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Below is an in-depth analysis and side-by-side comparison of Automatic Car Credit vs Dominion Auto Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $250,000 - $416,700 | $50,000 |
| Franchise Fee | $10,000 - $25,000 | $35,000 |
| Royalty Fee | $125/vehicle | 8% |
| Advertising Fee | $500-1,000/Mo. | $100 per vehicle sold, 2% of service revenue |
| Year Founded | - | 2012 |
| Year Franchised | - | 2012 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Do I need to have auto industry experience to purchase a franchise? We recommend that you do. However, an individual that demonstrates great people skills, business sense, is driven, and can motivate others can probably hire individuals with the necessary experience. | Needs to have some background in either auto repair or auto sales. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | Ready to learn more about auto financing, inventory control, and marketing than you ever dreamed? Automatic Car Credit has a rigorous training program ready for you. It covers every area essential to running your franchise. And ongoing training will be available on an as-needed basis. | Upfront training program, 24/7 online training and operating procedure archive access, social media marketing, event management, lead generation programs, supplier management/development programs, etc, etc. |
| Support | - | - |
| Marketing | TV and radio commercials that are clear and compelling, making Automatic Car Credit stand out from the competition. The Web site is another excellent marketing tool. There is no question: your marketing message will be loud, clear, and highly professional! | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Canada's independent chain of Auto Dealership & Repair shops. Credit solutions for all customers and repair financing now available. Dominion Auto Centres� is Canada's first complete auto centre concept. Used Car/Truck Sales & Finance, Automotive Repair & Service, Tires, Towing Accessories and more! A truly complete concept and franchises are now available coast to coast.