Business Description

PIRTEK is the world's leading service provider of hydraulic hoses, couplings, metric and standard fittings, and other accessories for on-site hose replacement. The PIRTEK brand is associated with the highest levels of service, responsiveness, and dependability. Hundreds of service centers and more than 1,000 mobile service vehicles worldwide. Over-the-counter service, fully-equipped mobile service vans for 24-hour emergency on-site service, and preventive maintenance programs help reduce downtime.

Franchisor Background

Year Established:  1980

Franchising Since:  1996

Operating Units:
Franchised Units:	32	97%
Company-Owned Units:	1	3%
Total Operating Units:	33	100.0%
Geographic Distribution: U.S.: 33 100% In 22 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 33 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Florida	5
2. Minnesota	2
3. Texas	2

Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth:	$350K
Cash Investment:	$100K
Total Investment:	$100-150K
Average Total Investment:	$125K
Fees:
Initial Franchise Fee:	$45K
Average Franchise Fee:	$45K
On-Going Royalty:	4%
Average Royalty:	4%
Advertising Fee:	1.5-3%

Average Number of Employees: 6 Full-time, 0 Part-time

Space Needs (in square footage): 2,500-3,000

Preferred Sites:

Other Sites: Industrial Park

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	3
Specific Industry Experience:	2
Formal Education:	2
Psychological Profile:	2
Personal Interview(s):	4
Terms of Contract
Term of Initial Contract:	10/10/10 Year(s)
Term of Renewal Period:	Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	35
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Not Applicable
800 Telephone Hotline:	Not Applicable
Training:
1. Franchisee Training	3 Weeks
2. Ops. Mgr./Msst Training	2 Weeks
3. Admin. Traininl in Rockledge, FL.	1 Week
Expansion Plans
Projected New Units Over Next 12 months:	10
U.S.:	Yes, All United States
Canada:	No
Overseas:	No