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Below is an in-depth analysis and side-by-side comparison of Cap-it vs Alloy Wheel Repair including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $350,000 - $750,000 | $63,700 - $133,500 |
Franchise Fee | $49,000 | $35,000 |
Royalty Fee | 3.5% | 5% |
Advertising Fee | - | - |
Year Founded | - | 1985 |
Year Franchised | - | 2000 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | $2000 |
Business Experience Requirements |
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Experience | - | Net worth requirement: $50K-250K
Cash liquidity requirement: $10K
Business Experience:
* General business experience
* Marketing skills |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | * Available at headquarters: 2 weeks * At franchisee's location: 3-5 days |
Support | - | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
Marketing | - | * Co-op advertising * Ad slicks * National media * Regional advertising |
Operations | - | * Franchise can be run from home
* 25% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 * Absentee ownership of franchise is NOT allowed. (85% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Cap-it® is now opening franchise stores in the Dallas-Fort Worth area under the trade name "Cap-it® America’s Truck Accessory Stores™”
LEER®, a member of The Truck Accessories Group (TAG), has partnered with the Cap-it® Truck Accessory Stores franchise to open exclusive Cap-it/LEER truck accessory stores in the Dallas-Fort Worth market.
Since 1990, Cap-it has a relationship with LEER, exclusively selling LEER products. The Cap-it® truck accessory brand, now with 30 locations, has established itself as an upscale retailer/installer of quality truck accessories and adventure products.
"Cap-it and LEER brands are perfectly aligned to offer truck owners in the Dallas market great truck accessories to expand the versatility of their truck and do more,” says Kevin Page, TAG president. "We look forward to expanding our successful relationship with Cap-it.”
LEER retail stores are now available under the Cap-it brand franchise in Dallas-Fort Worth. Cap-it is now awarding franchise opportunities with exclusive territories to qualified applicants.
Join the world's largest mobile wheel repair company. Alloy Wheel Repair Specialists (AWRS) is the largest company of its kind in the world (over 300 operating units). We are looking for Leaders who want to take advantage of this ground floor opportunity. As a franchisee you will build equity and make a tremendous income participating in this blossoming industry. You must have the desire to build a team and lead them to the domination of your local market.