PIRTEK Jumps 95 Places, Breaks into Top 100 in Entrepreneur's Annual Franchise 500 Ranking

Monday, January 22, 2018

Leader in fluid transfer solutions rated No. 1 in "Miscellaneous Services" category

PIRTEK continues its climb in
Entrepreneur magazine's Franchise 500 list, having now broken into the
prestigious top 100. This year's No. 78 ranking marks a jump of 95
places over the previous year's numbers.

Every year, the publication assesses the nation's top franchises based
on growth rate, financial strength and stability, and the size of the
franchise system. Entrees receive a cumulative score based on more than
150 data points, and the 500 franchises with the highest cumulative scores
appear on the list.

PIRTEK's climb up that list has been steady during the past three years.
In 2016, PIRTEK jumped from No. 422 to 237, and the next year's list
showed a dramatic rise to a No. 173 ranking.

"This is an outstanding recognition of the success and growth we've
been experiencing," said Glenn Duncan, PIRTEK USA CEO. "We're very
grateful for the PIRTEK franchise owners and team members who all helped
make this milestone possible. It's through their hard work and
dedication that honors such as this Franchise 500 ranking are even
possible."

PIRTEK also ranked first in the category of "Miscellaneous Services."

The only franchise brand of its kind in the United States, PIRTEK
specializes in fluid transfer solutions through its locations throughout
the country. PIRTEK team members are also available 24/7 to provide onsite
repairs to hydraulic and industrial hoses, thanks to the company's
specially equipped Mobile Service Vehicles. PIRTEK boasts more than 400
franchise locations in 23 countries around the world, including 73 in the
United States.

Key to PIRTEK's success in 2017 has been its Tier 2 franchise program, a
mobile-only option that allows a franchisee to lease two vehicles and keep
inventory in a small warehouse or storage facility. The Tier 2 model
allows for PIRTEK ownership at a significantly lower point of entry while
providing the same administrative support and training from the PIRTEK
corporate office.

"The Tier 2 option has been extremely successful in 2017, which was its
first full year since we implemented the program," Duncan said.
"It's made franchise ownership a reality for a larger group of people,
and the response has been overwhelming."

Among the milestones for PIRTEK in 2017 were the opening of 12 new
locations and a double-digit increase in its percentage of retail sales
nationwide.

PIRTEK also continued its sponsorship of the AMSOIL Championship Snocross
Series in 2017. In addition to helping sponsor the entire series, the
company was again the title sponsor of the PIRTEK Snocross National
Presented by Jimmy John's in Shakopee, MN.

"All of these efforts have come together for us," said Duncan.
"We've worked hard to arrive at this point, and we're going to keep
pushing ahead, constantly improving. We welcome the challenge."

About PIRTEK
PIRTEK is the fluid transfer solutions leader in sales and service and the
only franchise of its kind in the United States. PIRTEK boasts more than
400 Service & Supply Centers in 23 countries around the world, and has
more than 30 years of experience in the hydraulic and industrial hose
replacement field. 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
additional information about PIRTEK USA, visit http://www.pirtekusa.com.

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