You will operate a brake repair and service store that also offers lube, oil and filter services.
Company Background
Brake Masters is a family owned and operated business that has been serving the North Carolina area for over 25 years. Brake Masters offers brake repair, service, and installation services to all makes of cars including domestic brands like Ford, Chevrolet, Chrysler, Dodge Ram Trucks.
Franchise Opportunity
You are a professional mechanic, but you need to make more money. Our shop is an established business that has been serving our community for over 20 years. We have built up a large customer base because we offer quality services at reasonable prices. This means that there will be lots of repeat customers and referrals coming in the door every day! The owner of this shop wants to retire, so he is selling his entire business including all equipment and inventory for $250k cash or $350k financed with 50% down payment. He can stay on as manager if you want him to, or he will train your staff on how to run everything once it's sold. There are no other offers currently available for sale in your area so now is the time to buy!
Corporate Structure
BRAKE MASTERS SYSTEMS, INC. is an Arizona corporation doing business under the trade name BRAKE MASTERS, with its principal offices located at 6179 East Broadway Boulevard, Tucson, Arizona 85711. BMSI was incorporated on December 3, 1990 and commenced activity on December 3, 1991. BMSI began offering BRAKE MASTERS franchises in 1991.
Investment and Franchisee Fees
The total investment necessary to begin operations of a Brake Masters Systems, Inc.’s franchised business ranges from $167,450 to $298,950 for someone having an existing automotive repair business, and from $227,200 to $652,150 for a start-up business. These estimates do not include real estate expenses. This includes the initial franchise fee of $22,950, and pre-opening purchases ranging from $0 to $193,609, that must be paid to the franchisor or their affiliates. If you elect to enter into a Multi-Store Amendment, you will pay Brake Masters Systems, Inc. a development fee equal to 50% of the initial franchise fee for each additional Brake Master’s store (excluding your first store). This fee is not refundable, but is credited fully against the initial franchise fee for each store as it is developed (except the first store).
Employee Contact Database
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Name
Position
Phone Number
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Distribution of Brake Masters Franchisees
Brake Masters Franchise System Development in 2017
FAQ
How much investment do I need to start my own Brake Masters business?
Franchisees typically require at least $167 to $652 investment to get their Brake Masters business started
What are the initial franchise fees for Brake Masters?
Franchisees typically need to pay at least $22 in fees directly to Brake Masters in order to earn the right to launch their business
How much money can I make with a Brake Masters franchise? What are
the average revenues for a typical Brake Masters business?
We haven’t done the math on how much revenue a typical
Brake Masters brings in each year. We estimate that other
franchisees in the Auto & Travel industry generate
$1,267,503 revenue, so we would expect
Brake Masters to generate a similar amount
How long do I need to commit to running a Brake Masters unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
1 /10
The Franchisor's investment costs ranges from
$356,500 to $6,524,200
which is
Much Higher
than the $0 to $0 average in the Automotive industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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