Experience and Expense: How to Open an Industrial Franchise Business
If you’re wondering how to open an industrial franchise business with PIRTEK, it’s helpful first to understand our financial and experiential requirements. Hint: they’re likely less challenging than you think!
Buying a PIRTEK franchise is an excellent investment for the right candidate who’s looking to establish themselves in a growing industry. The U.S. machinery maintenance and heavy equipment repair industry has enjoyed a steady expansion over recent years. Recent estimates value the sector at around $44 billion.
Buying a Franchise Is a Great Way to Build a Business
For those who don’t have the time or money to develop a business but still want a return on their investment, franchising is a great way to build a successful company. Determining which franchise opportunity is right for you takes some legwork. Among the many questions, you’ll need to ask yourself are these two:
- Can I afford it?
- Do I have the proper experience?
Can I Afford the PIRTEK Opportunity?
PIRTEK has designed a two-tier investment opportunity that allows people to buy their franchise at a level that best suits their needs.
Our Tier 2 franchise plan is a great option for those who need to build some more capital first. Since there is no storefront, the Tier 2 investment allows you to start your business as a mobile operation before gradually scaling up to include a storefront operation. This level’s investment starts around $222,400 and includes your training, computer systems, and five months of operating expenses.
For those with access to more capital upfront, the Tier 1 investment opportunity includes everything in Tier 2 with the addition of a retail store, full staff, and additional mobile service vehicles. This choice starts at around $413,300 for individuals with a liquid capital of about $899,300.
Do I Have the Professional Experience Needed to Run a PIRTEK?
Believe it or not, PIRTEK doesn’t require you to have any professional experience in the industry. If you enjoy working hard, are willing to adapt to our business model, and are ready to learn some new skills, you may be our ideal candidate.
With years of experience in the industry and a wealth of knowledge to share, our experts provide each franchisee with the industry knowledge they need to start on a strong footing. We know starting a business can be difficult; it requires courage, self-confidence, and a lot of hard work. So, we’ve designed our training and support programs to make the process of opening your own business a little bit easier.
Do you have more questions about how to open an industrial franchise business with PIRTEK? Contact us today to get your answers!