Our Review Of:

Car Business
Milex Car Business

Milex Car Business offers a wide range of services for all automobiles both foreign and domestic. Services cover all types of diagnostics and repairs including brakes, cooling systems, electrical systems, fuel systems, and air conditioning systems. Franchisees are offered a superior business system, strong brand name, customized marketing and a variety of services that are in strong demand.

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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