- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
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$34K - $123K
- Unit data is unavailable
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N/A
Company Overview
About Fleet Enterprises
Industry | Automotive |
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Related Categories | Automotive Repair & Maintenance Services, Miscellaneous Automotive Products & Services |
Founded | 2003 |
Leadership | Darrin Gross, CEO |
Corporate Address |
1000 John R Rd. Troy, MI 48083 |
Business Overview
Franchising Since | 2007 (17 years) |
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# of employees at HQ | 16 |
Where seeking |
This company is offering new franchises in the following US states: |
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Information for Franchisees
Here's what you need to know if you're interested in opening a Fleet Enterprises 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
|
$15,000 |
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Initial Investment
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$34,300 - $122,500 |
Net Worth Requirement
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$150,000 |
Cash Requirement
|
$75,000 |
Veteran Incentives
|
Franchise fee waived on one franchise for area developers |
Royalty Fee
|
5 |
Ad Royalty Fee
|
1 |
Term of Agreement
|
10 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.
In-House Financing | Fleet Enterprises offers in-house financing to cover the following: accounts receivable |
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Third Party Financing | Fleet Enterprises has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, payroll |
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 | 5 days |
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Classroom Training | 5 days |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
|
Marketing Support |
Regional Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
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Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
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No |
# of employees required to run | 1 |
Are exclusive territories available?
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Yes |
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