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Alloy Wheel Repair

At a Glance

Products & Services: Cosmetic wheel repair, wheel straightening, finishing & replacement

Number of Locations: 188

Total Investment: $65K - $116K

Founded: 2000

Began Franchising: 2000

Franchise Units

Year U.S. Canadian International Company Owned
2011 160 12 13 3
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $65,000 - $116,000
Franchise Fee: $25,000 - $76,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $50,000 - $250,000
Liquid Cash Available: $10,000
Operations
Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is NOT allowed. (85% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 3-5 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

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