Fleet Enterprises

At a Glance

Products & Services: Mobile heavy-truck/trailer repairs

Number of Locations: 21

Total Investment: $34.3K - $122.5K

Founded: 2003

Began Franchising: 2007

Franchise Units

Year U.S. Canadian International Company Owned
2012 14 0 0 7
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $34,300 - $122,500
Franchise Fee: $15,000
Ongoing Royalty Fee: 5
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: Franchise fee waived on one franchise for area developers
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $75,000
Operations
Franchise can be run from home. 80% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is allowed. (70% 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 days. At franchisee's location: 5 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Regional advertising,
Other marketing support: Online advertising

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