Ryan Engine Exchange vs Pirtek Franchise Comparison

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

Start-Up Costs and Fees

 
Ryan Engine Exchange Franchise
Pirtek Franchise
Investment $112,000 $201,400 - $869,300
Franchise Fee $25,000 $20,000 - $50,000
Royalty Fee 5% 4%
Advertising Fee - 1.5%-3%
Year Founded 1989 1980
Year Franchised 1997 1986
Term Of Agreement 10 years 10 years
Term Of Agreement 10 years 10 years
Renewal Fee - $10000


Business Experience Requirements

 
Ryan Engine Exchange Franchise
Pirtek Franchise
Experience
  • General business 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

     
    Ryan Engine Exchange Franchise
    Pirtek Franchise
      In-House/3rd Party In-House/3rd Party
    Franchise Fees No/No No/Yes
    Start-up Costs No/No No/Yes
    Equipment No/Yes No/Yes
    Inventory No/No No/Yes
    Receivables No/No No/Yes
    Payroll No/No No/Yes

    Training & Support

     
    Ryan Engine Exchange Franchise
    Pirtek Franchise
    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 Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

    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 Co-op advertising, Ad slicks

    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 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)

    Absentee Ownership Allowed Number of Employees Required to Run: 5

    Expansion Plans

     
    Ryan Engine Exchange Franchise
    Pirtek Franchise
    US Expansion - Yes
    Canada Expansion No No
    International Expansion No No

    Start-Up Costs and Fees Mobile

    Investment
    Ryan Engine Exchange Franchise
    $112,000
    Pirtek Franchise
    $201,400 - $869,300
    Franchise Fee
    Ryan Engine Exchange Franchise
    $25,000
    Pirtek Franchise
    $20,000 - $50,000
    Royalty Fee
    Ryan Engine Exchange Franchise
    5%
    Pirtek Franchise
    4%
    Advertising Fee
    Ryan Engine Exchange Franchise
    -
    Pirtek Franchise
    1.5%-3%
    Year Founded
    Ryan Engine Exchange Franchise
    1989
    Pirtek Franchise
    1980
    Year Franchised
    Ryan Engine Exchange Franchise
    1997
    Pirtek Franchise
    1986
    Term Of Agreement
    Ryan Engine Exchange Franchise
    10 years
    Pirtek Franchise
    10 years
    Renewal Fee
    Ryan Engine Exchange Franchise
    -
    Pirtek Franchise
    $10000


    Business Experience Requirements

    Experience
    Ryan Engine Exchange Franchise

  • General business experience
  • Pirtek Franchise

    Pirtek targets potential franchisees with a minimum net worth of $500,000 and $150,000 in liquidity to bring to the table.


    Financing Options

      In-House/3rd Party
    Franchise Fees
    Ryan Engine Exchange Franchise
    No/No
    Pirtek Franchise
    No/Yes
    Start-up Costs
    Ryan Engine Exchange Franchise
    No/No
    Pirtek Franchise
    No/Yes
    Equipment
    Ryan Engine Exchange Franchise
    No/Yes
    Pirtek Franchise
    No/Yes
    Inventory
    Ryan Engine Exchange Franchise
    No/No
    Pirtek Franchise
    No/Yes
    Receivables
    Ryan Engine Exchange Franchise
    No/No
    Pirtek Franchise
    No/Yes
    Payroll
    Ryan Engine Exchange Franchise
    No/No
    Pirtek Franchise
    No/Yes

    Training & Support

    Training
    Ryan Engine Exchange Franchise
    -
    Pirtek Franchise

    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
    Ryan Engine Exchange Franchise
    Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Pirtek Franchise

    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
    Ryan Engine Exchange Franchise
    Co-op advertising, Ad slicks
    Pirtek Franchise

    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
    Ryan Engine Exchange Franchise
    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)

    Pirtek Franchise
    Absentee Ownership Allowed Number of Employees Required to Run: 5

    Expansion Plans

    US Expansion
    Ryan Engine Exchange Franchise
    -
    Pirtek Franchise
    Yes
    Canada Expansion
    Ryan Engine Exchange Franchise
    No
    Pirtek Franchise
    No
    International Expansion
    Ryan Engine Exchange Franchise
    No
    Pirtek Franchise
    No

    Company Overviews

    About Ryan Engine Exchange

    Since 1989, Ryan Engine Exchange locations have been installing remanufactured engines. Customers bring in an old engine and exchange it for a new one, which is installed on the premises. Using a system developed by the company's founder, Greg Ryan, old engines are refurbished in 3 days.

    About Pirtek

    "Logo
    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.
    Veteran Incentives  $5,000-$15,000 off franchise fee
    "Top                   ""
    #33 in Gator's Top franchises.

    "Entrepreneur
    #308 in Franchise 500 for 2020.