TechZone Airbag Service
At a Glance
Products & Services: Auto interior repairs & air bag services
Number of Locations:
Total Investment: $36.5K - 108.9K
Founded: 1992
Began Franchising: 1994
Private Owned
About TechZone Airbag Service
In the early '90s, engineer Douglas C. Hansen was working for an aerospace firm developing airbag inflators. He discovered there was a lack of understanding regarding airbag systems–how they worked, how they should be handled and how they should be repaired.Propelled by that discovery and recent legislation that required all cars to be equipped with driver and passenger airbags, Hansen and his wife, Victoria, founded Airbag Service. Franchisees work with repair shops and consumers in testing, maintaining and replacing airbags.
The company has co-branding relationships with Novus and Apple Auto Glass.
Startup Costs, Ongoing Fees and Financing
Total Investment: $36,500 - $108,900
Franchise Fee: $15,000 - $35,000
Ongoing Royalty Fee: 8.5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $15,000 - $35,000
Ongoing Royalty Fee: 8.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $25,000
Operations
Franchise can be run from home. 20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is allowed. (100% 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: 3 weeks. At franchisee's location: As needed. Ongoing
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,
Other marketing support: Web media & online scheduling
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