is part of a $10 billion hydraulic hose and fittings industry and is expected to grow by $506 million during 2020-2024. The hydraulic and industrial hose service company was started in Australia in 1980 and found its way to the U.S. in 1996. It currently operates in 23 countries with more than 500 units across the globe. The company's extensive growth and success has led PIRTEK to seek out more international markets.

To learn more about becoming a PIRTEK franchisee, fill out the form here.

Editor's Pick

She's Been Coding Since Age 7 and Presented Her Life-Saving App to Tim Cook Last Year. Now 17, She's on Track to Solve Even Bigger Problems.
I Helped Grow 4 Unicorns Over 10 Years That Generated $18 Billion in Online Revenues. Here's What I've Learned.
Want to Break Bad Habits and Supercharge Your Business? Use This Technique.
Don't Have Any Clients But Need Customer Testimonials? Follow These 3 Tricks To Boost Your Rep.
Why Are Some Wines More Expensive Than Others? A Top Winemaker Gives a Full-Bodied Explanation.

The Rise of Nano-Influencers: How the Smallest Voices are Making the Biggest Impact

The bigger an influencer is, the more beneficial it is for a brand to collaborate with them, right? Not necessarily.

Business News

'I'm Not a Very Good Businessman': Kevin Costner Is Risking a Ton of His Own Money on New Project

The "Yellowstone" star discussed how he bankrolled his new epic movies — and his accountant isn't happy.

Business News

Woman Goes Viral For Brow-Raising Email Signature About Working Moms: 'Everyone Is Feeling This'

The email signature was created in response to pressure to answer emails within 24 hours.


Which Hiring Strategy Is Right for Your Startup? My Experience Says This One

Startup businesses face a unique environment when it comes to adding the talent it needs during their earliest stages of operations, and every hiring decision is critically important to get right the first time.

Science & Technology

How AI Is Transforming the Accounting Industry — and What the Future Will Look Like

It's time to harness the power of AI and transform bookkeeping.