Mr. Transmission / Milex Complete Auto Care

Overview

Website: www.moranfamilyofbrands.com

Franchise Fee: $55,000

Royalties: 7%

Cash Investment: $75,000

Total Investment: $293,700 - $362,700

Net Worth: $300,000

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: Yes

Additional Details

Mr. Transmission/Milex Complete Auto Care co-brand model is uniquely and strategically positioned to deliver a one-stop-shop promoting long-term customer relationships and providing more revenue streams for franchisees. Mr. Transmission specializes in the repair and installation of transmission systems and drive-train components. Milex Complete Auto Care offers a wide menu of general automotive repair services from oil changes and drivability issues to complex diagnostic, medium to heavy duty repair, and engine repair or replacement for foreign and domestic vehicles.
The average age of passenger vehicles and light trucks on the road today has increased substantially to 12.5 years. Consumers are keeping their vehicles longer, thus the need for preventive maintenance and automotive repair is on the rise. With our co-brand model, the customer clearly knows they are getting the best of both areas in the repair segment. While others have simply added services to their existing brand, we took the approach of bringing two outstanding brands together in one model.
WHY Mr. Transmission / Milex Complete Auto Care?
Recession Resistant
High Margins
8-5 Business Hours Mon-Fri
OUR IDEAL FRANCHISEE
NO Automotive Experience Required
Owner-operator; Management/Sales Experience
Committed to superior customer service
Role of Franchisee: Business Development; Leadership; Management
AVAILABLE MARKETS
US markets available: ALL except CA, HI, ND, SD, RI
HOT Regions/Desirable: Dallas, TX; Columbus, OH; Indianapolis, IN
NOT available: HI, ND, SD, RI
Available in Canada: YES
International Referrals: YES
BACKGROUND
Year founded: 1990
Year Franchised: 1990
Number of franchises currently operating: 100
Number of corporate owned franchises: 1
Home Based: NO
Absentee ownership available: YES
Accepting Master Franchisor and Area Developer Referrals: YES
Average number of employees required: 4
E2 Visa Friendly: YES
FINANCIAL DETAILS
Franchise Fee: Single: $55,000
Providing earnings guidance in Item 19 in FDD: YES
Total investment range: SINGLE: $293,700 - $362,700
- AREA DEVELOPMENT: $306,000 - $376,000
- MASTER TERRITORY: $500,000 - $750,000 (International)
Net worth requirement: $300,000
Royalty: 7%
Additional fees: 1% Creative Ad Fund
Financial assistance available: YES
VetFran program: YES
SUPPORT & TRAINING PROVIDED
Training and support program details:
Online Training through Moran University
1 Week Classroom Training at Moran Corporate Office in Midlothian, IL
1 Week Field Training - shadowing existing franchisee, observing day-to-day activities
Cost for Training: $5,000
Lodging and airfare included: NO
Site Selection Assistance: YES
Lease Negotiation Assistance: YES
Mentor following training: YES
Length of mentoring Franchisee: Continual Mentorship Program
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Why Mr. Transmission / Milex Complete Auto Care?

Our Ideal Franchisee

Available Markets

Background

Year founded: 1990

Year Franchised: 1990

Home Based: No

Financial Details

Franchise Fee:$55,000
Providing Earnings Guidance in Item 19 in FDD:YES
Total Investment Range: Single Unit: $293,700 - $362,700
Net Worth Requirement:$300,000
Royalty:7%
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: