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Below is an in-depth analysis and side-by-side comparison of Car-X Auto Service vs American Engine Installations including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $214,000 - $326,000 | $40,000 - $100,000 |
Franchise Fee | $25,000 | $15,000 - $37,500 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1971 | - |
Year Franchised | 1973 | - |
Term Of Agreement | 15 years | - |
Term Of Agreement | 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/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Available at headquarters, Available at franchisee's location | - |
Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks, Regional advertising | - |
Operations |
58% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Car-X franchise owners have the freedom to run their own businesses while sharing the resources of a proven and trusted brand with almost 50 years of experience. Advantages of joining the Car-X Family include (but are not limited to):
AEI Industry Leader: Serving markets throughout the United States, AEI is uniquely poised as the only National Engine Installation Company focusing on automotive engine installations. With our acquisition of Fliteline Engine Supply in 2003, AEI now also offers the option of providing quality factory remanufactured longblock engines directly to Franchisees providing them pricing, warranties, and availability not generally available through other suppliers.