Interior Magic
Auto appearance reconditioning- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$33K - $100K
- Units as of 2017
-
51 13.3% over 3 years
Company Overview
About Interior Magic
- Industry
- Automotive
- Related Categories
- Automotive Appearance Services
- Founded
- 2003
- Leadership
- Jeff Byerly, CEO
- Corporate Address
-
211 Cotton Grove Rd.
Lexington, NC 27292
Business Overview
- Franchising Since
- 2004 (19 years)
- # of employees at HQ
- 16
- Where seeking
-
This company is offering new franchisees worldwide.
This company is offering new franchisees in the following US states:
- # of Units
- 51 (as of 2017)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Interior Magic 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
- $14,900 - $39,900
- Initial Investment
- $33,050 - $100,060
- Cash Requirement
- $15,000 - $45,000
- Veteran Incentives
- 25% off franchise fee
- Royalty Fee
- 6%
- Term of Agreement
- 10 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.
- In-House Financing
- Interior Magic offers in-house financing to cover the following: equipment, inventory
- Third Party Financing
- Interior Magic 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
- 40 hours
- Classroom Training
- 120 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesSocial MediaWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Interior Magic? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Interior Magic landed on this year’s Franchise 500 Ranking versus previous years.
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