Start a Line-X Franchise in 2024

2024 Franchise 500 Rank: #399 Not ranked last year

Initial investment: $271K - $1M

Units as of 2024: 336 42% over 3 years

Starting a Line-X Franchise

Line-X specializes in spray-on truck bed liners, protective coatings, automotive accessories, and installation. For a long time, the company researched and tweaked the chemical formula that produces a durable coating used on truck beds.

Line-X is a durable and versatile spray-on application that permanently bonds to your truck's bed, protecting it from everyday wear and tear. Consumers can also use this on boats, work trucks, and even motorcycles. Line-X branded accessories includes step bars, tonneau covers, truck toppers, sliding cargo decks, coolers, and more.

Line-X began franchising in 1999 and now has a major presence throughout the world.

Why You May Want to Start a Line-X Franchise

Line-X is headquartered in Charlotte, North Carolina. The company has served customers directly and through a network of more than 500 corporate-trained franchises in the United States and Canada. Over 425 of these franchises are located in the U.S.

Line-X is one of the top manufacturers of spray-on protective coatings in the country. It uses a specially formulated silicone substance that permanently clings to truck beds, protecting them from nature's corrosive effects. If you dream of owning a company, then joining Line-X as a franchisee may give you the chance to operate a franchise with the help of a trusted market leader.

What Might Make a Line-X Franchise a Good Choice?

As a franchisee, you might benefit from a well-known brand name, established business processes with national and local support, and national and regional advertising. Other benefits could include an initial multi-week training program, ongoing training for franchisees and employees, and flexible floor plans. The company strives to provide efficient, robust marketing, advertising, and a public relations program with a broad national scope to support all franchisees.

Your Line-X territory is not given or shared with another franchisee. Every franchisee operates in an exclusive territory based on population, size, annual sales of trucks, and other factors. Line-X uses its in-house software mapping solution to assign area locations.

Many times over the past decade, Line-X has been ranked in Entrepreneur’s Franchise 500 based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

How to Open a Line-X Franchise

If your net worth and available liquid capital match the brand’s requirements, you may qualify to open a Line-X franchise. You should also make sure that you are financially stable enough to cover an initial investment made up of a franchise fee and other startup costs. In addition, you should be prepared for ongoing fees, including advertising fees. You may want to check with an attorney or financial advisor before deciding to open a Line-X franchise.

Opening your own franchise business requires a few steps. First, submit a franchise inquiry form. You may also be given the company's Franchise Disclosure Document. This document may give you more information on the brand and the opportunity before you can meet with a franchise representative.

Be prepared to attend a Line-X discovery day at the corporate headquarters in Charlotte, North Carolina. This is a meeting that includes a conference with an executive. Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Speak to existing franchisees and ask questions. Then, if both parties agree, you may be ready to sign the agreement documents to become an official Line-X franchisee.

Company Overview

About Line-X

Industry	Automotive
Related Categories	Miscellaneous Automotive Products & Services, Automotive Appearance Services
Founded	1993
Parent Company	Innovative Xcessories and Services LLC (IXS)
Leadership	Blair Boggs, President
Corporate Address	4001 Yancey Rd. Charlotte, NC 28217
Social	Facebook, Twitter, LinkedIn, Instagram, YouTube, TikTok

Business Overview

Franchising Since	1999 (25 years)
# of employees at HQ	75
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada
# of Units	336 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Line-X 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 Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$40,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$270,999 - $1,013,194
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$500,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$150,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	25% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	2.5%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	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	Line-X has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, 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	68 hours
Classroom Training	80 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	Ad Templates National Media 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? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	2
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes