4 Tips to Start an Auto Repair Service Franchise
Starting an auto repair service franchise isn’t easy. It takes a lot of hard work and a lot of assistance and guidance from the franchisor. Keep this in mind when you see an auto repair franchise for sale. There’s no such thing in life as a guarantee. And this doubly true for the business world. However, if you’re looking to buy a franchise in any industry, there few bets safer than the auto repair service industry.
The auto repair industry has been around for over a century, so it’s not speculative and people know what it is and what it does. The auto service industry also does very strong numbers in terms of revenue. And these numbers are predicted only to increase for the foreseeable future. All of this means that, if you’re looking to start a business, you should be looking out for auto repair franchises for sale. But what do you do when you find one? Here are four tips to start an auto repair service franchise.
Pick the Right Auto Repair Franchise for Sale
We cannot stress number one enough. As a franchisee, you can do everything right, even in a booming and stable industry such as the auto repair industry, and you can still fail if you don’t have a good franchisor. You want to work with a company that is successful, established, and honest. You need competent franchisors who are dedicated to the success of their auto repair franchises, not just some shyster’s looking to make a quick buck on their auto repair franchises for sale.
Look for the Right Qualities in your Franchisor
How will you know when you’ve found the right auto repair franchise for sale? There are a few key attributes you should look for in auto repair franchises for sale. First, does the franchisor offer ongoing training and support? You shouldn’t have to already be an expert in the auto repair business in order to succeed running an auto repair franchise.
Second, do the franchisors offer a protected territory? It makes no sense buying an auto repair franchise for sale and starting up your business if the franchisor is just going to let another franchisee open shop across the street from you.
And third, does the franchisor offer a preferred vendor program. A good auto repair company will leverage the buying power of all their franchises in order to allow each individual franchisee to purchase quality parts and equipment at reduced prices. These are the types of qualities you must look for in an auto repair franchise for sale.
Get your Financing in Order
Starting an auto repair franchise can require anywhere from $66,000-$163,500 in liquid capital. Buying high quality auto repair franchises for sale doesn’t come cheap. But you don’t necessarily need to have 150 grand sitting in your back pocket. Many financial institutions are willing to loan to entrepreneurs so they can buy auto repair franchises for sale.
Contact Tuffy Tire & Auto Service
Before you go any further, you should contact Tuffy Tire & Auto Service to see if we have auto repair franchises for sale in your area. Tuffy Tire & Auto Service has decades of experience and a respected and trusted brand name. To learn more, please click here.Back