Start-Up Costs and Fees |
||
| Brake King | Lentz U.S.A. Service Centers | |
| Investment | 121750 - 277533 | 114000 - 130000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | to 7% |
| Advertising Fee | 5% Local 2% Nat'l | |
| Year Founded | 1966 | 1983 |
| Year Franchised | 0 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Brake King | Lentz U.S.A. Service Centers | |
| Experience | Marketing skills | |
Financing Options |
||
| Brake King | Lentz U.S.A. Service Centers | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Brake King | Lentz U.S.A. Service Centers | |
| Training | You will spend 4 weeks worth of training at one of our selected classroom locations. We will introduce you to the history of the company, conduct training on our way of doing business, hold lectures from industry professionals and introduce you to our professional team of vendors who are there to supply you with the best supplies in the automotive business. The Brake King Team will then culminate the training with on-the-job experience at our corporate store. | |
| Support | *Pre-opening training support *Grand Opening Support *Operational support *Marketing Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | A huge part of the Brake King brand is the innovative and aggressive way that we market ourselves. Through television, radio, internet and direct mail, Brake King USA is committed to developing advertising campaigns that are aimed at separating ourselves from the rest of the automotive industry. | Ad slicks |
| Operations | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Brake King | Lentz U.S.A. Service Centers | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Brake King | |
| Lentz U.S.A. Service Centers | |
| Franchise Fee | |
| Brake King | |
| Lentz U.S.A. Service Centers | |
| Royalty Fee | |
| Brake King | 5% |
| Lentz U.S.A. Service Centers | to 7% |
| Advertising Fee | |
| Brake King | 5% Local 2% Nat'l |
| Lentz U.S.A. Service Centers | |
| Year Founded | |
| Brake King | 1966 |
| Lentz U.S.A. Service Centers | 1983 |
| Year Franchised | |
| Brake King | 0 |
| Lentz U.S.A. Service Centers | 1989 |
| Term Of Agreement | |
| Brake King | 5 Years +5+5+5 |
| Lentz U.S.A. Service Centers | 10 years |
| Renewal Fee | |
| Brake King | |
| Lentz U.S.A. Service Centers | 25% of original fee |
Business Experience Requirements |
|
| Experience | |
| Brake King | |
| Lentz U.S.A. Service Centers | Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Brake King | |
| Lentz U.S.A. Service Centers | |
| Start-up Costs | |
| Brake King | |
| Lentz U.S.A. Service Centers | |
| Equipment | |
| Brake King} | |
| Lentz U.S.A. Service Centers | |
| Inventory | |
| Brake King | |
| Lentz U.S.A. Service Centers | |
| Receivables | |
| Brake King | |
| Lentz U.S.A. Service Centers | |
| Payroll | |
| Brake King | |
| Lentz U.S.A. Service Centers | |
Training & Support |
|
| Training | |
| Brake King | You will spend 4 weeks worth of training at one of our selected classroom locations. We will introduce you to the history of the company, conduct training on our way of doing business, hold lectures from industry professionals and introduce you to our professional team of vendors who are there to supply you with the best supplies in the automotive business. The Brake King Team will then culminate the training with on-the-job experience at our corporate store. |
| Lentz U.S.A. Service Centers | |
| Support | |
| Brake King | *Pre-opening training support *Grand Opening Support *Operational support *Marketing Support |
| Lentz U.S.A. Service Centers | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Brake King | A huge part of the Brake King brand is the innovative and aggressive way that we market ourselves. Through television, radio, internet and direct mail, Brake King USA is committed to developing advertising campaigns that are aimed at separating ourselves from the rest of the automotive industry. |
| Lentz U.S.A. Service Centers | Ad slicks |
| Operations | |
| Brake King | |
| Lentz U.S.A. Service Centers | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Brake King | |
| Lentz U.S.A. Service Centers | |
| Canada Expansion | |
| Brake King | |
| Lentz U.S.A. Service Centers | |
| International Expansion | |
| Brake King | |
| Lentz U.S.A. Service Centers | |