Frequently Asked Questions
If franchising is the right business model for you, then you’ve come to the perfect place to find precisely what you need to succeed. To become a Precision Tune Auto Care franchisee, you don’t need to be a “mechanic”. All we ask is that you possess an entrepreneurial spirit with the desire and dedication to succeed. Take a look at the answers to these frequently asked questions about becoming a franchisee:
- Franchise Fee: $25,000
- Royalty Fee: 6-7.5%
- Marketing Fee: 1.5%
- Standard Franchise Term: 10 years with extensions available
- An understanding of business management principles (such as how to complete and review a P&L statement) is a must.
- We’d like you to be involved as an owner-operator in the management of the shop, as that gives Precision Tune Auto Care a competitive edge.
- Being retail/customer-focused and grounded in ethics will assist you in motivating your team to deliver a positive customer experience. It’s all about respect.
- A successful franchisee also possesses proven management skills, leadership ability, vision and an appetite for growth.
Q: What are the center start-up costs?
A: Starting your own business can be a scary proposition. With Precision Tune Auto Care you don’t just get a great franchise but a brand with proven operating experience. With more than 40 corporate owned and operated centers and 220+ franchisees we can help you better understand the anticipated costs in getting started. While the average estimated investment is between $127,000 – $253,600 assuming you choose to lease your center your investment will also vary depending upon the size of the location and adaptation taken to bring the center with brand standards.
Your automotive franchise investment will vary depending on a number of factors, including the extent to which the location you have selected and we have approved may have been formerly equipped. The extent to which you will need to make leasehold improvements to the center and the amount of business conducted at the center. Under the franchise agreement, you may obtain all required equipment from sources of your choosing as long as each item of equipment meets or exceeds our specifications.
The information in the table above assumes you will lease the land and building from your landlord. If you choose to construct the building or purchase the land, your initial investment will be higher.
Q: Does PTAC offer financing?
A: Precision Tune Auto Care does not provide financing, but does work closely with SBA contacts to expedite the process and provides guidance and contacts to help you identify financial lenders. Becoming “pre-qualified” is an important step to exploring franchising. Just as you would do if you were considering the purchase of a new car or home. Becoming pre-qualified and learning more about your franchise financing options is an easy next step.
Our Pre-Qualification Tool, powered by Guidant Financial, will allow you to see what types of funding options may be available to you, including 401(k) Rollovers, SBA Loans, Unsecured Credit and more. Simply fill out the form, and the results will be displayed in seconds. Once your options are displayed, click on the corresponding icons to view detailed videos, brochures and frequently asked questions. Follow this link to get started today: https://www.guidantfinancial.com/new-partner/precision-ac/
Q: Are there requirements for equipment?
A: Precision Tune Auto Care has a required equipment list, which allows you to properly offer the service mix including: Heating & Air Conditioning, Emissions Systems, Fuel Systems, Cooling Systems, Ignition Systems, Lubrication Systems, Steering & Suspension Systems, Electrical Systems and On-Board Computer Systems. In addition, a high speed internet connection is the name of the game in this competitive environment, providing you immediate access to the tools designed to help better manage your business.
If you have additional question please contact us with the form and a representative will get back to you shortly!