Just heard a bunch of Poorteks ( what Pirtek should really be called) closed down this year. All these closed locations are supposedly in Large cities like Dallas and Indianapolis, Los Angeles etc...Be very careful of this franchise. It seems like the old owner is done with the Poortek business and has just let his remaining few franchisees rot on the vine. Clearwater is bankrupt, Plano is bankrupt, Nashville is bankrupt and I have heard of many more in California that are about to close or file for protection. Google "Pirtek Bankrupt" or go to www.franchiseperfection.com and search Pirtek. This company is imploding so the news changes daily. Stay away from Pirtek.
As a past Pirtek Franchise owner. All I can say is buyer beware. You will never get your return on investment and fall deeper & deeper in debt. Many franchises have gone backrupt, closed or bought back buy the franchisor at bargain basement prices.
If you want a copy of the press release announcing the Pirtek France Bankruptcy I have it. I also have the bankruptcy filings for Nashville, Plano, Houston, Tampa and others. Pirtek has taken over many locations and is struggling. Pirtek franchisees are facing the bankruptcy challenge every week. Accounts Recievables are sky high, sales are way off, cash flow is suffering. A recent large price increase has pushed more franchisees over the edge, many locations are slated to close later this year. Stay clear of Pirtek, it will do your wallet good. Thanks, Scott. 813-318-1258
"Business owners who operate under a franchise agreement pay royalties for the use of the franchisor's brand in return for the benefits of the parent company's marketing, supply chain, operating procedures and other established systems. All that can fall apart if the franchisor files for bankruptcy. As the recession drags on and franchise royalties fall, franchisors can run into trouble covering their fixed operating costs -- particularly if they are unable to generate new franchisee locations." From an article at CNN/Money