Fast Undercar
Auto & Travel AutomotiveCompany Information
Address
3 Dakota Drive, Suite 110New Hyde Park, New York 11042
Website
Tel
Email
Franchise Summary
Description
FAST UNDERCAR franchisees will operate a distribution outlet under the Licensed Marks specializing in selling undercar and other automotive aftermarket parts, supplies and accessories primarily to professional repair facilities and other commercial customers.
Company Background
Fast Undercar is a franchised company specializing in the sale of automotive aftermarket parts, supplies, and accessories. Fast Undercar is not affiliated with any manufacturer or distributor.
Franchise Opportunity
The auto aftermarket is a $1.4 trillion industry that's growing at a rate of 4% per year, and there are over 5 million businesses in the United States that need to buy parts from this market every day. Every one of these customers needs help sourcing their automotive parts, but they don't want to pay high prices for them either. They also have very specific requirements when it comes to quality, delivery time and customer service. This makes things difficult for suppliers like you who want access to this huge market without having the resources or experience needed to succeed in it on your own. FAST UNDERCAR(R) has everything you need as an entrepreneur looking for a way into the enormous automotive aftermarket supply chain market with little upfront investment required by you or financial risk taken by us! We provide all necessary training and support so our franchisees can focus on what they do best - selling products! Our proven system
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Automotive Industry$3,498,358 / unit
Franchise Type: Standard
Average Revenue During 2020
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
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Distribution of Fast Undercar Franchisees
Fast Undercar Franchise System Development in 2020
FAQ
How much investment do I need to start my own Fast Undercar business?
Franchisees typically require at least $54 to $805 investment to get their Fast Undercar business started
What are the initial franchise fees for Fast Undercar?
Franchisees typically need to pay at least $12 in fees directly to Fast Undercar in order to earn the right to launch their business
How much money can I make with a Fast Undercar franchise? What are
the average revenues for a typical Fast Undercar business?
We estimate that the average revenue of an individual
Fast Undercar unit is approximately
$3,498,358. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Fast Undercar unit? What
is my contractual commitment?
Fast Undercar franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
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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