Start-Up Costs and Fees |
||
| Pirtek | Ryan Engine Exchange | |
| Investment | 201400 - 869300 | 112000 - 112000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 1.5%-3% | |
| Year Founded | 1980 | 1989 |
| Year Franchised | 1986 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Pirtek | Ryan Engine Exchange | |
| Experience | Pirtek targets potential franchisees with a minimum net worth of $500,000 and $150,000 in liquidity to bring to the table. | General business experience |
Financing Options |
||
| Pirtek | Ryan Engine Exchange | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Pirtek | Ryan Engine Exchange | |
| Training | Certified Training - Our Certified Training Program is offered to you as the franchise owner and your entire team. Depending on the position, our training program ranges from 1-3 weeks consisting of sales, marketing, accounting, administration, IT and technical training. In addition to our outstanding Certified Training Program, we also offer certifications recognized by the International Fluid Power Society. | |
| Support | Turnkey Start Up - PIRTEK supports the opening of your PIRTEK Center in areas such as: Area evaluation, site selection, lease negotiation, build-out, equipment, inventory, vehicle acquisitions & outfitting, certified training, proprietary computer software, customer, sales and so much more. Our team of professionals located at the PIRTEK USA Franchise Support Center as well as our "traveling" Franchise Support Representatives, pride ourselves with award-winning support. If your need is for computer assistance, looking for a rare item or need guidance quoting a large job, we are here to assist in any way possible. With PIRTEK, you're in business for yourself, but not by yourself! As part of our turnkey process, our professional staff assists you with your business plan. This business plan can be used to raise finances while also being a continual "road map:" for your business. After you open your doors, PIRTEK's senior management will host monthly meetings with new owners to review progress with your business plan. This meeting includes analyzing sales, accounting, management performance and more. Doing this allows all parties to ensure your growth is on the right track. The key is -- if you're successful, we're successful! | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | As a new business owner, from Day One you can focus on growing your business. PIRTEK provides all the marketing material, promotional items, sales programs, etc. to support your growth. As part of our advertising program, you will find PIRTEK ads in trade publications, national print magazines, newsletters and e-mail campaigns, as well as on various websites and trade shows across the United States. | Co-op advertising, Ad slicks |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 5 | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Pirtek | Ryan Engine Exchange | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Pirtek | |
| Ryan Engine Exchange | |
| Franchise Fee | |
| Pirtek | |
| Ryan Engine Exchange | |
| Royalty Fee | |
| Pirtek | 4% |
| Ryan Engine Exchange | 5% |
| Advertising Fee | |
| Pirtek | 1.5%-3% |
| Ryan Engine Exchange | |
| Year Founded | |
| Pirtek | 1980 |
| Ryan Engine Exchange | 1989 |
| Year Franchised | |
| Pirtek | 1986 |
| Ryan Engine Exchange | 1997 |
| Term Of Agreement | |
| Pirtek | 10 years |
| Ryan Engine Exchange | 10 years |
| Renewal Fee | |
| Pirtek | $10,000 |
| Ryan Engine Exchange | |
Business Experience Requirements |
|
| Experience | |
| Pirtek | Pirtek targets potential franchisees with a minimum net worth of $500,000 and $150,000 in liquidity to bring to the table. |
| Ryan Engine Exchange | General business experience |
Financing Options |
|
| Franchise Fees | |
| Pirtek | No |
| Ryan Engine Exchange | No |
| Start-up Costs | |
| Pirtek | |
| Ryan Engine Exchange | |
| Equipment | |
| Pirtek} | |
| Ryan Engine Exchange | |
| Inventory | |
| Pirtek | |
| Ryan Engine Exchange | |
| Receivables | |
| Pirtek | |
| Ryan Engine Exchange | |
| Payroll | |
| Pirtek | |
| Ryan Engine Exchange | |
Training & Support |
|
| Training | |
| Pirtek | Certified Training - Our Certified Training Program is offered to you as the franchise owner and your entire team. Depending on the position, our training program ranges from 1-3 weeks consisting of sales, marketing, accounting, administration, IT and technical training. In addition to our outstanding Certified Training Program, we also offer certifications recognized by the International Fluid Power Society. |
| Ryan Engine Exchange | |
| Support | |
| Pirtek | Turnkey Start Up - PIRTEK supports the opening of your PIRTEK Center in areas such as: Area evaluation, site selection, lease negotiation, build-out, equipment, inventory, vehicle acquisitions & outfitting, certified training, proprietary computer software, customer, sales and so much more. Our team of professionals located at the PIRTEK USA Franchise Support Center as well as our "traveling" Franchise Support Representatives, pride ourselves with award-winning support. If your need is for computer assistance, looking for a rare item or need guidance quoting a large job, we are here to assist in any way possible. With PIRTEK, you're in business for yourself, but not by yourself! As part of our turnkey process, our professional staff assists you with your business plan. This business plan can be used to raise finances while also being a continual "road map:" for your business. After you open your doors, PIRTEK's senior management will host monthly meetings with new owners to review progress with your business plan. This meeting includes analyzing sales, accounting, management performance and more. Doing this allows all parties to ensure your growth is on the right track. The key is -- if you're successful, we're successful! |
| Ryan Engine Exchange | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Pirtek | As a new business owner, from Day One you can focus on growing your business. PIRTEK provides all the marketing material, promotional items, sales programs, etc. to support your growth. As part of our advertising program, you will find PIRTEK ads in trade publications, national print magazines, newsletters and e-mail campaigns, as well as on various websites and trade shows across the United States. |
| Ryan Engine Exchange | Co-op advertising, Ad slicks |
| Operations | |
| Pirtek | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
| Ryan Engine Exchange | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Pirtek | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Ryan Engine Exchange | |
| Canada Expansion | |
| Pirtek | 0 |
| Ryan Engine Exchange | |
| International Expansion | |
| Pirtek | Worldwide, |
| Ryan Engine Exchange | |