Alloy Wheel Repair is a top supplier of mobile wheel repair for both retail businesses and wholesale. Servicing more than 7,500 car dealerships, auto insurance companies, body shops, and tire stores, Alloy Wheel Repair is ripe to become the top wheel repair company in the world. What’s more, Alloy Wheel Repair offers same-day service to customers in need of a quick fix. Mobile workshops allow for stellar off-site repairs, too. With more than 150 franchises across the world, Alloy Wheel Repair is prepared to assist businesses and motorists in need no matter their location.
Full Franchise Information
Franchisees have the perk of being able to run their businesses from their own homes, thus cutting back on operating costs. Each franchise generally needs about three employees. Alloy Wheel Repair does not accept absentee owners at this time, but it does allow franchisees to own more than one unit, a privilege that one in four franchisees takes advantage of.
Alloy Wheel Repair Franchise Opportunities - History
After 15 years in the automotive business, Tom Morris started Alloy Wheel Repair in Atlanta in 2000. Following immediate success, Morris licensed the business to 31 people within two years. By 2003, Morris opted to take the plunge and franchise the business.
Alloy Wheel Repair Franchise Cost / Initial Investment / Alloy Wheel Repair Franchise Income
Alloy Wheel Repair has a franchise fee of $25,000 to $76,000 for a 10-year renewable agreement, but the total initial investment ranges from $65,000 to $116,000. Alloy Wheel Repair also charges a 5% ongoing royalty fee on all sales. Franchisees must have a net worth that exceeds $50,000 (though preferably exponentially larger than that), and their liquid assets must be at least $10,000.
Alloy Wheel Repair Business Opportunities: Other Information
In 2006, Alloy Wheel Repair bolstered its capabilities by building its first remanufacturing plant. The plant expanded the number of repairs that Alloy Wheel Repair could perform including fixing air leakage and powder coating.