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Updated RecentlyTunex Automotive Specialists Franchise
Diagnostic testing, services and repairs for automotive engine-related systems
Tunex was founded in 1972, and the first service center began operating in 1974. The public company began franchising in 1975 and has more than 25 company and franchisee-owned service centers in operation. The Tunex franchise opportunity includes both a conversion option (converting an independent service center to a Tunex franchise) and independent franchise units.
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How much does it cost to open a Tunex Automotive Specialists Franchise?
The investment required to open a Tunex Automotive Specialists Franchise is between $155,000-$218,000. There is an initial franchise fee of $19,000 which grants you the license to run a business under the Tunex Automotive Specialists name.
Individual Unit Costs
- Initial Investment:
$155,000-$218,000 - Initial Franchise Fee:
$19,000 - Royalty Fee:
5% - Advertising Fee:
- Term of Agreement:
10 years - Renewal Fee:
$2K
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Regional Automotive Service Franchise System
Tunex is a regional automotive service franchise system with center locations primarily in the state of Utah and the surrounding states for over 30 years. Tunex is unique in that it doesn't try to provide all car care services but, specializes in the automotive under-the-hood services using a stri...
Tunex Automotive Specialists News & Press Releases
When did Tunex Automotive Specialists start Franchising? 1974
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2004 | 28 | 0 | 0 | 2 |
| 2003 | 26 | 0 | 0 | 2 |
| 2002 | 27 | 0 | 0 | 2 |
| 2001 | 25 | 0 | 0 | 2 |
| 2000 | 23 | 0 | 0 | 2 |
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): Franchise Finance
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Regional advertising
8% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 4
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)
Business Experience:
To calculate how much income a franchise owner can do at Tunex Automotive Specialists Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Tunex Automotive Specialists and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Tunex Automotive Specialists franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Tunex Automotive Specialists
Tunex Automotive Specialists
556 E. 2100 South
Salt Lake City,
UT
84106