Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Pirtek franchise financing options

Compare costs, fees and where to get financing for a Pirtek.

Overall costs for Pirtek run anywhere from $199,400 to $767,300. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Pirtek franchise may result in higher or lower fees.

Franchise fees

Pirtek franchise fees total around $42,000, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Initial franchise fee $20,000 to $50,000
Opening setup fee $0 to $14,000
Estimated total $20,000 to $64,000

Equipment fees

Equipment fees total $169,300 for Pirtek. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Computer system, mobility solution and computer connection fee $5,000 to $10,000
Signs and equipment $0 to $80,000
Mobile sales and service units $60,000 to $183,000
Tracking system $300 to $300
Estimated total $65,300 to $273,300

Real estate fees

Real estate will set you back $23,050 for Pirtek, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Leasehold improvements $0 to $37,000
Prepaid rent and security deposit $700 to $5,000
Utility deposits and business licenses $400 to $3,000
Estimated total $1,100 to $45,000

Inventory costs

Initial inventory for Pirtek shakes out to $65,500. This is more expensive than the nationwide average of $53,119.
Inventory Cost
Opening inventory $41,000 to $90,000
Estimated total $41,000 to $90,000

Insurance costs

Initial insurance costs for Pirtek run $30,000. This means you'll be paying more than the overall nationwide average of $6,311.
Insurance Cost
Insurance premiums $20,000 to $40,000
Insurance $2,000-$10,000 annual premium for liability insurance only; plus other annual premiums ranging from $4,000 -$30,000 or more, which will vary under the circumstances.
Estimated total $20,000 to $40,000

Administrative fees

Pirtek administrative fees total up to $3,500 — which comes in under the overall nationwide average of $6,761.
Admin Cost
Attorneys' fees $2,000 to $5,000
Estimated total $2,000 to $5,000

Other expenses

Miscellaneous expenses for Pirtek total $150,000 — more than the nationwide average of $69,970.
Other Cost
Five months' additional funds $50,000 to $250,000
Estimated total $50,000 to $250,000
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

Since the estimated total for Pirtek is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Pirtek franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Pirtek about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $483,350 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

You have several options when it comes to financing a Pirtek — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
  • Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
  • Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Pirtek opening costs.
  • SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Also check if Pirtek franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $199,400. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
National Funding business loans
$5,000
$500,000
Be in business at least one year and make at least $150,000 in annual sales. Other loan types have additional requirements.
Working capital loans and equipment financing, some high-risk industries may be eligible.
Fundbox lines of credit
$1,000
$150,000
6 + months in business, $100,000+ in annual revenue, 600+ credit score
Get flat rate, short-term financing based on the financial health of your business, not your credit score.
Bitty Advance business cash advances
$2,000
$25,000
$5,000 monthly bank revenue, 6+ months in business, business bank account open 3+ months, 450+ credit score
With APRs in the triple digits, this is best saved as a last resort.
loading

Compare up to 4 providers

How Pirtek stacks up

Compare how Pirtek holds up against two similarly sized franchises.
Pearle Vision Pirtek The Goddard School
Average Franchise fees NA $42,000 $135,000
Average Equipment fees $137,861 $169,300 $253,500
Average Real estate fees $190,857 $23,050 $105,000
Average Training fees $1,000 NA $36,000
Average Inventory fees NA $65,500 NA
Average Marketing fees NA NA $84,150
Average Licenses and permits fees NA NA NA
Average Insurance fees $2,500 $30,000 NA
Average Admin fees NA $3,500 NA
Average Personnel fees NA NA $4,250
Average Other fees $74,375 $150,000 $162,450

Bottom line

Pirtek franchise costs run a total of $483,350. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site