- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$130K - $173K
- Units as of 2023
-
4 300.0% over 3 years
Company Overview
About FuelFox
Industry | Automotive |
---|---|
Related Categories | Miscellaneous Automotive Products & Services |
Founded | 2018 |
Parent Company | FuelFox Franchise Co |
Leadership | Ben Morris, CEO |
Corporate Address |
2100 Southbridge Pkwy., #529 Birmingham, AL 35209 |
Business Overview
Franchising Since | 2023 (1 years) |
---|---|
# of employees at HQ | 10 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 4 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a FuelFox franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$75,000 |
---|---|
Initial Investment
|
$130,300 - $173,300 |
Net Worth Requirement
|
$300,000 |
Cash Requirement
|
$150,000 |
Royalty Fee
|
9% |
Ad Royalty Fee
|
0.5% |
Term of Agreement
|
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | FuelFox has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 20-40 hours |
---|---|
Classroom Training | 20-40 hours |
Ongoing Support |
Meetings & Conventions
Grand Opening
Online Support
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Social Media
Website Development
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
Yes |
# of employees required to run | 2 |
Are exclusive territories available?
|
Yes |
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