Franchise Information
With $100M+ in systemwide sales and 100+ franchised and corporately-owned territories operating in over 45 states, we have a unique, profitable, and scalable mobile business model.
The Investment
STANDARD LEVEL: The initial investment for a standard level franchise with one mobile unit starts at only $100,000 including working capital.| Initial Franchise Fee | $40,000 |
| Travel and Living Expenses while Training | $1,000 - $5,000 (estimated) |
| Truck | $0 - $40,000 each |
| Mobile Reconditioning Facility (MRF) -Tandem Axle Trailer or Box Truck or Express MRF Van | 35,000 - $80,000 Trailer; $110,000 - $140,000 Box Truck; $90,000 - $120,000 Express MRF Van |
| Start-up Kit, Sign and Equipment Package per MRF | $8,000 - $12,000 each |
| Wheel Straightening Equipment per MRF | $5,000 - $8,000 each |
| Insurance | $500 - $4,500 |
| Professional Fee | $2,500 - $5,000 |
| Construction, Deposits, Rent | $0 - $5,000 |
| Computer software and hardware | $2,000 - $4,000 |
| Additional Funds (3 months) | $5,000 - $15,000 |
| Total with Truck/Trailer | $99,000 - $213,500 (excluding rent) |
| Total with Box Truck | $174,000 - $233,500 (excluding rent) |
| Total with Express MRF Van | $154,000 - $213,500 (excluding rent) |
| Second Territory Franchise Fee | $20,000 |
| Third Territory Franchise Fee | $20,000 |
MEDIUM MARKET: The initial investment for a medium market franchise with two mobile units starts at $183,000 including working capital.
| Initial Franchise Fee | $75,000 |
| Travel and Living Expenses while Training | $2,000 - $5,000 (estimated) |
| Truck | $0 - $80,000 for two |
| Mobile Reconditioning Facility (MRF) -Tandem Axle Trailer or Box Truck or Express MRF Van | $70,000 - $160,000 Trailer; $220,000 - $280,000 Box Truck; $180,000 - $240,000 Express MRF Van |
| Start-up Kit, Sign and Equipment Package per MRF | $16,000 - $24,000 for two |
| Wheel Straightening Equipment per MRF | $10,000 - $16,000 for two |
| Insurance | $500 - $4,500 |
| Professional Fee | $2,500 - $5,000 |
| Construction, Deposits, Rent | $0 - $5,000 |
| Computer software and hardware | $2,000 - $4,000 |
| Additional Funds (3 months) | $5,000 - $15,000 |
| Total with Truck/Trailer | $183,000 - $388,500 (excluding rent) |
| Total with Box Truck | $333,000 - $428,500 (excluding rent) |
| Total with Express MRF Van | $293,000 - $388,500 (excluding rent) |
LARGE MARKET: The initial investment for a large market franchise with three mobile units starts at $271,000 including working capital.
| Initial Franchise Fee | $110,000 |
| Travel and Living Expenses while Training | $2,000 - $5,000 (estimated) |
| Truck | $0 - $120,000 for three |
| Mobile Reconditioning Facility (MRF) -Tandem Axle Trailer or Box Truck or Express MRF Van | $105,000 - $240,000 Trailer; $330,000 - $420,000 Box Truck; $270,000 - $360,000 Express MRF Van |
| Start-up Kit, Sign and Equipment Package per MRF | $24,000 - $36,000 for three |
| Wheel Straightening Equipment per MRF | $15,000 - $24,000 for three |
| Insurance | $500 - $4,500 |
| Professional Fee | $2,500 - $5,000 |
| Construction, Deposits, Rent | $0 - $5,000 |
| Computer software and hardware | $2,000 - $4,000 |
| Additional Funds (3 months) | $10,000 - $130,000 |
| Total with Truck/Trailer | $271,000 - $578,500 (excluding rent) |
| Total with Box Truck | $496,000 - $638,500 (excluding rent) |
| Total with Express MRF Van | $436,000 - $578,500 (excluding rent) |
Is financing available?
Alloy Wheel Repair Specialist franchisees work with third party financing providers such as SBA, leasing companies, and banks. Our franchisee recruitment department will help you determine the best sources of financing for you.- You will need a credit score of 660 or better;
- Standard Level Franchise: Minimum of $60,000 in liquid assets to invest with a $150,000 minimum net worth;
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Medium Market Franchise: Minimum of $120,000 in liquid assets to invest with a $300,000 minimum net worth;
-
Large Market Franchise: Minimum of $250,000 in liquid assets to invest with a $500,000 minimum net worth;
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Clean criminal record; and
- No bankruptcies for at least 7 years.
You can finance your business in a number of ways, including:
- HELOC (home equity lines of credit)
- SBA guaranteed loans
- ROBS (401K Rollovers)
- Fleet financing
Growth
OpportunitiesThere are three ways to grow.
- Owner Operators will start implementing 1.
- More aggressive entrepreneurs looking to scale into larger operations will launch at 2.
- Start small and stay small.
One franchisee, one mobile repair truck. No employees. You do the work and keep the money.
- Start small and grow big.
Multiple territories; a fleet of vehicles.
- Start Big.
Multiple territories; a fleet of vehicles; and a fixed location.
Timeline
To OpenIt takes 60-90 days once you decide to join Alloy Wheel Repair Specialists as a franchisee to the time you are in market generating revenue.
Sign Agreements
Onboarding/Ramp-up begins with the signing of franchise agreements.Business Setup/ Onboarding
- Account/Technology setup
- Hiring technicians/ employees
- Order branded materials
- Ordering equipment
- Entity creation
Initial Training
- Two week training in Norcross, GA
- Both classroom and field style training
- Vehicle(s) delivered to location post-training or driven home by franchisee if receiving at the training
One Week Rollout Visit
- Pull partnership opportunity list
- Additional technical training
- Begin face-to-face selling and networking w/partners
Business Launch!
- Designated support and corporate point of contact at all times
- Claims team immediately begins fielding calls as business launches