Mr. Transmission Franchise
Wednesday, May 12, 2010 at 09:52PM Transmission repair & services
Start-up Costs & Franchises Fees
What is the total cost to open a Mr. Transmission Franchises?
Total Cost: $139,054-$176,340
Total Franchise Fees: $27,500
Ongoing Royalty Fees: 7%
Ongoing Advertising Fees: $100/mo.
Term of Agreement: 20 years
Franchise Agreement Renewal Fee: $2.5K
Contact Information for Mr. Transmission
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Mr. Transmission |
Phone Number: 800-581-8468 |
Mr. Transmission In the Press
No results at this time.Historical Expansion
In what year did Mr. Transmission begin operations? 1956
When did Mr. Transmission begin selling franchises? 1976
Year United States Canada International Corporate 2005 152 0 0 0 2004 150 0 0 0 2003 121 0 0 0 2002 104 0 0 0 2001 104 0 0 1
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No No Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): the SBA
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, National media, Regional advertising support
Franchise Operation Restrictions
Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of franchise is allowed. (93% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General 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