3/18/2024 0 Comments Price list at take five oil changeOf course, the $1,188,000 is an average, the investment varies depending on factors such as the location of your store, its size, and other factors. This amount is in line with the average investment required for other automotive franchises. Take 5 Oil Change requires an initial franchise fee of $35,000 and an average total investment of $1,188,000 to open a new franchise. How much does a Take 5 Oil Change franchise cost? Competition: These include other parent company brands such as Maaco, Carstar and Meineke.No financing: The franchisor does not offer its franchisees direct or indirect financing options.Not a part-time business: The business must be open full-time for at least 40 hours a week.Franchisees must be actively involved in the decision-making and day-to-day operations of their businesses. No absentee ownership: The Take 5 Oil Change franchise does not present a passive investment opportunity.Franchisees must have a retail facility, office space or warehouse to operate from. Not a home-based opportunity: The franchise cannot be operated from home or a mobile unit.These include national media, print advertising, regional advertising, email marketing, social media and targeted local market campaigns. Marketing and publicity: Take 5 Oil Change has proven marketing and advertising techniques to help franchisees create awareness about their centers and foster growth.Under the agreement, it does not license any other franchise or operate competing channels in the protected area. Exclusive territory protection: The franchisor allows its franchisees to operate in a protected area.This gives franchisees more real estate options to choose from and allows them to establish their shops from scratch or convert an existing one, reducing their development costs. Flexible franchise designs: The brand utilizes a simple franchise design of a 1/3-acre pad and 1,500-square-foot building. Also, it helps them with lease negotiations and establishing their franchise at a minimal cost.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |