Business View - March 2015 83
compilation of America’s top global franchises, taking
spots 48, 49, 54 and 76 from 2011 through 2014.
Financial requirements include a minimum net worth
of $250,000 and $110,000 in available liquid cash.
Total investment ranges from $275,000 to $452,405
and includes a $30,000 for a 15-year renew-
able agreement and an ongoing royalty fee that
comes to about 5%. Over 100 franchisees own
multiple units and the average number of em-
ployees ranges between 5-8.
Ninety percent of current franchisees are own-
er/operators, and veterans can qualify for 50
percent off royalty fees for the first six months
of an agreement.
“I think we’ve done a great job through the
years of helping people understand that we’re really
in the total car care business and we can take care of
everything. We do it all,” Rivera said. “We’d like to grow
the chain to bigger than it is today, for sure. I think
there’s a lot of space in the United States and Canada
where we can take care of a lot more customers and
build great relationships.
“We really want to build a business that really is a
customer-first business. People that know how to take
care of customers, make them feel good, make them
feel good about keeping their car on the road.
“And that will just naturally lead to more customers if
we do it right.”
FRANCHISE
