Rank no. 420 – Mr. Transmission/Transmission USA – US
Products & Services: Transmission repair & services
Number of Locations: 102
Total Investment: $174.88K – 248.13K
Began Franchising: 1976
About Mr. Transmission/Transmission USA
Founded in 1956, Mr. Transmission/Transmission USA was acquired in 1990 by Moran Industries, which also franchises Milex Complete Auto Care, Alta Mere Toys For Your Car and Smart View Window Solutions. Mr. Transmission/Transmission USA service centers repair and maintain transmission systems and drive train components. Franchisees also have the opportunity to have co-branded centers with Milex.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $30,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 20 years, renewable
Net Worth: $250,000 – $300,000
Liquid Cash Available: $60,000
Number of employees needed to run franchised unit: 3 – 5. Absentee ownership of franchise is allowed. (93% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|