PartSource vs Pirtek Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of PartSource vs Pirtek including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
PartSource Franchise
Pirtek Franchise
Investment $50,000$339,000 - $623,000
Franchise Fee N/A$50,000
Royalty Fee -4%
Advertising Fee -1.5%-3%
Year Founded 19961980
Year Franchised -1986
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -$10000


Business Experience Requirements

 
PartSource Franchise
Pirtek Franchise
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

 
PartSource Franchise
Pirtek Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/Yes
Start-up Costs -/-No/Yes
Equipment -/-No/Yes
Inventory -/-No/Yes
Receivables -/-No/Yes
Payroll -/-No/Yes

Training & Support

 
PartSource Franchise
Pirtek Franchise
Training $10k + GST

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

 
PartSource Franchise
Pirtek Franchise
US Expansion -Yes
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About PartSource

Our mission is to be the most recommended auto parts specialty store in Canada. We service do-it-yourselfers and professional commercial installers. We supply nationally branded parts. We provide training and ongoing professional support. PartSource, the newest venture of Canadian Tire. Come grow with us.

About Pirtek

Hydraulic hoses keep heavy equipment and machinery working properly year-round. Pirtek is the market leader in providing its customers with a comprehensive portfolio of fluid transfer solution products and services. We build long-term relationships with our current and potential customers by consistently providing high quality products and services, wherever they are needed. Our highly visible mobile sales & service technicians are key success factors for our customers remedial and preventative maintenance needs and as the strategic partner for the service and supply of all fluid transfer solutions. Significant investment in technology, infrastructure and quality work practices ensures we offer a long-term value to our customers. With customers, large organizations and small businesses, from key industries including manufacturing, oil and gas, mining, construction, earthmoving, agriculture, marine and defense, just to name a few, Pirtek consistently delivers the highest quality products and services where and when they are needed. ABOUT PIRTEK Pirtek is the fluid power system leader in sales and service, the only brand of its kind in franchising in the United States. Pirtek boasts nearly 400 units in 23 countries around the world, and has more than 30 years of experience in the hydraulic and pneumatic hose-replacement space. Powered by an industry-leading approach to sales and service and backed by a corporate center passionate about its franchisees and customers, Pirtek offers unmatched service and logistics. For more information or for franchising opportunities, please visit www.OwnaPirteck.com

Veteran Incentives  $5,000-$15,000 off franchise fee