Auto Appraisal Network Inc.

At a Glance

Products & Services: Auto appraisal

Number of Locations: 24

Total Investment: $16.7K - $54.3K

Founded: 1989

Began Franchising: 2007

Franchise Units

Year U.S. Canadian International Company Owned
2014 19 0 0 5
2013 19 0 0 5
2012 23 0 0 5
2011 21 0 0 5
2010 20 0 0 3
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada, Mexico, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $16,700 - $54,275
Franchise Fee: $12,000 - $30,000
Ongoing Royalty Fee: $100/appraisal
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 20% off franchise fee
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $3,000 - $10,000
Operations
Franchise can be run from home. 20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 2. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 5-6 days.
Ongoing Support: Meetings, Internet, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, National media,

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