#237

Initial Investment

LOW: $339,000
HIGH: $623,000

Change in Units

+2.8% +13 UNITS (1 Year)
+6.8% +31 UNITS (3 Years)

Company Profile

Founded

1980

Franchising Since

1987 (29 Years)

Corporate Address

501 Haverty Ct., #A Rockledge, FL 32955

CEO

Glenn Duncan

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 23 countries around the world. Franchisees sell and service hydraulic hoses and related parts and equipment both in their service centers an on-site.

Financials

Financial Requirements

Initial Investment

$339,000 - $623,000

Net-worth Requirement

$750,000

Liquid Cash Requirement

$250,000

Ongoing Fees

Initial Franchise Fee

$50,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

1.5-3%

Financing Options

Pirtek USA has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


$15,000 off franchise fee

Franchise 500® Rank History

Highest Rank: 237

Lowest Rank: 456

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: As needed

Training at headquarters: 3 weeks

Additional Training: Training for mobile sales & service techns, administrative assistant

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 5

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: May 20th, 2016

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