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It takes experience to build a good reputation and to be considered a pro. Mr. Transmission has been repairing transmissions for fifty years. We work hard to keep our reputation by offering honest professional service and a written nationwide warranty. The three important sources of business for our franchisees are retail sales, fleet accounts, and wholesale accounts.
Franchisor Background
Year Established: 1956
Franchising Since: 1956
Operating Units: |
| Franchised Units: | 120 | | 100% | | |
| Company-Owned Units: | 0 | | 0% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 120 | | 100% | | |
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Geographic Distribution: |
| U.S.: | 120 | | 100% | | In 20 States |
| Canada: | 0 | | 0% | | In 0 Canadian Provinces |
| International: | 0 | | 0% | | In 0 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 120 | | 100% | | |
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North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
| 1. Illinois | 13 | | 2. Georgia | 21 | | 3. Texas | 18 |
Registered in Following Registration States:
Financial Requirements
Investment: |
| Minimum Net Worth: | $250K |
| Cash Investment: | $70K |
| Total Investment: | $142K-179K |
| Average Total Investment: | $160K |
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Fees: |
| Initial Franchise Fee: | $30K |
| Average Franchise Fee: | $30K |
| On-Going Royalty: | 7% |
| Average Royalty: | 7% |
| Advertising Fee: | $100/Mo. |
Average Number of Employees: 4-5 Full-time, 0 Part-time
Space Needs (in square footage): 4,500
Preferred Sites: Free-standing Building
Other Sites: Automotive Zone
Encourage Conversions? Yes
Earnings Claims Provided? Yes
Listed in the SBA Registry? No
Support and Training
| International Franchise Association: | Yes |
| Canadian Franchise Association: | No |
| Franchisee Association/Member: | Yes, Member |
| Size of Corporate Staff: | 25 |
| Site Selection Assistance? | Yes |
| Lease Negotiation Assistance? | Yes |
| Financial Assistance? | Yes, Indirect |
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Marketing Support: |
| Co-Op Advertising: | Yes |
| National Advertising: | No |
| Regional Advertising: | Yes |
| Local Advertising: | Yes |
| Marketing Materials: | Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos |
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies |
| Other Marketing Support: | YP, Internet, PR Support |
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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: | Not Applicable |
| Franchisee Newsletter: | Included in Fees |
| Regional or National Meetings: | Included in Fees |
| 800 Telephone Hotline: | Included in Fees |
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Training: |
| 1. Midlothian, IL | 2 Weeks |
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Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
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| Financial Net Worth: | 5 |
| General Business Experience: | 3 |
| Specific Industry Experience: | 2 |
| Formal Education: | 3 |
| Psychological Profile: | 2 |
| Personal Interview(s): | 3 |
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Minority Representation
Units Owned by Minorities: |
| African-American: | 4% |
| Asian-American: | 4% |
| Hispanic: | 3% |
| Native American: | 0 |
| Other: | 2% |
| Specific Minority: | Equipment Financing, Financing Referrals, Lease Negotiations, Loan Assistance, Managerial Training, Mentoring, Sale-Leaseback |
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Terms of Contract
| Term of Initial Contract: | 20 Year(s) |
| Term of Renewal Period: | 20 Year(s) |
| Passive Ownership: | Allowed, But Discouraged |
| Area Development Agreements? | Yes, for 5 Year(s) |
| Sub-Franchising Contracts? | No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: 5
| U.S.: | Yes, All US except HI, ND, RI, SD, WI |
| Canada: | No |
| Overseas: | No |
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