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Goo Goo 3-Minute Express Wash
Thank you for your interest in franchise opportunities with Goo-Goo Car Wash. We have been in the business of washing cars since 1945. Based in Columbus, Georgia, we have worked hard to earn our reputation as car wash innovators, always looking for a way to improve our washes and the industry in general. We have washes that span the Southeast and are excited to be experiencing a period of rapid expansion into areas beyond. Our EXPRESS WASH franchises are currently available in all 50 states.
Franchisor Background
Year Established: 1945
Franchising Since: 2002
Operating Units:
Franchised Units: 13 68.4%
Company-Owned Units: 6 31.6%
______ _____
Total Operating Units: 19 100%
Geographic Distribution:
U.S.: 19 100% In 8 States
Canada: 0 0% In 0 Canadian Provinces
International: 0 0% In 0 Foreign Countries
______ _____
Total: 19 100%
North America:
States/Provinces with the largest number of operating units:
Density Units
1. Alabama 6 2. Georgia 4 3. Tennessee 3
Registered in Following Registration States: Michigan
Financial Requirements
Investment:
Minimum Net Worth: $2MM
Cash Investment: $300-600K
Total Investment: $1.5-3.3MM
Average Total Investment: $2400K
Fees:
Initial Franchise Fee: $96K
Average Franchise Fee: $96K
On-Going Royalty: 4%
Average Royalty: 4%
Advertising Fee: 0
Average Number of Employees: 4 Full-time, 1 Part-time
Space Needs (in square footage): 50,000
Preferred Sites:
Other Sites:
Encourage Conversions? No
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
International Franchise Association: No
Canadian Franchise Association: No
Franchisee Association/Member: No
Size of Corporate Staff: 15
Site Selection Assistance? Yes
Lease Negotiation Assistance? Yes
Financial Assistance? No
Marketing Support:
Co-Op Advertising: No
National Advertising: No
Regional Advertising: No
Local Advertising: No
Marketing Materials: None Specified
Additional Services: None Specified
Other Marketing Support: None Specified
On-Going Support:
Central Data Processing: Not Applicable
Central Purchasing: Not Applicable
Field Operation Evaluation: Included in Fees
Field Training: Included in Fees
Initial Store Opening: Included in Fees
Inventory Control: Included in Fees
Franchisee Newsletter: Included in Fees
Regional or National Meetings: Included in Fees
800 Telephone Hotline: Included in Fees
Training:
1. Columbus, Georgia- Corporate Headquarters 2 weeks 2. On Site Varies 3. Birmingham, Alabama Varies
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth: 5
General Business Experience: 4
Specific Industry Experience: 1
Formal Education: 3
Psychological Profile: 2
Personal Interview(s): 5
Minority Representation
Units Owned by Minorities:
African-American: N/A
Asian-American: N/A
Hispanic: N/A
Native American: N/A
Other: N/A
Specific Minority: N/A
Terms of Contract
Term of Initial Contract: 10 Year(s)
Term of Renewal Period: 5 Year(s)
Passive Ownership: Allowed
Area Development Agreements? Yes, for 0 Year(s)
Sub-Franchising Contracts? No
Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months: 12
U.S.: Yes, All
Canada: No
Overseas: No