Pirtek Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
PIRTEK is a B2B franchise providing on-site hydraulic hose replacement and fluid-power service and supply for industrial and construction equipment. Franchisees run a service center plus mobile response units serving fleet and industrial accounts.
FranchiseVerdict summary · 2026
A PIRTEK franchise requires a total initial investment of $247K – $690K, including a $60K franchise fee and an ongoing 4.0% royalty[2]. Per the 2026 FDD, average unit revenue was $1.1M[2]. SBA 7(a) loans show a 4.0% charge-off rate across 88 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $247K – $690K
- 52nd pct Business Serv…
- Avg gross sales
- $1.1M
- 19th pct Business Serv…
- Royalty
- 4.0%
- 2nd pct Business Serv…
- Units
- 194
- 49th pct Business Serv…
- SBA charge-off
- 4.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Business Services · color = vs category peers
Green = favorable by >10% vs Business Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $247K – $690K including a $60K franchise fee, 4.0% ongoing royalty.
- Average unit revenue of $1.1M/year (median $919K).
- Verdict A (Strongest tier), verdict score 95/100 (higher is better). SBA loan charge-off rate of 4.0% across 88 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- System growing at 37.6% CAGR over 3 years with 194 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- PIRTEK USA LLC
- Parent company
- PIRTEK Holdco, LLC
- Ultimate parent
- Princeton Equity Group, LLC
- CEO title
- President & Chief Executive Officer
- Kim Gubera
- Incorporated in
- DE
- HQ
- 300 Gus Hipp Boulevard, Rockledge, Florida 32955
- Auditor
- CohnReznick LLP
- Audited financials
- Franchisor revenue
- $54.4M
- vs $42.3M prior year
Overview
About
- CEO
- Kim Gubera
- Headquarters
- FL
- Founded
- 1997
- FDD year
- 2026
- States available
- 34
Can you afford it, and what does the money buy?
Entry cost runs 77% above the typical business services franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $60K | $60K |
| Working capital (3–6 mo) | $50K | $200K |
| Equipment, build-out, other | $138K | $430K |
| Total initial investment | $247K | $690K |
Source: PIRTEK 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $247K – $690K
- Middle of category vs category
- Liquid capital req'd
- $50K – $200K
- Middle of category vs category
- Franchise fee
- $60K – $60K
- Middle of category vs category
- Royalty
- 4.0%
- percentage · typical 6–8%
- Ad fund
- 1.5%
- typical 3–5%
- Total fee load
- 5.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 4.0% of gross sales |
| Marketing / ad fund | 1.5% of gross sales |
| Technology fee | $889 |
| Transfer fee | $15K |
| Renewal fee | $10K |
| Inventory (initial) | $77K – $173K |
| Total fee load | 5.5% of rev |
A 5.5% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
What do units actually make?
Average unit sales run 17% below the business services norm.
Source: FDD 2026 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$191K
17.5% margin
Unlevered ROIC
32%
EBITDA / total invested capital
Payback
3.1 yrs
cash-on-cash, unlevered
Financial Performance
- Avg gross sales
- $1.1M
- Per unit, per year
- Median gross sales
- $919K
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- gross_sales_and_gross_profit
- Sample size
- 152 units
- vs category median 38 · large
- Range (low → high)
- $99K→$4.4M
- Cohort dispersion (min → max)
- Reporting year
- 2026
- Fiscal year the figures cover
- Transparency
- 4 / 10
- vs category median 3 / 10 · above
Compared against 356 Business Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $1.1M/year in gross sales. Median is $919K — top performers pull the average up, so a typical unit earns less. Revenue-to-investment ratio: 2.3x.
Fee burden
Total ongoing fee load of 5.5% — below the Business Services average of 11.9%.
Disclosure
Transparency score 4/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Operator retention
System expanding at 37.6% CAGR over 3 years across 194 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Business Services averages
How Pirtek Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 194
- Opened
- 41
- Last reporting year
- Closed
- 2
- Terminated
- 8
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 1
- Term expired, not renewed (per Item 20)
- Turnover rate
- 1.5%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- +37.6%
- Net unit change over 3 years
- 3-yr CAGR
- +37.6%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 25
- Closed (3yr)
- 3
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 3
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 33 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 88
- Loan volume
- $47.5M
- Median loan
- $366K
- 50th percentile
- Charge-off rate
- 4.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 96.0%
- 5-yr charge-off
- 12.5%
- Loans approved 2021+
- Active lenders
- 41
- Defaults
- 1
- Typical loan rate
- 8.7%
- avg rate to borrowers
- Franchised industry avg
- 9.8%
- brand beats franchise avg ↓
- Jobs supported
- 655
- 1.4 per loan
- Lender concentration
- 16%
- top lender's share
Borrower mix: 67% went to startups / new businesses, 33% to established operators
Franchise vs independent — in commercial and industrial machinery and equipmen, franchised businesses charge off at 9.8% vs 11.3% for independents — franchising is associated with 13% lower SBA default risk in this category.
Vintage analysis
Pirtek charge-off rate by loan vintage
Top lenders financing Pirtek franchisees
Showing 3 of 41 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Pirtek's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 11-year lending trend
Instant access. No subscription.
What could kill this investment?
SBA loans charge off at 4.0% — 75% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
PIRTEK presents moderate-to-cautionary risk with solid revenue fundamentals but opaque profitability, active litigation signaling franchisee friction, and missing financial transparency required for informed ROI assessment.
Litigation (Item 3)
PIRTEK USA, LLC v. Onpoint Hydraulics, LLC d/b/a Hose Force Solutions, and Guillermo A. Madrazo (18th Judicial Circuit, Brevard County FL, filed June 27, 2025): Franchisor filed against former franchisee for abandoning business and competing in violation of post-termination covenant not to compete; default judgment entered January 15, 2026.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · CohnReznick LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 95 / 100 verdict
- 01MINORNo Item 19 (Average Net Income) disclosure limits profitability transparency despite $1.09M average revenue
- 02HIGHActive litigation (June 2025–January 2026) involving non-compete enforcement signals franchisee compliance/relationship issues
- 03HIGH19.8% YoY unit growth is positive but modest for a 194-unit system; retention rate unclear given litigation
- 04MINORHigh franchise fee ($59,500) relative to bottom-end investment ($247,013) creates 24% upfront cost burden
- 05MED10-year term locks franchisees into long commitment without disclosed exit multiples or buyback provisions
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 5.5% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Rockledge, Florida (within 10 miles of principal business address) |
| Jury trial waiver | No |
| Governing law | FL |
| Litigation count | 1 |
View Item 3 litigation summary
PIRTEK USA, LLC v. Onpoint Hydraulics, LLC d/b/a Hose Force Solutions, and Guillermo A. Madrazo (18th Judicial Circuit, Brevard County FL, filed June 27, 2025): Franchisor filed against former franchisee for abandoning business and competing in violation of post-termination covenant not to compete; default judgment entered January 15, 2026.
Items 10, 11
Training & Operations
- Classroom training
- 70 hrs
- On-the-job training
- 38 hrs
- Training location
- Franchise Corporate Headquarters & Training Facility, Rockledge, FL
- Ongoing training
- Required
- Time to open
- 5 mo
- From signing to launch
- Site selection
- franchisee
- Franchisor financing
- Not offered
- Item 10
- POS system
- SyteLine (CloudSuite Industrial by Infor)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: SyteLine (CloudSuite Industrial by Infor)
Item 20 · call current owners
Franchisee Contacts
182 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
PIRTEK · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a PIRTEK franchise?
The total investment to open a PIRTEK franchise ranges from $247K – $690K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do PIRTEK franchise owners earn?
According to Item 19 of the PIRTEK FDD, the average gross sales per unit is $1.1M. The median is $919K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is PIRTEK's franchise failure rate?
Based on SBA 7(a) loan data, PIRTEK has a charge-off rate of 4.0% across 88 loans, meaning 4.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many PIRTEK franchise locations are there?
As of their most recent FDD filing, PIRTEK has 194 total units in the United States, including 194 franchised units and 0 company-owned units. 41 new units were opened in the latest reporting year.
Is PIRTEK a good franchise to buy?
FranchiseVerdict rates PIRTEK as a A-grade franchise with a verdict score of 95 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.