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Below is an in-depth analysis and side-by-side comparison of Tunex Automotive Specialists vs Budget Brake & Muffler including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $155,000 - $218,000 | $185,000 - $225,000 |
Franchise Fee | $19,000 | $25,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1972 | 1969 |
Year Franchised | 1974 | 1972 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2K | - |
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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Regional advertising | - |
Operations |
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) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
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.
Budget Brake and Muffler began operations 1969 and started franchising in 1972. If your car needs it, Budget Brake and Muffler can probably fix it. Brakes, Mufflers, Shocks & Struts, Alignments, Oil & Filter Changes, Charging Systems, Cooling Systems, Tune-Ups, Computer Diagnostics, ABS Service, Fuel Injection Service, Custom Exhaust, Suspension, Tires, Balancing, Transmission Fluid Flush, Clutches, Electrical, Minor, Major & General Repairs. Some Budget Brake and Muffler locations have motorhome facilities and some are Provincially Certified Vehicle Inspection Facilities. Check with the location in your area for these specialty repairs.