百大连锁店-Rank no. 284 – 新移民致富之路
Rank no. 284 – Tuffy Associates Corp./Car-X Associates Corp. – US
Products & Services: Complete automotive repair
Number of Locations: 350
Total Investment: $232K – 413.5K
Founded: 1970
Began Franchising: 1971
About Tuffy Associates Corp./Car-X Associates Corp.
Charles Amy founded Tuffy Auto Service Centers when he opened the first Tuffy Muffler shop in 1970. The private company began franchising one year later and now has shops in several states. It is based in Toledo.
Franchise Units
YEAR | U.S. | CANADIAN | INTERNATIONAL | COMPANY OWNED |
2013 | 317 | 0 | 0 | 33 |
2012 | 326 | 0 | 0 | 46 |
2011 | 352 | 0 | 0 | 30 |
2010 | 362 | 0 | 0 | 32 |
2009 | 369 | 0 | 0 | 43 |
Florida, Iowa, Illinois, Indiana, Maryland, Michigan, Midwest, Nebraska, North Carolina, North Dakota, Northeast, New Jersey, Ohio, Pennsylvania, South, South Dakota, Southeast, Southwest, Virginia, Wisconsin.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $25,000
Ongoing Royalty Fee: 1-5%
Term of Franchise Agreement: 15 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $250,000
Liquid Cash Available: $125,000
OPERATIONS
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4 – 5. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).
FINANCING TYPE | IN-HOUSE | THIRD PARTY |
Franchise Fee | ||
Startup Costs | ||
Equipment | ||
Inventory | ||
Accounts Receivable | ||
Payroll |
How This Franchise Supports Franchisees
Franchise Ranking History
Type | Private |
---|---|
Founded | 1970 |
Founder(s) | Charles Amy |
Headquarters | Toledo, Ohio |
Number of locations | 210 |
Parent | Tuffy Associates Corp. |
Website | www.tuffy.com |
Tuffy Auto Service Centers is a chain of franchise and company-owned automotive service centers headquartered in Toledo, Ohio. As of March 2012 there were 235 locations in 20 states in the eastern United States.The company is owned by the Tuffy Associates Corporation which also owns the Car-X Tire and Auto dealerships. Tuffy was founded in 1970 by Charles Amy as a muffler shop, but later diversified into repairing steering, suspension and brakes.[1][2][3]