Milex Complete Auto Care/Mr. Transmission

Milex Complete Auto Care/Mr. Transmission

Auto repair and maintenance
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2021 Franchise 500 Rank
N/R Ranked #481 last year
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Initial investment
$197K - $297K
Units as of 2020
89 1.1% over 3 years

Company Overview

Founded in 1956, Mr. Transmission/Transmission USA was acquired in 1990 by Moran Industries, which also franchises Milex Complete Auto Care, Alta Mere Toys For Your Car and Smart View Window Solutions. Mr. Transmission/Transmission USA service centers repair and maintain transmission systems and drive train components. Franchisees also have the opportunity to have co-branded centers with Milex.

About Milex Complete Auto Care/Mr. Transmission

Industry
Automotive
Founded
1956
Parent Company
Moran Family of Brands
Leadership
Barbara Moran-Goodrich, CEO

Franchising Overview

Franchising Since
1976 (45 years)
# of employees at HQ
19
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
89 (as of 2020)

Franchisor Information

Corporate Address
4444 W. 147th St.
Midlothian, IL 60445

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Milex Complete Auto Care/Mr. Transmission 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
$35,000 - $45,000
Initial Investment
$197,457 - $296,767
Net Worth Requirement
$250,000 - $300,000
Cash Requirement
$70,000
Veteran Incentives
$5,000 off franchise fee
Royalty Fee
7%
Ad Royalty Fee
1%
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
Milex Complete Auto Care/Mr. Transmission has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, 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
38 hours
Classroom Training
65 hours
Additional Training
Operations visit at location when open
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
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?
Yes

Franchise 500 Ranking History

Compare where Milex Complete Auto Care/Mr. Transmission landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Milex Complete Auto Care/Mr. Transmission ranked on other franchise lists? Find out below.

Ranked #78

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021