Signing out of account, Standby...
- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$154K - $400K
- Units as of 2022
19 20% over 3 years
Founded on the premise of providing exemplary service in the automotive industry, Auto-Lab Complete Car Care Centers has been in operation since 1987. The business started as one store, which quickly grew to five locations. Due to this growth, the company began franchising in 1989 and has multiple locations spread throughout the United States.
Auto-Lab Complete Car Care Centers pride themselves on providing excellent customer service coupled with the various services. Services offered include engine repairs, oil changes, the sale of tires, and tire alignment, among others. The company is looking to increase its franchise network across the country to increase its reach.
Why You May Want to Start an Auto-Lab Complete Car Care Centers Franchise
Starting an Auto-Lab Car Care Centers franchise may be the ideal business investment for you if you are looking to enter the automotive industry. If you enjoy interacting with customers and providing excellent customer service as the core of your business, then you may be the typical Auto-Lab Complete Car Care Center franchisee. You will also get the chance to hone your business skills and learn a thing or two about the automotive industry.
A franchisee does not need to have any prior experience running a business, or even in the automotive industry. Auto-Lab Car Care Centers provide a continuous technical training program to get you up to speed.
What Might Make an Auto-Lab Complete Car Care Centers Franchise a Good Choice?
Auto-Lab Complete Car Care Centers has a group purchasing program for its franchisees, which may create room for more affordable prices for supplies. Additionally, Auto-Lab Complete Car Care Centers uses diagnostic equipment and state-of-the-art technology coupled with quality workmanship for what it believes to be excellent services.
A franchisee with Auto-Lab Complete Car Care Centers will be expected to have integrity, practice honesty, and offer fair pricing. Since prior experience is not required, a franchisee must take on the robust training program offered by the franchise to keep up with its requirements.
To be part of the Auto-Lab Complete Car Care Centers franchisee team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
How To Open an Auto-Lab Complete Car Care Centers Franchise
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Auto-Lab Complete Car Care Centers franchising team questions.
As you decide if opening an Auto-Lab Complete Car Care Centers franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if an Auto-Lab Complete Car Care Centers franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
About Auto-Lab Complete Car Care Centers
- Related Categories
- Automotive Repair & Maintenance Services, Miscellaneous Maintenance Businesses
- Parent Company
- Auto-Lab Franchising LLC
- Stephen Wilson, Owner/CEO
- Corporate Address
6001 N. Adams Rd., #255
Bloomfield Hills, MI 48304
- Franchising Since
- 1989 (34 years)
- # of employees at HQ
- Where seeking
This company is offering new franchisees in the following US states: Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming
- # of Units
- 19 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Auto-Lab Complete Car Care Centers franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $154,250 - $399,500
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
- $300,000 - $400,000
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 50% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 15 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Auto-Lab Complete Car Care Centers has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 56 hours
- Classroom Training
- 40 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Auto-Lab Complete Car Care Centers? Request a free consultation with a Franchise Advisor now.
Are you eager to see what else is out there? Browse franchises that are similar to Auto-Lab Complete Car Care Centers.
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