Start-Up Costs and Fees |
||
| CarX | Mikes Master Mechanics | |
| Investment | 262000 - 413500 | 122000 - 400000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 5% | 1% |
| Year Founded | 1971 | 2002 |
| Year Franchised | 1971 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| CarX | Mikes Master Mechanics | |
| Experience | Automotive knowledge is helpful, but not necessary. Strong Marketing and Communication Skills. Experience in Sales and Business Operations. The ability to manage and motivate a team of employees. Strong Organizational skills and ability to follow a proven system Desire to Build a Successful Business while servicing your community. | |
Financing Options |
||
| CarX | Mikes Master Mechanics | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| CarX | Mikes Master Mechanics | |
| Training | Operational/Management Training In-Store Training Hiring Assistance Customer Satisfaction Training Quality Assurance Procedures Accounting Systems Training Acquiring Wholesale Accounts Insurance Selection Warranty Programs Proprietary Software Training Advertising/Marketing Best Practices | |
| Support | Site Selection Assistance Facilities Design Lease Negotiation Assistance Source for Financing New Business Start-Up Planning Training Support | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| CarX | Mikes Master Mechanics | |
| US Expansion | Alabama, Arizona, Colorado, Connecticut, Florida, Georgia, Iowa, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Washington | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| CarX | |
| Mikes Master Mechanics | |
| Franchise Fee | |
| CarX | |
| Mikes Master Mechanics | |
| Royalty Fee | |
| CarX | 5% |
| Mikes Master Mechanics | 6% |
| Advertising Fee | |
| CarX | 5% |
| Mikes Master Mechanics | 1% |
| Year Founded | |
| CarX | 1971 |
| Mikes Master Mechanics | 2002 |
| Year Franchised | |
| CarX | 1971 |
| Mikes Master Mechanics | 0 |
| Term Of Agreement | |
| CarX | 15 years |
| Mikes Master Mechanics | |
| Renewal Fee | |
| CarX | |
| Mikes Master Mechanics | |
Business Experience Requirements |
|
| Experience | |
| CarX | |
| Mikes Master Mechanics | Automotive knowledge is helpful, but not necessary. Strong Marketing and Communication Skills. Experience in Sales and Business Operations. The ability to manage and motivate a team of employees. Strong Organizational skills and ability to follow a proven system Desire to Build a Successful Business while servicing your community. |
Financing Options |
|
| Franchise Fees | |
| CarX | |
| Mikes Master Mechanics | |
| Start-up Costs | |
| CarX | |
| Mikes Master Mechanics | |
| Equipment | |
| CarX} | |
| Mikes Master Mechanics | |
| Inventory | |
| CarX | |
| Mikes Master Mechanics | |
| Receivables | |
| CarX | |
| Mikes Master Mechanics | |
| Payroll | |
| CarX | |
| Mikes Master Mechanics | |
Training & Support |
|
| Training | |
| CarX | |
| Mikes Master Mechanics | Operational/Management Training In-Store Training Hiring Assistance Customer Satisfaction Training Quality Assurance Procedures Accounting Systems Training Acquiring Wholesale Accounts Insurance Selection Warranty Programs Proprietary Software Training Advertising/Marketing Best Practices |
| Support | |
| CarX | |
| Mikes Master Mechanics | Site Selection Assistance Facilities Design Lease Negotiation Assistance Source for Financing New Business Start-Up Planning Training Support |
| Marketing | |
| CarX | |
| Mikes Master Mechanics | |
| Operations | |
| CarX | |
| Mikes Master Mechanics | |
Expansion Plans |
|
| US Expansion | |
| CarX | |
| Mikes Master Mechanics | Alabama, Arizona, Colorado, Connecticut, Florida, Georgia, Iowa, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Washington |
| Canada Expansion | |
| CarX | 0 |
| Mikes Master Mechanics | |
| International Expansion | |
| CarX | |
| Mikes Master Mechanics | |