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Below is an in-depth analysis and side-by-side comparison of Walt's Auto World vs Car-X Auto Service 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 | $214,000 - $326,000 |
Franchise Fee | $15,000 | $25,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | - |
Year Founded | 1981 | 1971 |
Year Franchised | 2000 | 1973 |
Term Of Agreement | 10 years | 15 years |
Term Of Agreement | 10 years | 15 years |
Renewal Fee | - | - |
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/No |
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 | - | Available at headquarters, Available at franchisee's location |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Ad slicks | Ad slicks, 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. |
58% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
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.
Car-X franchise owners have the freedom to run their own businesses while sharing the resources of a proven and trusted brand with almost 50 years of experience. Advantages of joining the Car-X Family include (but are not limited to):