Mr. Transmission/Milex Complete Auto Care

Mr. Transmission/Milex Complete Auto Care

Mr. Transmission/Milex Complete Auto Care
#495

Initial Investment

LOW: $173,825
HIGH: $246,695

Change in Units

-8.8% -8 UNITS (1 Year)
-12.1% -11 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1956

Franchising Since

1976 (40 Years)

Corporate Address

4444 W. 147th St. Midlothian, IL 60445

CEO

Barbara Moran-Goodrich

Parent Company

Moran Family of Brands

About Mr. Transmission/Milex Complete Auto Care

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.

Financials

Financial Requirements

Initial Investment

$173,825 - $246,695

Net-worth Requirement

$250,000 - $300,000

Liquid Cash Requirement

$60,000

Ongoing Fees

Initial Franchise Fee

$30,000

Ongoing Royalty Fee

7%

Ad Royalty Fee

1%+

Financing Options

Mr. Transmission/Milex Complete Auto Care has relationships with third-party sources which offer financing to cover the following: 
franchise fee, equipment, inventory

Veteran Incentives


$5,000 off franchise fee

Franchise 500® Rank History

Highest Rank: 281

Lowest Rank: 495

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 5 days

Training at headquarters: 10 days

Additional Training: Operations visit at location when open

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Absentee Ownership Allowed

Number of employees required to run: 3 - 5

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 9th, 2016

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