Rank no. 260 – Pirtek USA – US
Products & Services: Hose service & supply center/mobile services
Number of Locations: 423
Total Investment: $331K – 580K
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.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $50,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $500,000
Liquid Cash Available: $125,000
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).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|