Auto-Lab vs Mikes Master Mechanics Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Auto-Lab vs Mikes Master Mechanics including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Auto-Lab Franchise
Mikes Master Mechanics Franchise
Investment $128,750 - $317,500$122,000 - $400,000
Franchise Fee $27,500$30,000 - $345,000
Royalty Fee 6%6%
Advertising Fee 3%1%
Year Founded 19852002
Year Franchised 20040
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Auto-Lab Franchise
Mikes Master Mechanics Franchise
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
 
Auto-Lab Franchise
Mikes Master Mechanics Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Auto-Lab Franchise
Mikes Master Mechanics Franchise
Training Continuous technical and management training programsOperational/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 Auto-Lab, LLC offers support in all areas of business management and operations through our corporate office, located in Farmington Hills, MI, and our strategic vendor partners. Our support includes, but is not limited to, continuous technical and management training programs, group purchasing programs, group marketing and advertising programs, electronic purchasing through vendor partners, a program for HotLine support, instant information network, assistance with business opportunities, etc.Site Selection Assistance Facilities Design Lease Negotiation Assistance Source for Financing New Business Start-Up Planning Training Support
Marketing --
Operations --

Expansion Plans
 
Auto-Lab Franchise
Mikes Master Mechanics Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Auto-Lab

Auto-Lab Complete Car Care Centers is a full service auto repair and maintenance service franchise that has been operating since early 1989. Auto-Lab currently operates stores in Michigan, Illinois, Indiana, Iowa, Arizona, California, and Florida. Auto-Lab offers an immense amount of franchise support from our corporate office as well as a highly respected brand image. We require less investment, a small franchise fee and more control of marketing and advertising associated with your target customer base. The Auto-Lab Business Management System is a computer program unique to Auto-Lab that will assist you in all areas of managing a successful
Auto-Lab Complete Car Care Center.

The total investment necessary to begin operation of a single unit Auto-Lab franchise is from $128,750 to $317,500. This includes $13,750 to $27,500 that must be paid to the franchisor or its affiliates. If you convert an existing auto care facility to an Auto-Lab single unit franchise, the total investment necessary is from $29,500 to $279,500, which includes $19,500 that must be paid to the franchisor or its affiliates.

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!