4 Questions To Ask Before Buying An Automotive Repair Franchise For Sale
Automotive repair franchises for sale require a lot of work and investment to capitalize on properly, so you better know what you’re doing. Here are four questions to ask before you get started.
1. Should I Buy An Automotive Repair Franchise For Sale Or Should I Go It Alone?
You should buy an automotive repair franchise for sale. If you have experience managing a team and owning a business, if you have worked as an automotive repair technician for 20 years, and if you have a net worth of a couple million dollars, then sure, go it alone. You might be able to pull it off. Otherwise, go for the safer bet. There are myriad advantages to owning an auto repair franchise that make it so much more appealing than going it alone.
If you buy an auto repair franchise for sale, you get way more than just a business. You get an established template for success, initial training and ongoing support, marketing advice, a recognized and respected brand name under which to operate, more. If you buy the right auto repair franchise for sale, you’ll get a lot for your money.
2. How Do I Identify The Right Automotive Repair Franchise For Sale To Buy?
Look for a franchisor who offers all those things listed above. Also make sure you get a protected territory that means the franchisor won’t sell an automotive repair shop to another franchisee in the same area as you. Lastly, look for a franchisor that has a preferred vendor program so you can get high-quality parts at reduced prices.
3. How Much Money Will I Have To Spend On An Automotive Repair Franchise For Sale?
To buy and start up an automotive repair franchise for sale can cost anywhere from $200,000, to $450,000, in initial investment. You should have at least $150,000 in liquid assets.
4. Is Buying An Automotive Repair Franchise For Sale Worth It?
If you’re going to spend nearly half a million dollars on something, you want to make sure it’s worth it. Thankfully, automotive repair franchises are enjoying record high demand right now. There are more cars in America than ever before, and the average age of these vehicles is at an all-time high. Older vehicles need more repairs. and this means more revenue for automotive repair franchises.
Contact Tuffy Tire & Auto Service To Learn About Our Automotive Repair Franchises For Sale.
To learn more about Tuffy’s automotive repair franchises for sale, please get in touch with us. Is there a Tuffy automotive repair franchise for sale near you? To learn more, please contact us via our website or call (800) 228 – 8339.Back