Our Review Of:

Milex Car Business
BACKGROUND
Established: 1986
1st Franchised: 1993
Franchised Units: 28
Company Owned Units: 0
Projected New Units (12 Months): 20
Registered: CA, MI
(Currently, Milex Car Business is NOT Registered in the following states: AZ, HI, MD, MI, MN, NY, ND, OR, RI, SD, WA, WI.)
FINANCIAL/TERMS
Cash Investment: $35K
Total Investment: $149K
Minimum Net Worth: $150-300K
Franchise Fee: $27.5K
Royalty: 7%
Ad: Varies
Average Number Of Employees: 4-5
Passive Ownership: Possibly, As long as certain conditions are met
SUPPORT & TRAINING PROVIDED
Financial Assistance Provided: Yes, 3rd Party
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-Operative Advertising: Yes
Training: 4Weeks- 3 Weeks in the Field and 1 Week at the Home Office
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