Brake Masters vs Mikes Master Mechanics Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Brake Masters vs Mikes Master Mechanics including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Brake Masters Franchise
Mikes Master Mechanics Franchise
Investment $167,450 - $652,150$122,000 - $400,000
Franchise Fee $22,950$30,000 - $345,000
Royalty Fee 5%6%
Advertising Fee 4%1%
Year Founded 19832002
Year Franchised 19940
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Brake Masters Franchise
Mikes Master Mechanics Franchise
Experience -Automotive knowledge is helpful, but not necessary. Strong Marketing and Communication Skills. Experience in Sales and Business Operations. The ability to manage and motivate a team of employees. Strong Organizational skills and ability to follow a proven system Desire to Build a Successful Business while servicing your community.

Financing Options

 
Brake Masters Franchise
Mikes Master Mechanics Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Brake Masters Franchise
Mikes Master Mechanics Franchise
Training -Operational/Management Training In-Store Training Hiring Assistance Customer Satisfaction Training Quality Assurance Procedures Accounting Systems Training Acquiring Wholesale Accounts Insurance Selection Warranty Programs Proprietary Software Training Advertising/Marketing Best Practices
Support -Site Selection Assistance Facilities Design Lease Negotiation Assistance Source for Financing New Business Start-Up Planning Training Support
Marketing --
Operations --

Expansion Plans

 
Brake Masters Franchise
Mikes Master Mechanics Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Brake Masters

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.


About Mikes Master Mechanics

We've changed how franchisees are treated. Most automotive franchisors prey upon their franchisees, leaving them scrambling to survive. We believe we'll be more successful if our franchisees are successful. Mike's Master Mechanics has developed a few distinctly different ways for people to take advantage of the growing need for automotive service and opportunities franchising has to offer. Area Developer Area Developer programs are well-suited for business executives who enjoy coaching and assisting others succeed while financially benefiting for these efforts. Area Developers share in the franchise income and royalties collected within their territories. These financial rewards can be tremendous but the benefits are many and include: Career Flexibility Career Prestige Satisfaction of Helping Others Multiple Revenue Options Single & Multi-Unit Franchisee Single and multi-unit franchise options are for those who wish to own and operate their own business and take control of their own financial future. A Mike's Master Mechanics franchise is a great vehicle for wealth building, career security and freedom from corporate politics. One very unique feature offered within a Mike's Master Mechanics franchise is the opportunity of owning the real estate your business uses. This can add greatly to your financial security and wealth building strategies and is almost unheard of for most service franchises that reside in strip malls or shopping centers. There is no better time to invest in yourself and partner with someone who cares about your success. Joining Mike's Master Mechanics is the best way to take advantage of this growing industry! You can capitalize on the huge market need and stand out from the competition using our first-rate infrastructure. Entry costs are competitive and your earning potential is unlimited!