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Precision Tune Auto Care

Auto maintenance & repair, engine diagnostics

Background

Founded: 1975 Franchising since: 1978
Since its founding in 1975, Precision Tune Auto Care centers have provided motorists with a variety of car maintenance and light repair services. The chain's locations throughout North America, South America and Asia perform maintenance and service on brakes, air conditioners, cooling systems and more. The company is traded on the NASDAQ exchange under the PACI symbol.
748 Miller Dr. S.E.
Leesburg, Virginia 20175
Phone:
(800)438-8863/ (703)777-9095


Franchisor has 32 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 263 2 71 8
2008 277 2 102 7
2007 301 2 97 1
2006 316 3 98 0
2005 329 2 95 0

Where Seeking Franchisees
In the U.S. Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Defined by county/counties

Costs and Fees

Total investment: $123K-208.1K
Franchise fee: $25K
Ongoing royalty fee: 7.5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No No

Qualifications
Net worth requirement: $250K+
Cash liquidity requirement: $70K
Business Experience:
  • General business experience

Operations
  • 20% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 5 - 8
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: 1 day-2 weeks+
  • Ongoing upon request

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • Radio & TV, national coupon advertising, Yellow Pages

Rankings

Franchise 500® rank:
#220 (2009); #326 (2008); #167 (2007); #153 (2006); #262 (2005);

America's Top Global Franchises:
#169 (2009); #120 (2007); #106 (2006); #164 (2005);


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