Dent Doctor Franchise
Tuesday, April 27, 2010 at 05:38AM Paint-free dent repair service
Thomas Harris founded Dent Doctor in Little Rock, Arkansas, in 1986. This mobile and shop-based franchise provides paint-free dent repair to consumers, fleet companies and body shops.
Dent Doctor, which began franchising in 1990, reported repairing over 350,000 USD vehicles in its first 14 years in business.
Start-up Costs & Franchises Fees
What is the total cost to open a Dent Doctor Franchises?
Total Cost: $47,500-$84,900
Total Franchise Fees: $9,900-$19,900
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Contact Information for Dent Doctor
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Dent Doctor |
Phone Number: (501)224-0500 |
Historical Expansion
In what year did Dent Doctor begin operations? 1986
When did Dent Doctor begin selling franchises? 1990
Year United States Canada International Corporate 2005 24 1 1 3 2004 29 1 1 3 2003 37 1 1 3 2002 41 1 1 3 2001 39 1 0 4
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes 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): Franchise Finance (Little Rock, AR)
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support
Franchise Operation Restrictions
5% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 3
Absentee ownership of franchise is allowed. (95% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience No automotive experience required
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