ProColor Collision

What specific factors led to the 2 pending litigation cases against the franchisor, and what are the anticipated outcomes?

Can you provide detailed explanations for the 6 closures and 6 terminations that occurred between 2022-2024, including whether these were franchisee-initiated or franchisor-initiated?

Why is the monthly technology fee of $1,200 substantially higher than the automotive franchise industry standard of $156-$493, and what specific services and software does this fee cover?

Given the 5-year initial term is shorter than the typical 10-15 year range, what are the renewal conditions and can you detail all 5 renewal-related requirements mentioned in the contract?

Why does the franchise agreement contain zero years and zero miles of non-compete protection when the industry standard is 1-2 years and 5-25 miles, and what prevents former franchisees from opening competing operations?

Can you explain the royalty structure of 3.0% compared to the industry standard of 5.4-7.5%, and whether this rate increases over time or with performance milestones?

What mandatory suppliers are franchisees required to use for paint and parts, and are there competitive bids required, or is the franchisor the sole approved supplier?

Of the 11 net new units added in 2024, how many are from existing franchisee expansion versus new franchisees, and what is the breakdown by state or region?

What support and training does the franchise provide given that the Support & Training score of 74 falls below the typical range of 80-100 for automotive franchises?

Can you provide the Item 19 financial performance statement showing average unit volumes, operating expenses, and profitability for existing franchisees?

What were the specific grounds for the terminations, and were any formal dispute resolution processes followed before termination?

How many of the 3 closures in 2022 occurred within the first year of franchise operation, and do early closures indicate onboarding or training issues?

Are there any restrictions on the $10,000 transfer fee, and can you provide the typical timeframe and approval process for franchise transfers?

What is the renewal fee of $5,000 based on, and are there additional requirements or conditions that must be met to qualify for renewal?

Given the rapid expansion from 10 to 30 units in 3 years, what quality control measures are in place to ensure consistent brand standards and customer satisfaction?

Can you provide contact information for at least 10 existing and 5 former franchisees, including those who closed or were terminated, so I can conduct independent reference checks?

What specific operational control does the franchisor retain regarding pricing, and what is the maximum or minimum price range franchisees can charge customers?

Are there any performance benchmarks or unit economics that franchisees must maintain to avoid termination, and what happens if a unit underperforms?

How is the Ad Fund of 0.75% allocated, and can franchisees see detailed accounting of how their contributions are spent?

What is the franchisee's actual cost of goods sold compared to franchisor-approved supplier pricing, and are there opportunities to negotiate volume discounts or alternative suppliers?