Precision Tune Auto Care
Auto maintenance & repair, engine diagnosticsBackground
Founded: 1975 Franchising since: 1978
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.
Franchisor has 32 employee(s); 3 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
Territory size: Defined by county/counties
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.
|
748 Miller Dr. S.E. Leesburg, Virginia 20175 |
Phone: (800)438-8863/ (703)777-9095 |
Franchisor has 32 employee(s); 3 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 263 | 2 | 71 | 8 |
| 2008 | 277 | 2 | 102 | 7 |
| 2007 | 301 | 2 | 97 | 1 |
| 2006 | 316 | 3 | 98 | 0 |
| 2005 | 329 | 2 | 95 | 0 |
Where Seeking Franchisees
In the U.S. Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
Territory size: Defined by county/counties
Costs and Fees
|
Total investment: $123K-208.1K Franchise fee: $25K |
Ongoing royalty fee: 7.5% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | Yes | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | No |
Qualifications
Net worth requirement: $250K+
Cash liquidity requirement: $70K
Business Experience:
- General business experience
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)
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- 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
Rankings
Franchise 500® rank:
#220 (2009); #326 (2008); #167 (2007); #153 (2006); #262 (2005);
America's Top Global Franchises:
#169 (2009); #120 (2007); #106 (2006); #164 (2005);
#220 (2009); #326 (2008); #167 (2007); #153 (2006); #262 (2005);
America's Top Global Franchises:
#169 (2009); #120 (2007); #106 (2006); #164 (2005);