Start-Up Costs and Fees |
||
| Precision Tune Auto Care | Brake King | |
| Investment | 127000 - 253600 | 121750 - 277533 |
| Franchise Fee | ||
| Royalty Fee | 7.5%-6% | 5% |
| Advertising Fee | 1.50% | 5% Local 2% Nat'l |
| Year Founded | 1975 | 1966 |
| Year Franchised | 1978 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Precision Tune Auto Care | Brake King | |
| Experience | ||
Financing Options |
||
| Precision Tune Auto Care | Brake King | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Precision Tune Auto Care | Brake King | |
| Training | On-The-Job Training: 4 hours Classroom Training: 46.5 hours Additional Training: Ongoing upon request | 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 | 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 | *Pre-opening training support *Grand Opening Support *Operational support *Marketing Support |
| Marketing | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app | 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. |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 5 - 8 | |
Expansion Plans |
||
| Precision Tune Auto Care | Brake King | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Precision Tune Auto Care | |
| Brake King | |
| Franchise Fee | |
| Precision Tune Auto Care | |
| Brake King | |
| Royalty Fee | |
| Precision Tune Auto Care | 7.5%-6% |
| Brake King | 5% |
| Advertising Fee | |
| Precision Tune Auto Care | 1.50% |
| Brake King | 5% Local 2% Nat'l |
| Year Founded | |
| Precision Tune Auto Care | 1975 |
| Brake King | 1966 |
| Year Franchised | |
| Precision Tune Auto Care | 1978 |
| Brake King | 0 |
| Term Of Agreement | |
| Precision Tune Auto Care | |
| Brake King | 5 Years +5+5+5 |
| Renewal Fee | |
| Precision Tune Auto Care | |
| Brake King | |
Business Experience Requirements |
|
| Experience | |
| Precision Tune Auto Care | |
| Brake King | |
Financing Options |
|
| Franchise Fees | |
| Precision Tune Auto Care | Yes |
| Brake King | Yes |
| Start-up Costs | |
| Precision Tune Auto Care | |
| Brake King | |
| Equipment | |
| Precision Tune Auto Care} | |
| Brake King | |
| Inventory | |
| Precision Tune Auto Care | |
| Brake King | |
| Receivables | |
| Precision Tune Auto Care | |
| Brake King | |
| Payroll | |
| Precision Tune Auto Care | |
| Brake King | |
Training & Support |
|
| Training | |
| Precision Tune Auto Care | On-The-Job Training: 4 hours Classroom Training: 46.5 hours Additional Training: Ongoing upon request |
| 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. |
| 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 |
| Brake King | *Pre-opening training support *Grand Opening Support *Operational support *Marketing Support |
| Marketing | |
| Precision Tune Auto Care | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
| 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. |
| Operations | |
| Precision Tune Auto Care | Absentee Ownership Allowed Number of Employees Required to Run: 5 - 8 |
| Brake King | |
Expansion Plans |
|
| US Expansion | |
| Precision Tune Auto Care | |
| Brake King | |
| Canada Expansion | |
| Precision Tune Auto Care | 0 |
| Brake King | |
| International Expansion | |
| Precision Tune Auto Care | |
| Brake King | |