Dominion Auto Centers Franchise
Auto Center
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
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How much does it cost to open a Dominion Auto Centers Franchise ?
The investment required to open a Dominion Auto Centers Franchise is $50,000 . There is an initial franchise fee of $35,000 which grants you the license to run a business under the Dominion Auto Centers name.
Individual Franchise Costs
- Initial Investment:
$50,000 - Initial Franchise Fee:
$35,000 - Royalty Fee:
8% - Advertising Fee:
$100 per vehicle sold, 2% of service revenue
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | N/A | N/A |
| Startup Costs | N/A | Yes |
| Equipment | N/A | Yes |
| Inventory | N/A | Yes |
| Accounts Receivable | N/A | N/A |
| Payroll | N/A | N/A |
Third Party Financing Source(s):
$70,000-$90,000 in loan for equipment/fixtures/displays/signage/etc - Loans are available through RBC, TD & multiple other financiers). **additional financing may be required for vehicle inventory
Training
Upfront training program, 24/7 online training and operating procedure archive access, social media marketing, event management, lead generation programs, supplier management/development programs, etc, etc.
Dominion Auto Centers Growth History
When did the first Dominion Auto Centers open? 2012When did Dominion Auto Centers start Franchising ? 2012
Alberta, British Columbia, Manitoba, Ontario, Quebec, Saskatchewan
How much money you could make as a Dominion Auto Centers Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Dominion Auto Centers Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Sister Companies
Legal Disclaimer: This information is not a franchise offering for Dominion Auto Centers and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Dominion Auto Centers franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.