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 $201,400 - $869,300
Franchise Fee N/A $20,000 - $50,000
Royalty Fee - 4%
Advertising Fee - 1.5%-3%
Year Founded 1996 1980
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 Party In-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 No No
International Expansion No No

Start-Up Costs and Fees Mobile

Investment
PartSource Franchise
$50,000
Pirtek Franchise
$201,400 - $869,300
Franchise Fee
PartSource Franchise
N/A
Pirtek Franchise
$20,000 - $50,000
Royalty Fee
PartSource Franchise
-
Pirtek Franchise
4%
Advertising Fee
PartSource Franchise
-
Pirtek Franchise
1.5%-3%
Year Founded
PartSource Franchise
1996
Pirtek Franchise
1980
Year Franchised
PartSource Franchise
-
Pirtek Franchise
1986
Term Of Agreement
PartSource Franchise
-
Pirtek Franchise
10 years
Renewal Fee
PartSource Franchise
-
Pirtek Franchise
$10000


Business Experience Requirements

Experience
PartSource Franchise
-
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
PartSource Franchise
-/-
Pirtek Franchise
No/Yes
Start-up Costs
PartSource Franchise
-/-
Pirtek Franchise
No/Yes
Equipment
PartSource Franchise
-/-
Pirtek Franchise
No/Yes
Inventory
PartSource Franchise
-/-
Pirtek Franchise
No/Yes
Receivables
PartSource Franchise
-/-
Pirtek Franchise
No/Yes
Payroll
PartSource Franchise
-/-
Pirtek Franchise
No/Yes

Training & Support

Training
PartSource Franchise
$10k + GST
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
PartSource Franchise
-
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
PartSource Franchise
-
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
PartSource Franchise
-
Pirtek Franchise
Absentee Ownership Allowed Number of Employees Required to Run: 5

Expansion Plans

US Expansion
PartSource Franchise
-
Pirtek Franchise
Yes
Canada Expansion
PartSource Franchise
No
Pirtek Franchise
No
International Expansion
PartSource Franchise
No
Pirtek Franchise
No

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

"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.