Tuesday
Apr272010
Lentz United States Service Centers Franchise
Tuesday, April 27, 2010 at 03:56AM Brakes/mufflers/chassis
Start-up Costs & Franchises Fees
What is the total cost to open a Lentz United States Service Centers Franchises?
Total Cost: $114,000 USD -$130,000 USD
Total Franchise Fees: $20,000 USD
Ongoing Royalty Fees: to 7%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: 25% of original fee
Contact Information for Lentz United States Service Centers
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Lentz United States Service Centers |
Phone Number: (269)342-2200 |
Historical Expansion
In what year did Lentz United States Service Centers begin operations? 1983
When did Lentz United States Service Centers begin selling franchises? 1989
Year United States Canada International Corporate 2005 13 0 0 11 2004 16 0 0 11 2003 15 0 0 11 2002 15 0 0 11 2001 15 0 0 11
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): Medallion Financial Corp. & preferred lenders
Training & Support
Support
In the Pressletter, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks
Franchise Operation Restrictions
40% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 4
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:
Sales & marketing experience
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