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.