- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$192K - $231K
- Units as of 2017
-
54 16% over 3 years
Company Overview
About Cottman Transmission and Total Auto Care
| Industry | Automotive |
|---|---|
| Related Categories | Automotive Repair & Maintenance Services |
| Founded | 1962 |
| Parent Company | American Driveline Systems |
| Leadership | Randy Wright, CEO |
| Corporate Address |
201 Gibraltar Rd. Horsham, PA 19044 |
| Social | Facebook, Twitter, Instagram |
Business Overview
| Franchising Since | 1964 (60 years) |
|---|---|
| # of employees at HQ | 10 |
| Where seeking |
This company is offering new franchises in the following US states: |
| # of Units | 54 (as of 2017) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Cottman Transmission and Total Auto Care 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
|
$37,500 |
|---|---|
|
Initial Investment
|
$192,400 - $230,700 |
|
Net Worth Requirement
|
$100,000 |
|
Cash Requirement
|
$50,000 - $75,000 |
|
Veteran Incentives
|
$8,000 off franchise fee |
|
Royalty Fee
|
7.5% |
|
Ad Royalty Fee
|
$765/wk. |
|
Term of Agreement
|
15 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Cottman Transmission and Total Auto Care has relationships with third-party sources which offer financing to cover the following: franchise fee, 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 | 24 hours |
|---|---|
| Classroom Training | 40 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Lease Negotiation
Field Operations
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 3 |
|
Are exclusive territories available?
|
No |
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