16 frequently asked questions answered with data from the 2024 Franchise Disclosure Document.
The total initial investment to open a Alloy Wheel Repair Specialists franchise ranges from $99K to $639K (2024 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Alloy Wheel Repair Specialists is $75K (2024 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Alloy Wheel Repair Specialists 2024 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
No, Alloy Wheel Repair Specialists does not require franchisees to have dedicated real estate (2024 FDD). This can significantly reduce startup costs and ongoing overhead.
View full investment analysisAlloy Wheel Repair Specialists charges a royalty fee of 6.0% of gross sales (2024 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a Alloy Wheel Repair Specialists franchise is approximately 6.0% of gross sales (2024 FDD). This includes the royalty fee, and other recurring charges.
View full fees analysisAlloy Wheel Repair Specialists has been involved in 0 litigation cases over the past 3 years (2024 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the Alloy Wheel Repair Specialists franchisor has no bankruptcy filings in their disclosure history (2024 FDD).
View full litigation analysisAlloy Wheel Repair Specialists offers protected territory rights to its franchisees (2024 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales rights are shared between the franchisor and franchisee.
View full territory analysisAlloy Wheel Repair Specialists currently operates 90 locations (2024 FDD) (78 franchised, 12 company-owned). The system contracted by 6.3% over the past year. The 3-year compound annual growth rate is -4.1%.
View full growth analysisThe 1-year franchisee turnover rate for Alloy Wheel Repair Specialists is 6.7% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisAccording to the Alloy Wheel Repair Specialists FDD Item 19 financial performance representation (2024 FDD), the median gross sales per unit is $288K (average: $439K).
View full financials analysisThe initial franchise agreement term for Alloy Wheel Repair Specialists is 10 years (2024 FDD). Franchisees can renew 1 time for 10-year periods. The total potential term is 20 years.
View full contract analysisAlloy Wheel Repair Specialists's post-termination non-compete clause lasts 2 years after termination or expiration (2024 FDD).
View full legal analysisYes, Alloy Wheel Repair Specialists's franchise agreement requires mandatory arbitration for dispute resolution (2024 FDD).
View full legal analysisAlloy Wheel Repair Specialists provides 96 hours of initial training over approximately 3 weeks (2024 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.
View full support analysisYes, Alloy Wheel Repair Specialists provides site selection assistance to help franchisees find the right location (2024 FDD). The franchisor also provides technology support and systems.
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