Mr. Motor operates in the outboard motor servicing industry. The company specializes in the preservation and restoration of Johnson, Evinrude, Viking, Elto and Gale outboard motors. The company operates in a niche and has established a name for itself in the specific motor industry. The company has years of experience and rather than diversify they have concentrated in knowing everything about their chosen industry and becoming the definitive word regarding repairs and renovation of these motors.
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Liquid capital required
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$35,000
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Net worth required
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$150,000
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Investment
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$128,000 - $128,000
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Franchise fee
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$27,500
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You'll need $35,000 in liquid capital to open a Mr. Motor. $150,000 is the minimum net worth required to open a location. The low end of the total investment required to open a new franchise is $128,000. The most you would expect to invest in a Mr. Motor location is $128,000. The franchise fee to open a Mr. Motor unit is $27,500.
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