Frequently Asked Questions
Q. What type of franchise is available?
A. BRAKE KING offers
you the opportunity to operate a business that provides
a wide variety of auto repair and maintenance services under
one roof. With service technicians who are well trained,
knowledgeable, and exhibit a demonstrated commitment to providing
services, Brake King exceeds the expectations of customers
and is first class in the auto service industry.
Q. How much does the franchise cost?
A. The estimated initial
investment to establish a BRAKE KING franchise ranges from
$121,750 to $277,533. This includes the initial franchise fee
of $50,000.
Q. How much is the fee for continuing support services?
A. The
continuing services, or “royalty fee,” is paid weekly at 5%
of gross sales. This fee entitles you to use the BRAKE KING
trademark, use of our distinctive system, marketing assistance,
ongoing business development and counseling, and other benefits
that come with being a BRAKE KING partner.
Q. Will I have an exclusive territory?
A. BRAKE KING does
not grant an exclusive territory. We will grant you a territory
(called an “Area of Primary Responsibility” or “Area”) defined
by zip codes or other physical, political or natural boundaries.
Q. What about advertising?
A. We will help you develop a grand-opening
advertising budget for the first three months of operations. Thereafter,
franchisee will also spend up to 5% of the previous month’s
gross sales on local advertising. In addition, each franchisee
will contribute up to 2% of your weekly gross sales in a Marketing
Fund.
Q. How much training is provided in a BRAKE KING franchise
system?
A. The initial training covers all material aspects
of the operation of a BRAKE KING franchise presented in both
classroom and as on-the-job training.
Q. What is the term of a BRAKE KING Franchise Agreement?
A. The
initial term of the Franchise Agreement is five years. The
franchise is renewable for three additional terms of five
years each, providing you have complied with the provisions
of the Franchise Agreement.
Q. What is my next step?
A. Simply complete the Franchise
Application and return it to us. Upon receiving the form we
will contact you.