16 frequently asked questions answered with data from the 2024 Franchise Disclosure Document.
The total initial investment to open a Turbo Tint franchise ranges from $301K to $435K (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 Turbo Tint is $45K (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 Turbo Tint 2024 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
No, Turbo Tint does not require franchisees to have dedicated real estate (2024 FDD). This can significantly reduce startup costs and ongoing overhead.
View full investment analysisTurbo Tint charges a royalty fee of 7.0% 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 Turbo Tint franchise is approximately 8.0% of gross sales (2024 FDD). This includes the royalty fee, a 1.0% marketing/advertising fund contribution, a $350/month technology fee, and other recurring charges.
View full fees analysisTurbo Tint has been involved in 1 litigation cases over the past 3 years (2024 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the Turbo Tint franchisor has no bankruptcy filings in their disclosure history (2024 FDD).
View full litigation analysisTurbo Tint offers exclusive 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 analysisTurbo Tint currently operates 23 locations (2024 FDD) (23 franchised, 0 company-owned). The system grew by 35.3% over the past year. The 3-year compound annual growth rate is 20.9%.
View full growth analysisThe 1-year franchisee turnover rate for Turbo Tint is 8.7% (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 Turbo Tint FDD Item 19 financial performance representation (2024 FDD), the median gross sales per unit is $916K (average: $663K).
View full financials analysisThe initial franchise agreement term for Turbo Tint is 15 years (2024 FDD). Franchisees can renew 1 time for 15-year periods. The total potential term is 30 years.
View full contract analysisTurbo Tint's post-termination non-compete clause restricts former franchisees from operating a competing business for 2 years within 25 miles of the former location (2024 FDD).
View full legal analysisNo, Turbo Tint's franchise agreement does not require mandatory arbitration (2024 FDD). Disputes may be resolved through litigation. The agreement includes a jury trial waiver.
View full legal analysisTurbo Tint provides 81 hours of initial training over approximately 2 weeks (2024 FDD). Ongoing field support is provided on a as-needed basis.
View full support analysisYes, Turbo Tint 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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