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Below is an in-depth analysis and side-by-side comparison of Lord & Partners vs Pirtek including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $200,000 | $201,400 - $869,300 |
Franchise Fee | $50,000 | $20,000 - $50,000 |
Royalty Fee | 0% | 4% |
Advertising Fee | 0% | 1.5%-3% |
Year Founded | 1990 | 1980 |
Year Franchised | 2005 | 1986 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | $10000 |
Business Experience Requirements |
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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 |
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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 |
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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 |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
Lord & Partners Ltd. is a leading manufacturer and supplier of environmentally responsible solvents, cleaners and specialty products which are Non WHMIS and Non Regulated (USA). Our products can be used in a variety of industries and settings including Automotive, Aviation, Government, Energy, Institutions, Marine, Mining, Manufacturing, Pulp and Paper and Transportation and they are guaranteed to perform as directed. Lord & Partners is an exciting and unique business to business franchise network serving a growing $30 billion market in representing Canadian manufactured environmentally responsible solutions that replace hazardous traditional chemicals in the workplace and reduce environmental aspects and impacts on the community. Franchisees receive comprehensive training on the proven proprietary business, marketing systems, a demo "showroom on wheels" with on going support for a protected territory.