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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
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 500®: #488 (2011), #479 (2010), #402 (2008),