#170
At a Glance
Products & Services: Auto maintenance & repair, engine diagnostics
Number of Locations: 339
Total Investment: $120K - 225.6K
Founded: 1975
Began Franchising: 1978
Public Owned PACI
About Precision Tune Auto Care
Since its founding in 1975, Precision Tune Auto Care centers have provided motorists with a variety of car maintenance and light repair services. The chain's locations throughout North America, South America and Asia perform maintenance and service on brakes, air conditioners, cooling systems and more. The company is traded on the NASDAQ exchange under the PACI symbol.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 232 | 0 | 80 | 27 |
| 2010 | 246 | 2 | 75 | 16 |
| 2009 | 263 | 2 | 71 | 8 |
| 2008 | 277 | 2 | 102 | 7 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $120,000 - $225,600
Franchise Fee: $25,000
Ongoing Royalty Fee: 7.5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 7.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $80,000
Operations
20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5 - 8. Absentee ownership of franchise is allowed. (90% 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: 1 day-2 weeks+. Ongoing upon request
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Radio & TV, national coupon advertising, Yellow Pages
Franchise Ranking History
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