#316

Initial Investment

LOW: $127,000
HIGH: $253,600

Change in Units

+0.3% +1 UNITS (1 Year)
-6.3% -20 UNITS (3 Years)

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Company Profile

Founded

1975

Franchising Since

1978 (38 Years)

Corporate Address

748 Miller Dr. S.E. Leesburg, VA 20175

CEO

Robert Falconi

Parent Company

Precision Tune, Inc.

Ticker Symbol

About Precision Tune Auto Care

Since its founding in 1975, Precision Tune Auto Care centers have provided motorists with a variety of car maintenance and light repair services. The chain’s locations throughout North America, South America and Asia perform maintenance and service on brakes, air conditioners, cooling systems and more. The company is traded on the NASDAQ exchange under the PACI symbol.

Financials

Financial Requirements

Initial Investment

$127,000 - $253,600

Net-worth Requirement

$300,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$25,000

Ongoing Royalty Fee

7%

Ad Royalty Fee

1.5%

Financing Options

Precision Tune Auto Care offers in-house financing to cover the following: franchise fee

Precision Tune Auto Care has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory, accounts receivable

Veteran Incentives


$15,000 off franchise fee, reduced royalty fee for first year

Franchise 500® Rank History

Highest Rank: 153

Lowest Rank: 326

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 4 days

Training at headquarters: 10 days

Additional Training: Ongoing upon request

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

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 5 - 8

Related Franchises

Related Articles

Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

As the cost of franchising continues to drop, motivated and cash-strapped entrepreneurs are paying their dues with sweat instead. Here are four of the year's hottest franchise categories that do more with less.
2 Artists Find Second Careers with a 'Paint and Sip' Franchise

2 Artists Find Second Careers with a 'Paint and Sip' Franchise

Using their knowledge and skills, this couple revamped their careers and finances.
2016 Top 100 Low Cost Franchises

2016 Top 100 Low Cost Franchises

The top 100 low-cost franchises, all for less than $60,000.
Tracy Stapp Herold
From the NFL Locker Room to the Boardroom

From the NFL Locker Room to the Boardroom

Entrepreneurship was plan B for Chicago Bears offensive lineman Tafa Jefferson.
Tom Scarda, CFE
The Basics of Multi-Location and Franchise Marketing

The Basics of Multi-Location and Franchise Marketing

Focus on making individual businesses and the corporation thrive at the same time.
Scott Langdon

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 2nd, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012