Rank no. 260 – Pirtek USA – US

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

Number of Locations: 423

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
2013	41	1	378	3
2012	39	1	343	2
2011	38	1	332	2
2010	34	1	313	2
2009	38	0	313	3

Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

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

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).

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®: #260 (2013), #387 (2012), #389 (2011), #266 (2010), #337 (2009),

America’s Top Global: #64 (2013), #197 (2010),