Commercial Union Franchise
Friday, May 14, 2010 at 01:24AM Car-X Auto Service
Auto repair & maintenance services
Dedicated to serving you for almost 30 years, Car-X Auto Service is more than just a place that repairs your vehicle. In fact, Car-X prides itself on providing you with a commitment to our Five Star Service.
We began franchising in 1973 and have grown to become one of the dominant brands for undercar service in the midwestern U.S. Income opportunities are provided primarily by brakes, exhaust, road handling, steering systems, tune-ups, air conditioning, tires and oil changes for all makes of cars and light trucks.
A large percentage of vehicles that come to a shop for repair need additional work beyond the primary reason for their visit. If you properly inspect all cars, you will not only build your business, you will enjoy a base of satisfied customers whose loyalty will bring them back for other needed services. Your job is to manage and build the business, not be a mechanic.
But again, Car-X isn't only about car repair. Car-X is proud to be an integral part of your community. Car-X is a long time supporter of the Big Brother/Big Sister Organization in many markets, the Special Olympics, and recently, the Make-A-Wish Foundation. From providing tickets to local ballgames, scholarships and other donations, Car-X has always taken a proactive approach to its involvement in all of these organizations.
Car-X Auto Service has more than 185 locations system wide and has built a reputation on exceptional customer satisfaction. In fact, Car-X Auto Service was ranked the #1 automotive services franchise by Success Magazine.
Start-up Costs & Franchises Fees
What is the total cost to open a Car-X Auto Service Franchises?
Total Cost: $232,000 USD -$341,500
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 15 years
Contact Information for Car-X Auto Service
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Car-X Auto Service |
Toll Free: (800)359-2359 |
Historical Expansion
In what year did Car-X Auto Service begin operations? 1971
When did Car-X Auto Service begin selling franchises? 1973
Year United States Canada International Corporate 2004 157 0 0 23 2003 150 0 0 29 2002 135 0 0 50 2001 133 0 0 51 2000 133 0 0 53
Future Expansion
United States: Alabama, Arkansas, Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, Missouri, Mississippi, Nebraska, North Dakota, Ohio, Oklahoma, South Dakota, Tennessee, Texas, Wisconsin,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): CIT Small Business Lending
Training & Support
Training
Available at headquarters, Available at franchisee's location
Support
Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks, Regional advertising support
Franchise Operation Restrictions
58% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 5
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Managerial skills
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes