Econo Lube N' Tune Franchise
Lube and tune-up service
Econo Lube N' Tune & Brake's "turn-key" process is as simple as it sounds. If you are approved for a franchise and successfully complete the intensive initial training program - you'll simply "turn-the-key" and step into a fully staffed, equipped and operationally ready Econo Lube N' Tune & Brakes automotive service center, though we also provide you a credit which you can use to make additional cosmetic improvements.
Econo Lube N' Tune & Brakes has existing centers as well as new locations available for franchising. Currently the Company is focusing on expansion in Arizona, Colorado, and Dallas (9/1/04)
Econo Lube N' Tune & Brakes approaches the franchise process with a different philosophy than most other franchise companies. At Econo Lube N' Tune & Brakes we won't ask a potential franchise owner to invest or participate in developing a location until the company itself has made a substantial investment in time, energy, professional services and money. Before a prospective franchise owner is asked to commit to an Econo Lube N' Tune & Brakes location, the Company has:
* Identified the marketplace
* Selected a site
* Purchased the property
* Planned, designed and constructed the building
* In most cases, acquired and installed all furniture, fixtures, equipment and signage
* Fully stocked the location with all oil change, tune-up and brake parts needed
* Hired and trained a staff to operate the location
* Trained the new franchise owner
Anyone who has ever opened their own business and has had to accomplish all of these goals on their own can truly relate, and appreciate the "turn-key" process we offer here at Econo Lube N' Tune & Brakes.
Start-up Costs & Franchises Fees
What is the total cost to open a Econo Lube N' Tune Franchises?
Total Cost: Not Available
Total Franchise Fees: $29,500
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: 6%
Term of Agreement: 20 years
Contact Information for Econo Lube N' Tune
|
Econo Lube N' Tune, Inc. |
Phone Number: (800) 628-0253 |
Historical Expansion
In what year did Econo Lube N' Tune begin operations? 1973
When did Econo Lube N' Tune begin selling franchises? 1973
Year United States Canada International Corporate 2007 182 0 0 18
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