- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$170K - $3.1M
- Units as of 2023
-
194 25.2% over 3 years
Company Overview
About Fix Auto USA
Industry | Automotive |
---|---|
Related Categories | Automotive Repair & Maintenance Services |
Founded | 1997 |
Parent Company | Driven Brands |
Leadership | Michael Macaluso, EVP and Group VP, Paint, Collision & Glass |
Corporate Address |
440 S. Church St. Charlotte, NC 28202 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
Franchising Since | 1998 (26 years) |
---|---|
# of employees at HQ | 10 |
Where seeking |
This company is offering new franchises in the following US states: Arizona, California, Colorado, Illinois, Minnesota, New Mexico, Nevada, Ohio, Oregon, Utah, Washington |
# of Units | 194 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Fix Auto USA 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
|
$10,000 |
---|---|
Initial Investment
|
$169,700 - $3,090,000 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$30,000 |
Royalty Fee
|
3% |
Ad Royalty Fee
|
0.75% |
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 | Fix Auto USA 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 | 6-10 hours |
---|---|
Classroom Training | 16-20 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
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?
|
No |
Are exclusive territories available?
|
No |
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