Start-Up Costs and Fees |
||
| Mikes Master Mechanics | CARSTAR | |
| Investment | 122000 - 400000 | 298200 - 804300 |
| Franchise Fee | ||
| Royalty Fee | 6% | 1.50% |
| Advertising Fee | 1% | 1% |
| Year Founded | 2002 | 1989 |
| Year Franchised | 0 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mikes Master Mechanics | CARSTAR | |
| 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 |
||
| Mikes Master Mechanics | CARSTAR | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Mikes Master Mechanics | CARSTAR | |
| 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 | On-The-Job Training: 12 hours Classroom Training: 20 hours Additional Training: Regional training, 1-2 days; Ongoing training at franchisee's location as needed |
| Support | Site Selection Assistance Facilities Design Lease Negotiation Assistance Source for Financing New Business Start-Up Planning Training Support | 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 Regional Advertising Social media SEO Website development Email marketing | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 8 - 9 | |
Expansion Plans |
||
| Mikes Master Mechanics | CARSTAR | |
| 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 | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mikes Master Mechanics | |
| CARSTAR | |
| Franchise Fee | |
| Mikes Master Mechanics | |
| CARSTAR | |
| Royalty Fee | |
| Mikes Master Mechanics | 6% |
| CARSTAR | 1.50% |
| Advertising Fee | |
| Mikes Master Mechanics | 1% |
| CARSTAR | 1% |
| Year Founded | |
| Mikes Master Mechanics | 2002 |
| CARSTAR | 1989 |
| Year Franchised | |
| Mikes Master Mechanics | 0 |
| CARSTAR | 1989 |
| Term Of Agreement | |
| Mikes Master Mechanics | |
| CARSTAR | |
| Renewal Fee | |
| Mikes Master Mechanics | |
| CARSTAR | |
Business Experience Requirements |
|
| Experience | |
| 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. |
| CARSTAR | |
Financing Options |
|
| Franchise Fees | |
| Mikes Master Mechanics | |
| CARSTAR | |
| Start-up Costs | |
| Mikes Master Mechanics | |
| CARSTAR | |
| Equipment | |
| Mikes Master Mechanics} | |
| CARSTAR | |
| Inventory | |
| Mikes Master Mechanics | |
| CARSTAR | |
| Receivables | |
| Mikes Master Mechanics | |
| CARSTAR | |
| Payroll | |
| Mikes Master Mechanics | |
| CARSTAR | |
Training & Support |
|
| Training | |
| 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 |
| CARSTAR | On-The-Job Training: 12 hours Classroom Training: 20 hours Additional Training: Regional training, 1-2 days; Ongoing training at franchisee's location as needed |
| Support | |
| Mikes Master Mechanics | Site Selection Assistance Facilities Design Lease Negotiation Assistance Source for Financing New Business Start-Up Planning Training Support |
| CARSTAR | 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 | |
| Mikes Master Mechanics | |
| CARSTAR | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| Mikes Master Mechanics | |
| CARSTAR | Absentee Ownership Allowed Number of Employees Required to Run: 8 - 9 |
Expansion Plans |
|
| US Expansion | |
| 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 |
| CARSTAR | 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 | |
| Mikes Master Mechanics | |
| CARSTAR | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Mikes Master Mechanics | |
| CARSTAR | |