Start-Up Costs and Fees |
||
| Honest-1 Auto Care | DrNick's Transmission | |
| Investment | 206650 - 659150 | 149000 - 149000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 1% | |
| Year Founded | 2003 | 1978 |
| Year Franchised | 2003 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Honest-1 Auto Care | DrNick's Transmission | |
| Experience | An automotive background is helpful but not required. Solid business acumen is required with marketing aptitude as well as the ability to motivate a staff and supervise day to day operations. | |
Financing Options |
||
| Honest-1 Auto Care | DrNick's Transmission | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Honest-1 Auto Care | DrNick's Transmission | |
| Training | On-The-Job Training: 4 weeks Classroom Training: 3 weeks Additional Training: Ongoing training | |
| Support | There is a three week training program, coupled with frequent webinars, an annual convention, a proprietary line of fluid products at discounted costs to Zees, and field support through corporate staff, Region Developers, and vendors. Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | The owner will spend 50% of their time in the center, 50% networking, marketing and developing fleet accounts. Average number of employees to run a location is 8-10; 1-2 Managers, 4 Technicians and the owner. Hiring assistance is provided. | |
Expansion Plans |
||
| Honest-1 Auto Care | DrNick's Transmission | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Honest-1 Auto Care | |
| DrNick's Transmission | |
| Franchise Fee | |
| Honest-1 Auto Care | |
| DrNick's Transmission | |
| Royalty Fee | |
| Honest-1 Auto Care | 6% |
| DrNick's Transmission | |
| Advertising Fee | |
| Honest-1 Auto Care | 1% |
| DrNick's Transmission | |
| Year Founded | |
| Honest-1 Auto Care | 2003 |
| DrNick's Transmission | 1978 |
| Year Franchised | |
| Honest-1 Auto Care | 2003 |
| DrNick's Transmission | 1993 |
| Term Of Agreement | |
| Honest-1 Auto Care | 20 |
| DrNick's Transmission | |
| Renewal Fee | |
| Honest-1 Auto Care | 25% of franchise fee at the time of renewal |
| DrNick's Transmission | |
Business Experience Requirements |
|
| Experience | |
| Honest-1 Auto Care | An automotive background is helpful but not required. Solid business acumen is required with marketing aptitude as well as the ability to motivate a staff and supervise day to day operations. |
| DrNick's Transmission | |
Financing Options |
|
| Franchise Fees | |
| Honest-1 Auto Care | |
| DrNick's Transmission | |
| Start-up Costs | |
| Honest-1 Auto Care | |
| DrNick's Transmission | |
| Equipment | |
| Honest-1 Auto Care} | |
| DrNick's Transmission | |
| Inventory | |
| Honest-1 Auto Care | |
| DrNick's Transmission | |
| Receivables | |
| Honest-1 Auto Care | |
| DrNick's Transmission | |
| Payroll | |
| Honest-1 Auto Care | |
| DrNick's Transmission | |
Training & Support |
|
| Training | |
| Honest-1 Auto Care | On-The-Job Training: 4 weeks Classroom Training: 3 weeks Additional Training: Ongoing training |
| DrNick's Transmission | |
| Support | |
| Honest-1 Auto Care | There is a three week training program, coupled with frequent webinars, an annual convention, a proprietary line of fluid products at discounted costs to Zees, and field support through corporate staff, Region Developers, and vendors. Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| DrNick's Transmission | |
| Marketing | |
| Honest-1 Auto Care | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
| DrNick's Transmission | |
| Operations | |
| Honest-1 Auto Care | The owner will spend 50% of their time in the center, 50% networking, marketing and developing fleet accounts. Average number of employees to run a location is 8-10; 1-2 Managers, 4 Technicians and the owner. Hiring assistance is provided. |
| DrNick's Transmission | |
Expansion Plans |
|
| US Expansion | |
| Honest-1 Auto Care | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| DrNick's Transmission | |
| Canada Expansion | |
| Honest-1 Auto Care | |
| DrNick's Transmission | 0 |
| International Expansion | |
| Honest-1 Auto Care | |
| DrNick's Transmission | |