#436
At a Glance
Products & Services: Transmission repair & services
Number of Locations: 104
Total Investment: $147.55K - 178.84K
Founded: 1956
Began Franchising: 1976
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 104 | 0 | 0 | 0 |
| 2010 | 116 | 0 | 0 | 0 |
| 2009 | 118 | 0 | 0 | 0 |
| 2008 | 136 | 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: $147,554 - $178,840
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
Number of employees needed to run franchised unit: 3 - 5. Absentee ownership of franchise is allowed. (93% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: 3 weeks. Operations visit at location when open : 1 week.
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,
Franchise Ranking History
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