Start-Up Costs and Fees |
||
| Precision Tune Auto Care | Lubepro's International Inc. | |
| Investment | 127000 - 253600 | 223000 - 274000 |
| Franchise Fee | ||
| Royalty Fee | 7.5%-6% | 5% |
| Advertising Fee | 1.50% | 5% |
| Year Founded | 1975 | 1978 |
| Year Franchised | 1978 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Precision Tune Auto Care | Lubepro's International Inc. | |
| Experience | ||
Financing Options |
||
| Precision Tune Auto Care | Lubepro's International Inc. | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Precision Tune Auto Care | Lubepro's International Inc. | |
| Training | On-The-Job Training: 4 hours Classroom Training: 46.5 hours Additional Training: Ongoing upon request | 1. Rockford, IL 10 Days 2. In-Store 7 Days |
| 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 | Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
| 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 | Average Number of Employees: 9 Full-time, 0 Part-time Passive Ownership: Allowed |
Expansion Plans |
||
| Precision Tune Auto Care | Lubepro's International Inc. | |
| US Expansion | Illinois, Indiana, Minnesota, Wisconsin | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Precision Tune Auto Care | |
| Lubepro's International Inc. | |
| Franchise Fee | |
| Precision Tune Auto Care | |
| Lubepro's International Inc. | |
| Royalty Fee | |
| Precision Tune Auto Care | 7.5%-6% |
| Lubepro's International Inc. | 5% |
| Advertising Fee | |
| Precision Tune Auto Care | 1.50% |
| Lubepro's International Inc. | 5% |
| Year Founded | |
| Precision Tune Auto Care | 1975 |
| Lubepro's International Inc. | 1978 |
| Year Franchised | |
| Precision Tune Auto Care | 1978 |
| Lubepro's International Inc. | 1985 |
| Term Of Agreement | |
| Precision Tune Auto Care | |
| Lubepro's International Inc. | 20 Years +10+10 |
| Renewal Fee | |
| Precision Tune Auto Care | |
| Lubepro's International Inc. | |
Business Experience Requirements |
|
| Experience | |
| Precision Tune Auto Care | |
| Lubepro's International Inc. | |
Financing Options |
|
| Franchise Fees | |
| Precision Tune Auto Care | Yes |
| Lubepro's International Inc. | Yes |
| Start-up Costs | |
| Precision Tune Auto Care | |
| Lubepro's International Inc. | |
| Equipment | |
| Precision Tune Auto Care} | |
| Lubepro's International Inc. | |
| Inventory | |
| Precision Tune Auto Care | |
| Lubepro's International Inc. | |
| Receivables | |
| Precision Tune Auto Care | |
| Lubepro's International Inc. | |
| Payroll | |
| Precision Tune Auto Care | |
| Lubepro's International Inc. | |
Training & Support |
|
| Training | |
| Precision Tune Auto Care | On-The-Job Training: 4 hours Classroom Training: 46.5 hours Additional Training: Ongoing upon request |
| Lubepro's International Inc. | 1. Rockford, IL 10 Days 2. In-Store 7 Days |
| Support | |
| 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 |
| Lubepro's International Inc. | Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
| Marketing | |
| Precision Tune Auto Care | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
| Lubepro's International Inc. | |
| Operations | |
| Precision Tune Auto Care | Absentee Ownership Allowed Number of Employees Required to Run: 5 - 8 |
| Lubepro's International Inc. | Average Number of Employees: 9 Full-time, 0 Part-time Passive Ownership: Allowed |
Expansion Plans |
|
| US Expansion | |
| Precision Tune Auto Care | |
| Lubepro's International Inc. | Illinois, Indiana, Minnesota, Wisconsin |
| Canada Expansion | |
| Precision Tune Auto Care | 0 |
| Lubepro's International Inc. | |
| International Expansion | |
| Precision Tune Auto Care | |
| Lubepro's International Inc. | |