- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$102K - $181K
- Units as of 2022
-
48 166.7% over 3 years
Spiffy is an app-based technology and services franchise dedicated to improving the car care experience for its customers. Much of its base is located in cities and metro areas. Spiffy strives to offer a whole range of 100% contactless, eco-friendly services, such as hand car washing, disinfection, advanced detailing, oil change, tire maintenance, and other related jobs.
The idea behind zero-contact car care was developed by founder Scott Wingo in 1999. In 2014, Spiffy was born behind the strength of his passion for technology and customer experience, offering truly convenient and environmentally safe car care services for individuals and fleets alike. The company began offering franchises in 2020.
Why You May Want To Start a Spiffy Franchise
Beyond marketing, the growth of any franchise business lies at its core. Spiffy is a revolutionary concept in car care and environmentalism, and the formula is working. The company has been thriving for almost ten years and has grown to more than 25 locations across the country.
As a franchisee, you are expected to practice the brand’s ideals - that is, to provide convenient, trustworthy, professional, and green car care services. The U.S. car care market is worth well over USD 14 billion, indicating just how significant the potential is for franchisees and businesses alike, especially those with unique features to offer.
What Might Make a Spiffy Franchise a Good Choice?
Speaking of uniqueness, Spiffy may have quite a lot up its sleeve, starting with its app-driven operations. People can book through their Spiffy app to be scheduled for services in under two minutes. Customers can then pay and come for the service they need. Customers can also track the progress of the service through the app.
The Spiffy Green Solution is another unique feature of the brand. It strives to ensure that all car care practices of the company are planet-safe, from water conservation to oil recycling. Services are comprehensive, and diverse partnerships with facilities such as Satellite and PRTI may promote an all-in-one market for customers.
To be part of the Spiffy 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 a Spiffy Franchise
As you decide if opening a Spiffy 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 a Spiffy franchise would do well in your community. While competition is healthy, too much of it may not allow for the most growth.
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 Spiffy franchising team questions.
Company Overview
About Spiffy
| Industry | Automotive |
|---|---|
| Related Categories | Car-Wash Services |
| Founded | 2014 |
| Parent Company | Get Spiffy Inc. |
| Leadership | Scot Wingo, CEO & Cofounder |
| Corporate Address |
4506 S. Miami Blvd., #150 Durham, NC 27703 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
| Franchising Since | 2020 (4 years) |
|---|---|
| # of employees at HQ | 550 |
| Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming |
| # of Units | 48 (as of 2022) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Spiffy 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
|
$40,000 |
|---|---|
|
Initial Investment
|
$101,550 - $181,400 |
|
Net Worth Requirement
|
$250,000 |
|
Cash Requirement
|
$150,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
7% |
|
Ad Royalty Fee
|
2% |
|
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.
| Third Party Financing | Spiffy 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 | 60 hours |
|---|---|
| Classroom Training | 70 hours |
| Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
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 |
|
Are exclusive territories available?
|
No |
Additional Rankings
Curious to know where Spiffy ranked on other franchise lists? Find out below.
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