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FixRim

At a Glance

Products & Services: Wheel repair service

Number of Locations: 12

Total Investment: $61.7K - 101K

Founded: 1994

Began Franchising: 2008

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 4 0 0 8
2010 4 0 0 8
2009 0 0 0 8
2008 0 0 0 8
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $61,695 - $100,995
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $70,000
Operations
Franchise can be run from home. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 6 days. At franchisee's location: as needed.
Ongoing Support: 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,

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