Milex Complete Auto Care
At a Glance
Products & Services: Automotive repair
Number of Locations: 29
Total Investment: $144.15K - 189.23K
Founded: 1978
Began Franchising: 1979
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 29 | 0 | 0 | 0 |
| 2010 | 34 | 0 | 0 | 0 |
| 2009 | 35 | 0 | 0 | 0 |
| 2008 | 35 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Africa, Middle East, South America, Western Europe.
Startup Costs, Ongoing Fees and Financing
Total Investment: $144,150 - $189,225
Franchise Fee: $30,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 20 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $60,000
Operations
1% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 4. Absentee ownership of franchise is allowed. (98% 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: 1 week. At franchisee's location: 3 weeks.
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, Regional advertising,
Franchise Ranking History
Franchise Search
Featured Franchises For Sale
Advertisement
Buy a Business or Franchise with Your Retirement Funds
Use IRA and 401(k) funds to start a business or Franchise - No Tax penaltiesClick HERE for More Info
