PIRTEK Jumps 95 Places, Breaks into Top 100
in Entrepreneur’s Annual Franchise 500 Ranking
PIRTEK continues its climb in Entrepreneur magazine’s Franchise 500® list, having now broken into the prestigious top 100. This year’s No. 78 ranking marks a jump of 95 places over the previous year’s numbers.
Every year, the publication assesses the nation’s top franchises based on growth rate, financial strength and stability, and the size of the franchise system. Entrees receive a cumulative score based on more than 150 data points, and the 500 franchises with the highest cumulative scores appear on the list.
“This is an outstanding recognition of the success and growth we’ve been experiencing,” said Glenn Duncan, PIRTEK USA CEO. “We’re very grateful for the PIRTEK franchise owners and team members who all helped make this milestone possible. It’s through their hard work and dedication that honors such as this Franchise 500 ranking are even possible.”
PIRTEK also ranked first in the category of “Miscellaneous Services.”
Key to PIRTEK’s success in 2017 has been its Tier 2 franchise program, a mobile-only option that allows a franchisee to lease two vehicles and keep inventory in a small warehouse or storage facility. The Tier 2 model allows for PIRTEK ownership at a significantly lower point of entry while providing the same administrative support and training from the PIRTEK corporate office.
“The Tier 2 option has been extremely successful in 2017, which was its first full year since we implemented the program,” Duncan said. “It’s made franchise ownership a reality for a larger group of people, and the response has been overwhelming.”
Among the milestones for PIRTEK in 2017 were the opening of 12 new locations and a double-digit increase in its percentage of retail sales nationwide.
PIRTEK also continued its sponsorship of the AMSOIL Championship Snocross Series in 2017. In addition to helping sponsor the entire series, the company was again the title sponsor of the PIRTEK Snocross National Presented by Jimmy John’s in Shakopee, MN.
“All of these efforts have come together for us,” said Duncan. “We’ve worked hard to arrive at this point, and we’re going to keep pushing ahead, constantly improving. We welcome the challenge.”
“PIRTEK in Top 100 of Entrepreneur’s Franchise 500 Ranking”