Question 1

How much does it cost to open a Mr. Transmission / Milex Complete Auto Care franchise?

Accepted Answer

The total initial investment for a Mr. Transmission / Milex Complete Auto Care franchise ranges from $267K to $363K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Mr. Transmission / Milex Complete Auto Care franchise fee?

Accepted Answer

The initial franchise fee for Mr. Transmission / Milex Complete Auto Care is $45K.

Question 3

What are the net worth requirements for a Mr. Transmission / Milex Complete Auto Care franchise?

Accepted Answer

Net worth requirements for Mr. Transmission / Milex Complete Auto Care are specified in the Franchise Disclosure Document.

Question 4

Does Mr. Transmission / Milex Complete Auto Care require a personal guarantee?

Accepted Answer

Yes, Mr. Transmission / Milex Complete Auto Care requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Mr. Transmission / Milex Complete Auto Care franchise?

Accepted Answer

Equipment costs for a Mr. Transmission / Milex Complete Auto Care franchise range from $65K to $88K. Initial inventory costs range from $4K to $6K.