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Below is an in-depth analysis and side-by-side comparison of Walt's Auto World vs CarX including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $135,000 | $262,000 - $413,500 |
Franchise Fee | $15,000 | $25,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | 5% |
Year Founded | 1981 | 1971 |
Year Franchised | 2000 | 1971 |
Term Of Agreement | 10 years | 15 years |
Term Of Agreement | 10 years | 15 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Ad slicks | - |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
With Our Franchise We Offer *Site Selection And Real Estate Assistance. *Shop Design And Fixture Layout. *Extensive Hands On Training At Our And Your Location For Owners And Managers. *Training In Managing Your Employees. *A Detailed Operation/Training Manual That Covers All Aspects Of Your Business. *Promotional Assistance For Your Grand Opening. *Print And Broadcast Advertising Material. *Assistance Assistance. *Ongoing Assistance. *Store Visits And Telephone Support. *Exclusive Territorial Protection. *Marketing Techniques.
When you join the Car-X program, you become a Car-X franchisee - an independent entrepreneur with access to the expertise of a firmly established chain. You have the freedom to run your own business while sharing the resources of a proven franchise. With over 30 years experience, we have a network of successful franchisees and we pass along that cumulative knowledge and expertise to you. Nonetheless, it’s up to you to turn the power of our name and our systems of doing business into a successful operation.