Start-Up Costs and Fees |
||
| Precision Tune Auto Care | Mikes Master Mechanics | |
| Investment | 127000 - 253600 | 122000 - 400000 |
| Franchise Fee | ||
| Royalty Fee | 7.5%-6% | 6% |
| Advertising Fee | 1.50% | 1% |
| Year Founded | 1975 | 2002 |
| Year Franchised | 1978 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Precision Tune Auto Care | Mikes Master Mechanics | |
| Experience | Automotive knowledge is helpful, but not necessary. Strong Marketing and Communication Skills. Experience in Sales and Business Operations. The ability to manage and motivate a team of employees. Strong Organizational skills and ability to follow a proven system Desire to Build a Successful Business while servicing your community. | |
Financing Options |
||
| Precision Tune Auto Care | Mikes Master Mechanics | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Precision Tune Auto Care | Mikes Master Mechanics | |
| Training | On-The-Job Training: 4 hours Classroom Training: 46.5 hours Additional Training: Ongoing upon request | Operational/Management Training In-Store Training Hiring Assistance Customer Satisfaction Training Quality Assurance Procedures Accounting Systems Training Acquiring Wholesale Accounts Insurance Selection Warranty Programs Proprietary Software Training Advertising/Marketing Best Practices |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Site Selection Assistance Facilities Design Lease Negotiation Assistance Source for Financing New Business Start-Up Planning Training Support |
| Marketing | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 5 - 8 | |
Expansion Plans |
||
| Precision Tune Auto Care | Mikes Master Mechanics | |
| US Expansion | Alabama, Arizona, Colorado, Connecticut, Florida, Georgia, Iowa, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Washington | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Precision Tune Auto Care | |
| Mikes Master Mechanics | |
| Franchise Fee | |
| Precision Tune Auto Care | |
| Mikes Master Mechanics | |
| Royalty Fee | |
| Precision Tune Auto Care | 7.5%-6% |
| Mikes Master Mechanics | 6% |
| Advertising Fee | |
| Precision Tune Auto Care | 1.50% |
| Mikes Master Mechanics | 1% |
| Year Founded | |
| Precision Tune Auto Care | 1975 |
| Mikes Master Mechanics | 2002 |
| Year Franchised | |
| Precision Tune Auto Care | 1978 |
| Mikes Master Mechanics | 0 |
| Term Of Agreement | |
| Precision Tune Auto Care | |
| Mikes Master Mechanics | |
| Renewal Fee | |
| Precision Tune Auto Care | |
| Mikes Master Mechanics | |
Business Experience Requirements |
|
| Experience | |
| Precision Tune Auto Care | |
| Mikes Master Mechanics | Automotive knowledge is helpful, but not necessary. Strong Marketing and Communication Skills. Experience in Sales and Business Operations. The ability to manage and motivate a team of employees. Strong Organizational skills and ability to follow a proven system Desire to Build a Successful Business while servicing your community. |
Financing Options |
|
| Franchise Fees | |
| Precision Tune Auto Care | Yes |
| Mikes Master Mechanics | Yes |
| Start-up Costs | |
| Precision Tune Auto Care | |
| Mikes Master Mechanics | |
| Equipment | |
| Precision Tune Auto Care} | |
| Mikes Master Mechanics | |
| Inventory | |
| Precision Tune Auto Care | |
| Mikes Master Mechanics | |
| Receivables | |
| Precision Tune Auto Care | |
| Mikes Master Mechanics | |
| Payroll | |
| Precision Tune Auto Care | |
| Mikes Master Mechanics | |
Training & Support |
|
| Training | |
| Precision Tune Auto Care | On-The-Job Training: 4 hours Classroom Training: 46.5 hours Additional Training: Ongoing upon request |
| Mikes Master Mechanics | Operational/Management Training In-Store Training Hiring Assistance Customer Satisfaction Training Quality Assurance Procedures Accounting Systems Training Acquiring Wholesale Accounts Insurance Selection Warranty Programs Proprietary Software Training Advertising/Marketing Best Practices |
| Support | |
| Precision Tune Auto Care | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Mikes Master Mechanics | Site Selection Assistance Facilities Design Lease Negotiation Assistance Source for Financing New Business Start-Up Planning Training Support |
| Marketing | |
| Precision Tune Auto Care | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
| Mikes Master Mechanics | |
| Operations | |
| Precision Tune Auto Care | Absentee Ownership Allowed Number of Employees Required to Run: 5 - 8 |
| Mikes Master Mechanics | |
Expansion Plans |
|
| US Expansion | |
| Precision Tune Auto Care | |
| Mikes Master Mechanics | Alabama, Arizona, Colorado, Connecticut, Florida, Georgia, Iowa, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Washington |
| Canada Expansion | |
| Precision Tune Auto Care | 0 |
| Mikes Master Mechanics | |
| International Expansion | |
| Precision Tune Auto Care | |
| Mikes Master Mechanics | |