|
Below is an in-depth analysis and side-by-side comparison of Car-X Auto Service vs Budget Brake & Muffler including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $214,000 - $326,000 | $185,000 - $225,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1971 | 1969 |
Year Franchised | 1973 | 1972 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Available at headquarters, Available at franchisee's location | - |
Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks, Regional advertising | - |
Operations |
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 |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
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):
Budget Brake and Muffler began operations 1969 and started franchising in 1972. If your car needs it, Budget Brake and Muffler can probably fix it. Brakes, Mufflers, Shocks & Struts, Alignments, Oil & Filter Changes, Charging Systems, Cooling Systems, Tune-Ups, Computer Diagnostics, ABS Service, Fuel Injection Service, Custom Exhaust, Suspension, Tires, Balancing, Transmission Fluid Flush, Clutches, Electrical, Minor, Major & General Repairs. Some Budget Brake and Muffler locations have motorhome facilities and some are Provincially Certified Vehicle Inspection Facilities. Check with the location in your area for these specialty repairs.