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Friday
Apr232010

Walt's Auto World Franchise

Auto care services

Start-up Costs & Franchises Fees

What is the total cost to open a Walt's Auto World Franchises?

Total Cost: $135,000 USD
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees:
Term of Agreement: 10 years

Contact Information for Walt's Auto World

Walt's Auto World Inc.
1506 S. Byrne Rd.
Toledo, OH
43614

Phone Number: (419)382-1333
Fax Number: (419)382-7056

Franchise Homepage:

Historical Expansion

In what year did Walt's Auto World begin operations? 1981
When did Walt's Auto World begin selling franchises? 2000

Year United States Canada International Corporate
2004 0 0 0 1
2003 1 0 0 0
2002 0 0 0 1
2001 0 0 0 1
2000 0 0 0 1

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Training & Support

Support
In the Pressletter, Meetings, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation
Marketing
Ad slicks

Franchise Operation Restrictions

0% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 4

Absentee ownership of franchise is allowed.

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
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
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