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Updated RecentlyAdvanced Maintenance vs Mikes Master Mechanics Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Advanced Maintenance vs Mikes Master Mechanics including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $132,350 - $185,100 | $122,000 - $400,000 |
| Franchise Fee | $35,000 | $30,000 - $345,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | to 1.5% | 1% |
| Year Founded | 2000 | 2002 |
| Year Franchised | 2005 | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | Automotive knowledge is helpful, but not necessary. Strong Marketing and Communication Skills. Experience in Sales and Business Operations. The ability to manage and motivate a team of employees. Strong Organizational skills and ability to follow a proven system Desire to Build a Successful Business while servicing your community. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | Yes/- | -/- |
| Payroll | Yes/- | -/- |
Training & Support |
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| Training | Our business system provides a standardized operational "blueprint" for developing and operating this first rate, highly specialized vehicle fleet maintenance company. We will train you how to use it! Targeted, meaningful and in-depth, our ongoing training brings to bear the collective knowledge of our experienced team of professionals. It has been carefully crafted to prepare you to face the challenges of operating this exceptional business, including how to identify, hire and develop outstanding service technicians. Franchisees will also benefit from our expert guidance in site selection and marketing. A detailed operations manual will provide you with a ready reference to our daily operational procedures. Above all, the seasoned professionals at Advanced Maintenance are available to share their hands-on industry insight and experience with you. | Operational/Management Training In-Store Training Hiring Assistance Customer Satisfaction Training Quality Assurance Procedures Accounting Systems Training Acquiring Wholesale Accounts Insurance Selection Warranty Programs Proprietary Software Training Advertising/Marketing Best Practices |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Site Selection Assistance Facilities Design Lease Negotiation Assistance Source for Financing New Business Start-Up Planning Training Support |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
| Operations | Number of employees needed to run franchised unit: 4 - 12. 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 | - |
| International Expansion | No | - |
Company Overviews
About Advanced Maintenance
Own your own business in a growing and vitally important industry, On-Site Vehicle Fleet Maintenance.
The professionals at Advanced Maintenance® bring hands-on industry experience to the table. Our seasoned managers have up close and personal insight into what Advanced Maintenance does and how we do it, and are eager to share their specialized knowledge with you. Joining this accomplished team can help you get your new business off to the right start, with the kind of competitive edge you're looking for.
#40 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
Seeking new franchise units throughout the U.S.,
Canada, Central America, Eastern Europe, Middle East, Mexico, Philippines and South America
Veteran Incentives $5,000 off franchise fee
About Mikes Master Mechanics
We've changed how franchisees are treated. Most automotive franchisors prey upon their franchisees, leaving them scrambling to survive. We believe we'll be more successful if our franchisees are successful. Mike's Master Mechanics has developed a few distinctly different ways for people to take advantage of the growing need for automotive service and opportunities franchising has to offer. Area Developer Area Developer programs are well-suited for business executives who enjoy coaching and assisting others succeed while financially benefiting for these efforts. Area Developers share in the franchise income and royalties collected within their territories. These financial rewards can be tremendous but the benefits are many and include: Career Flexibility Career Prestige Satisfaction of Helping Others Multiple Revenue Options Single & Multi-Unit Franchisee Single and multi-unit franchise options are for those who wish to own and operate their own business and take control of their own financial future. A Mike's Master Mechanics franchise is a great vehicle for wealth building, career security and freedom from corporate politics. One very unique feature offered within a Mike's Master Mechanics franchise is the opportunity of owning the real estate your business uses. This can add greatly to your financial security and wealth building strategies and is almost unheard of for most service franchises that reside in strip malls or shopping centers. There is no better time to invest in yourself and partner with someone who cares about your success. Joining Mike's Master Mechanics is the best way to take advantage of this growing industry! You can capitalize on the huge market need and stand out from the competition using our first-rate infrastructure. Entry costs are competitive and your earning potential is unlimited!