PIRTEK

PIRTEK

PIRTEK franchises operate service and supply centers that sell, custom assemble, and install industrial and hydraulic hoses, fixed tube assemblies, fittings, and related components along with other distinctive products and services. The business model involves franchising these centers to entrepreneurs who provide rapid-response services to industrial customers to minimize equipment downtime. Target markets include industries such as manufacturing, construction, mining, transportation, and other sectors reliant on hydraulic systems.

3
Locations
$235K–$667K
Investment
ServicesRockledge, FLPrinceton Equity Group, LLCwww.pirtekusa.comDisclaimer

Franchise Costs


Franchise Fee
$55,000
Item 5 of FDD
Initial Investment Range
$235,137 $666,638
Low: $235,137High: $666,638
Item 7 of FDD
Royalty Rate
4.00%
of gross sales
Brand Fund
1.50%
Item 6 of FDD
Fixed Monthly Fees
$1,360 – $6,483
Item 6 of FDD

4% royalty + 1.5% marketing fund + $660-$2,850/mo technology fee + $100/van/mo GPS tracking + $500-$3,333/mo insurance

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

Data Based On: 138 franchised outlets open and in continuous operation for the full 2024 calendar year, including all Tier 1 and Tier 2 centers, with data also segmented by years in operation.

* Weighted average gross sales confirmed using Tier 1 (102 units, avg $1,286,739) and Tier 2 (36 units, avg $466,926) center data: (102 * $1,286,739 + 36 * $466,926) / 138 = $1,072,875. Revenue top and bottom quartiles are based on the average gross sales of centers operating 5+ years ($1,378,459 for 80 units) and 1-2 years ($589,829 for 34 units), respectively, from Table 2. The document defines 'Gross Profit' as Gross Sales minus Cost of Goods Sold for product only, and explicitly states that other operating expenses such as labor or direct costs are *not* included in COGS. Therefore, the provided 'Average Gross Profit' ($800,980) does not represent 'average_net_profit' as defined (Gross profit minus *all* operating expenses), and there is insufficient information to calculate average_net_profit or a best-guess profit range.

Extracted Item 19 Section

How PIRTEK Compares


Key Insights

  • Higher investment than 93% of Business Services franchises
FranchiseInvestmentFeeRoyaltyLocations
PIRTEK
Current
$235K – $667K$55K4.0%3
Bimbo Foods Bakeries Distribution, LLC$14K – $607KN/AN/A6,454
THE UPS STORE (TRADITIONAL)$216K – $609K$30K5.0%4,500
JACKSON HEWITT TAX SERVICE$71K – $105K$25K15.0%2,744
CRUISE PLANNERS$2K – $21K$11K3.0%2,655
SERVPRO (UNIT)$259K – $380K$100K10.0%2,286
Business Services Average
188 franchises
$118K – $284K$46K10.4%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 188 Business Services franchises by location count.

SBA Loan History


Historical SBA 7(a) loan data for PIRTEK franchisees (20122025)

Total Loans
97
Average Loan
$498,965
Total Volume
$48.4M
Default Rate
1.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


231 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

231 Contacts Available

Unlock all PIRTEK franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryN/A

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
3
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
10
Sold to Franchisees
0
Projected New
35

Frequently Asked Questions


The total initial investment to open a PIRTEK franchise ranges from $235,137 to $666,638. This includes a franchise fee of $55,000. Ongoing royalty fees are 4.0% of gross sales.

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Also includes FDDs for

THE UPS STORE (TRADITIONAL)
THE UPS STORE (TRADITIONAL)
AMERIPRISE FINANCIAL SERVICES LLC
AMERIPRISE FINANCIAL SERVICES LLC
JACKSON HEWITT TAX SERVICE
JACKSON HEWITT TAX SERVICE
SERVPRO (UNIT)
SERVPRO (UNIT)
H&R BLOCK
H&R BLOCK
+1,700 more