Start-Up Costs and Fees |
||
| Munster Tool | Pirtek | |
| Investment | 30000 - 50000 | 201400 - 869300 |
| Franchise Fee | ||
| Royalty Fee | 4% | |
| Advertising Fee | 1.5%-3% | |
| Year Founded | 1980 | 1980 |
| Year Franchised | 1980 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Munster Tool | Pirtek | |
| Experience | Pirtek targets potential franchisees with a minimum net worth of $500,000 and $150,000 in liquidity to bring to the table. | |
Financing Options |
||
| Munster Tool | Pirtek | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Munster Tool | Pirtek | |
| 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! | |
| 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. | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 5 | |
Expansion Plans |
||
| Munster Tool | Pirtek | |
| 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 | |
| Munster Tool | |
| Pirtek | |
| Franchise Fee | |
| Munster Tool | |
| Pirtek | |
| Royalty Fee | |
| Munster Tool | |
| Pirtek | 4% |
| Advertising Fee | |
| Munster Tool | |
| Pirtek | 1.5%-3% |
| Year Founded | |
| Munster Tool | 1980 |
| Pirtek | 1980 |
| Year Franchised | |
| Munster Tool | 1980 |
| Pirtek | 1986 |
| Term Of Agreement | |
| Munster Tool | |
| Pirtek | 10 years |
| Renewal Fee | |
| Munster Tool | |
| Pirtek | $10,000 |
Business Experience Requirements |
|
| Experience | |
| Munster Tool | |
| Pirtek | Pirtek targets potential franchisees with a minimum net worth of $500,000 and $150,000 in liquidity to bring to the table. |
Financing Options |
|
| Franchise Fees | |
| Munster Tool | |
| Pirtek | |
| Start-up Costs | |
| Munster Tool | |
| Pirtek | |
| Equipment | |
| Munster Tool} | |
| Pirtek | |
| Inventory | |
| Munster Tool | |
| Pirtek | |
| Receivables | |
| Munster Tool | |
| Pirtek | |
| Payroll | |
| Munster Tool | |
| Pirtek | |
Training & Support |
|
| Training | |
| Munster Tool | |
| 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. |
| Support | |
| Munster Tool | |
| 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! |
| Marketing | |
| Munster Tool | |
| 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. |
| Operations | |
| Munster Tool | |
| Pirtek | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
Expansion Plans |
|
| US Expansion | |
| Munster Tool | |
| 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 |
| Canada Expansion | |
| Munster Tool | |
| Pirtek | 0 |
| International Expansion | |
| Munster Tool | |
| Pirtek | Worldwide, |