What You Need To Succeed With A Car Care Franchise
Owning a car care franchise is a great way to increase your wealth, but it’s not foolproof, you need to have what it takes to succeed in the car care business.
You Need To Put In A Lot Of Hard Work To Succeed With A Car Care Franchise.
Car care franchises are the primary businesses in the secondary automotive market that is the automotive aftermarket. This market consists of all the services and replacement parts that are purchased for a vehicle after its initial purchase from the manufacturer. The automotive aftermarket is worth over $300 billion in the US, so car care franchises are making a lot of money. But buying one is not some get rich quick scheme. You have to put in the hard work to get a new business up and running and maintain a high level of performance.
You Need A Substantial Net Worth To Succeed With A Car Care Franchise.
You don’t have to be fabulously wealthy to buy a car care franchise and get it up and running. But you do need to invest a significant amount. Start-up costs can run upwards of $400,000. Many of those costs can be financed and banking institutions are likelier to lend money to somebody starting a car care franchise of a successful brand rather than an independent shop. Nevertheless, at Tuffy Tire & Auto, we look for candidates that have a minimum net worth of $500,000 and $150,000 in liquid assets.
You Need A Strong Commitment To Customer Service To Succeed With A Car Care Franchise.
Remember that auto service is a service. Your business needs to be able to repair vehicles and install new parts, but never forget that how you make your customers feel can be just as important. Keeping your customers informed about the process, being honest about what you’re doing, and being courteous and welcoming while doing it is incredibly important.
You Need Access To High-Quality Replacement Parts To Succeed With A Car Care Franchise.
Replacement parts will often be your highest expenditure. You can’t afford to use second-rate parts, so how can you bring these costs down? At Tuffy, we have a preferred vendor program where we use our buying power to get high-quality parts at reduced prices for our franchise partners.
Tuffy Tire & Auto Service
If you think a car care franchise might be right for you, you should contact Tuffy Tire and Auto Service. We offer some of the best car care franchises in the USA and we are always happy to hear from people interested in becoming one of our franchise partners. To learn more, please contact us via our website or call (800) 228 – 8339.Back