Our Review Of:

Car Business
Victory Lane Car Business

Victory Lane Car Business offers diagnostic, engine performance, tune-up services and repairs of engine related systems, i.e. ignition, carburetion, fuel injection, emission inspections, computer controls, cooling, air conditioning, used car evaluations, and lubrication services. For maximum customer satisfaction, Victory Lane Car Business alwayss analyzes systems for the problem and maintenance requirements, so the customer can make service and repair decisions.

BACKGROUND

Established: 1974

1st Franchised: 1975

Franchised Units: 26

Company Owned Units: 2

Projected New Units (12 Months): 5

Registered: NR

FINANCIAL/TERMS

Cash Investment: $35-50K with collateral

Total Investment: $122.5-163K

Minimum Net Worth: $200K

Franchise Fee: $19K, then $14K for 2nd location, $9K for additional locations

Royalty: 5%

Ad: $600 Paid Directly to Co-op

Average Number Of Employees: 4 FT

Passive Ownership: Discouraged

SUPPORT & TRAINING PROVIDED

Financial Assistance Provided: Yes

Site Selection Assistance: Yes

Lease Negotiation Assistance: Yes

Co-Operative Advertising: Yes

Training: One week at corporate headquarters; one week on-site.

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