PIRTEK Franchise
PIRTEK's proven business model, with over 40 years of experience and a presence in more than 24 countries, demonstrates a consistent demand for its services. This demand is independent of economic cycles, making PIRTEK a stable and attractive option for potential franchisees seeking a business opportunity with a lower risk profile during economic downturns.
To buy a franchise with PIRTEK, you'll need to have at least $100000 in liquid capital and a minimum net worth of $250000. PIRTEK charges a franchise fee of $50000. They also offer a discount for veterans.
Franchisor Details
Total Units: 150
Year Founded: 1980
Franchising Since: 1997
Home Office: Rockledge, FL
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $100,000
Net Worth Required: $250,000
Total Investment: $211,400 – $610,300
Franchise Fee: $50,000
Royalty Type: 4%
Vetern Discount: Yes
*PIRTEK is currently accepting inquiries from the following locations: Alabama, Alaska, Alberta, Arizona, Arkansas, British Columbia, California, Canada, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Manitoba, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Brunswick, New Hampshire, New Jersey, New Mexico, New York, Newfoundland and Labrador, North Carolina, North Dakota, Northwest Territories, Nova Scotia, Nunavut, Ohio, Oklahoma, Ontario, Oregon, Pennsylvania, Prince Edward Island, Rhode Island, Saskatchewan, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Wisconsin, Wyoming, Yukon
Values & History
PIRTEK is committed to providing world-class service while helping others in the organization succeed. We embrace change and innovation, and strive to be giving participants in the communities we serve. Above all, PIRTEK values integrity as we hold ourselves fully and personally accountable in all our dealings.
Our core values:
Embrace and Drive Change
Making a Difference
Integrity
Accountability
Being Part of the Community
Industry Performance
The global hydraulic hose industry reached a value of about USD 2.25 billion in 2023. The industry is further expected to grow at a CAGR of about 4.4% in the forecast period of 2024-2032 to reach a value of around USD 3.31 billion by 2032.
Training & Support
A vital step for formal approval with PIRTEK, including comprehensive briefings and franchise environment immersion, with travel confirmation required 2 weeks prior. Prospective franchisees will join us at an introductory dinner Wednesday at 6:00 pm, providing a relaxed setting for initial meet-and-greets ahead of Thursday's Discovery Day.
- Start of Discovery Day on Thursday: Discovery Day officially begins on Thursday at PIRTEK, where attendees have the chance to meet the essential personnel behind the franchise's operations.
- Warehouse Tour: The day starts with a tour of the PIRTEK warehouse, offering insights into the logistics and fulfillment processes that are integral to the franchise's success.
- Meetings with Department Heads Throughout the Day: Prospective franchisees will engage in valuable meetings with department heads, both before and after the lunch. These sessions are critical for gaining insights into the support and collaboration available within the PIRTEK network. Lunch with the Executive Team: A lunch with PIRTEK's executive team is arranged to facilitate informal discussions, providing insights into the company's leadership and strategic vision.
- Visit to a Local Service Center: If possible, the day includes a visit to a local PIRTEK service center to observe an operational franchise firsthand.
- Tour of the Training Facility: A tour of PIRTEK's training facility is included, showcasing the extensive training resources and programs available to franchisees.
- Q&A Session and Wrap-up: The day concludes with a question-and-answer session, allowing for any additional queries or discussions. Breakout Sessions for Larger Groups: For larger groups, the day may include individual breakout sessions for personalized discussions regarding each prospective franchisee’s unique plans.
- Opportunity for Contract Signing with CEO: For those ready to proceed with franchise ownership, there's an opportunity to sign contracts on Discovery Day, in the presence of Kim Gubera, PIRTEK's CEO, followed by a celebratory photo session.
Ideal Candidate & Qualifications
PIRTEK seeks franchisees committed to system adherence, delivering exceptional service, and building lasting customer relationships. Ideal candidates, especially veterans, need financial capability, an entrepreneurial spirit, and a blend of independent operation and collaborative spirit. Mechanical aptitude, along with sales, marketing, or business management experience, are advantageous but not mandatory. Key qualities include leadership abilities and dedication to brand consistency and operational efficiency.
Direct supervision and management by an individual; In case of corporate or partnership ownership, a controlling owner (minimum 25% stake) must be designated for daily operations oversight.
Purchasing a PIRTEK
Franchise Fee: $50,000. Net worth Required: $250,000 - $750,000. Total Investment: $211,400 - $610,300, Liquid Capital Required: $100,000 - $250,000
Tier 1: Networth of $750,000 + Liquid Capital of $250,000
Starts with a Service & Supply Center, 2 Mobile Service Vehicles, and approximately 5 team members.
Tier 2: Networth of $250,000 + Liquid Capital of $100,000
Begins as a mobile-only startup, evolving into a Service & Supply Center over 3 years.
PIRTEK is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
PIRTEK is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.