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2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$34K - $123K
Unit data is unavailable
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Company Overview

About Fleet Enterprises

Industry
Automotive
Founded
2003
Leadership
Darrin Gross, CEO
Corporate Address
1000 John R Rd.
Troy, MI 48083

Business Overview

Franchising Since
2007 (16 years)
# of employees at HQ
16
Where seeking

This company is offering new franchisees in the following US states:

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Fleet Enterprises 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
$15,000
Initial Investment
$34,300 - $122,500
Net Worth Requirement
$150,000
Cash Requirement
$75,000
Veteran Incentives
Franchise fee waived on one franchise for area developers
Royalty Fee
5
Ad Royalty Fee
1
Term of Agreement
10 years
Is franchise term renewable?
Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Fleet Enterprises offers in-house financing to cover the following: accounts receivable
Third Party Financing
Fleet Enterprises has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, payroll

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
5 days
Classroom Training
5 days
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company’s legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022