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Miscellaneous & Uniques

Pirtek USA

 

Pirtek USA

Across the United States, companies producing the goods and services that we rely on in our daily lives all have one thing in common - use of hydraulic power for production capabilities. Every day, the kind of products and services Pirtek provides touches the lives of every American in many different ways - from a hydraulic hose on a garbage truck to the steerage of ocean liners, from power steering and air-conditioning hoses in the family car to the boilers of steel-producing industries, from steam cleaning to chemical processing and mining, from elevators in high-rise buildings to harvesting and transporting grain and cattle, from mowing the golf course to earthmoving and from construction to the processing and packaging of food. When the hose critical to the process fails, companies face downtime that costs them hundreds, even thousands, of dollars each hour. Pirtek is the world’s leading service provider in on-site hose replacement.

Background

Established: Founded in Australia in 1980 / Established in the US in 1996
Franchised Units: US: 38 / Globally: 350
Company Owned Units: US 1
Projected New Units (12 Months):8-12

FINANCIAL/TERMS

Cash Investment: $100K minimum
Total Investment: $327k - $576k
Minimum Net Worth: $500K
Franchise Fee: $48k
Royalty: 4% (1.5% in the first year)
Marketing: Currently 1.5%
Average Number Of Employees: 5 at opening
Passive Ownership: No

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