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Below is an in-depth analysis and side-by-side comparison of Walt's Auto World vs Tunex Automotive Specialists including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $135,000 | $155,000 - $218,000 |
Franchise Fee | $15,000 | $19,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | - |
Year Founded | 1981 | 1972 |
Year Franchised | 2000 | 1974 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | $2K |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Ad slicks | Co-op advertising, Regional advertising |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. |
8% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
With Our Franchise We Offer *Site Selection And Real Estate Assistance. *Shop Design And Fixture Layout. *Extensive Hands On Training At Our And Your Location For Owners And Managers. *Training In Managing Your Employees. *A Detailed Operation/Training Manual That Covers All Aspects Of Your Business. *Promotional Assistance For Your Grand Opening. *Print And Broadcast Advertising Material. *Assistance Assistance. *Ongoing Assistance. *Store Visits And Telephone Support. *Exclusive Territorial Protection. *Marketing Techniques.
Tunex was founded in 1972, and the first service center began operating in 1974. The public company began franchising in 1975 and has more than 25 company and franchisee-owned service centers in operation. The Tunex franchise opportunity includes both a conversion option (converting an independent service center to a Tunex franchise) and independent franchise units.