Start-Up Costs and Fees |
||
| Indy Lube | Precision Tune Auto Care | |
| Investment | 250000 - 450000 | 127000 - 253600 |
| Franchise Fee | ||
| Royalty Fee | 5% | 7.5%-6% |
| Advertising Fee | 5% | 1.50% |
| Year Founded | 1986 | 1975 |
| Year Franchised | 1989 | 1978 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Indy Lube | Precision Tune Auto Care | |
| Experience | ||
Financing Options |
||
| Indy Lube | Precision Tune Auto Care | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Indy Lube | Precision Tune Auto Care | |
| Training | Headquarters 2-3 Weeks | On-The-Job Training: 4 hours Classroom Training: 46.5 hours Additional Training: Ongoing upon request |
| Support | Central Data Processing: At Additional Cost Central Purchasing: At Additional Cost Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline | Purchasing Co-ops 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 | Absentee Ownership Allowed Number of Employees Required to Run: 5 - 8 | |
Expansion Plans |
||
| Indy Lube | Precision Tune Auto Care | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Indy Lube | |
| Precision Tune Auto Care | |
| Franchise Fee | |
| Indy Lube | |
| Precision Tune Auto Care | |
| Royalty Fee | |
| Indy Lube | 5% |
| Precision Tune Auto Care | 7.5%-6% |
| Advertising Fee | |
| Indy Lube | 5% |
| Precision Tune Auto Care | 1.50% |
| Year Founded | |
| Indy Lube | 1986 |
| Precision Tune Auto Care | 1975 |
| Year Franchised | |
| Indy Lube | 1989 |
| Precision Tune Auto Care | 1978 |
| Term Of Agreement | |
| Indy Lube | 20 years +5-10 |
| Precision Tune Auto Care | |
| Renewal Fee | |
| Indy Lube | |
| Precision Tune Auto Care | |
Business Experience Requirements |
|
| Experience | |
| Indy Lube | |
| Precision Tune Auto Care | |
Financing Options |
|
| Franchise Fees | |
| Indy Lube | |
| Precision Tune Auto Care | |
| Start-up Costs | |
| Indy Lube | |
| Precision Tune Auto Care | |
| Equipment | |
| Indy Lube} | |
| Precision Tune Auto Care | |
| Inventory | |
| Indy Lube | |
| Precision Tune Auto Care | |
| Receivables | |
| Indy Lube | |
| Precision Tune Auto Care | |
| Payroll | |
| Indy Lube | |
| Precision Tune Auto Care | |
Training & Support |
|
| Training | |
| Indy Lube | Headquarters 2-3 Weeks |
| Precision Tune Auto Care | On-The-Job Training: 4 hours Classroom Training: 46.5 hours Additional Training: Ongoing upon request |
| Support | |
| Indy Lube | Central Data Processing: At Additional Cost Central Purchasing: At Additional Cost Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| Precision Tune Auto Care | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Indy Lube | |
| Precision Tune Auto Care | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Indy Lube | |
| Precision Tune Auto Care | Absentee Ownership Allowed Number of Employees Required to Run: 5 - 8 |
Expansion Plans |
|
| US Expansion | |
| Indy Lube | |
| Precision Tune Auto Care | |
| Canada Expansion | |
| Indy Lube | |
| Precision Tune Auto Care | 0 |
| International Expansion | |
| Indy Lube | |
| Precision Tune Auto Care | |