|
Below is an in-depth analysis and side-by-side comparison of Tuffy Auto Service Centers vs Brake Masters including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $224,000 - $413,500 | $167,450 - $652,150 |
Franchise Fee | $30,000 | $22,950 |
Royalty Fee | 2.5%-5% | 5% |
Advertising Fee | 5% | 4% |
Year Founded | 1970 | 1983 |
Year Franchised | 1971 | 1994 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 40 hours Classroom Training: 104 hours Additional Training: At existing store | - |
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 | - |
Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 5
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Brake Masters Systems provides car repair and care
services for all models and makes of vehicles. Clients are provided with a complete picture of what work is needed on their vehicles through a multi point
inspection system. A team of ASE certified technicians
combine technical know-how and top notch technology and provide the best
repair and maintenance services. From brake repair to overhaul; nothing is left undone to ensure that the customer leaves with a safe and perfectly functional vehicle.