6/10

Franchimp Summary Rating

6 /10
Lower than 47% of peers

Franchise Summary

Description
The franchised business is a motor vehicle center specializing in the repair and replacement of automotive products and services such as air conditioning, brake systems, maintenance service, muffler and exhaust systems, ride control products, tires, and other automotive products and services that is operated under the Car-X Auto Service brand name. You may purchase a single franchise or an area development franchise.
Company Background
The Car-X franchise is the best place to get your car fixed. With over 400 locations nationwide, we can meet you wherever you are with our mobile repair vans. Our automotive experts specialize in everything from air conditioning and brake systems to tire replacement and more! You may purchase a single franchise or an area development franchise today for this great opportunity.
Franchise Opportunity
Car-X is a large, well established automotive service company. They want to expand into new markets and increase the number of their franchisees. Car-X has been around for 30 years, but they are not as popular in some areas of the country as they would like to be. If you're familiar with car repair services then you know that there are a lot of companies out there trying to get your business. There is stiff competition from other big names in this industry such as Firestone and Goodyear, so it's hard for any one company to stand out above the rest especially when all these businesses offer similar products and services at nearly identical prices. The best way for Car-X to get more customers is through advertising because people need reminders about who they should go see when their cars break down or need maintenance work done on them every few months or so. By using an ad campaign focused on local radio stations and newspapers they can
Corporate Structure
Car-X, LLC is a Delaware limited liability company, organized on April 23, 2015 under the name C-X Acquisition, LLC. On May 12, 2015, they changed their name to Car-X, LLC. They do business as Car-X, LLC, Car-X Auto Service, Car-X, Car-X Tire and Auto, Car-X Muffler Shop, Car-X Muffler & Brake and Car-X Tire and Auto Service. Their principal business address is 1375 E. Woodfield Road, Suite 500, Schaumburg, Illinois 60173. Their parent company is Monro, Inc., formerly known as Monro Muffler Brake, Inc., a New York corporation with its principal place of business at 200 Holleder Parkway, Rochester, New York 14615. They have offered Car-X franchises since May 2015.

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Car-X Franchisees

Car-X Franchise System Development in 2021

FAQ

How much investment do I need to start my own Car-X business?
Franchisees typically require at least $315 to $512 investment to get their Car-X business started
What are the initial franchise fees for Car-X?
Franchisees typically need to pay at least $30 in fees directly to Car-X in order to earn the right to launch their business
How much money can I make with a Car-X franchise? What are the average revenues for a typical Car-X business?
We haven’t done the math on how much revenue a typical Car-X brings in each year. We estimate that other franchisees in the Auto & Travel industry generate $1,267,503 revenue, so we would expect Car-X to generate a similar amount
How long do I need to commit to running a Car-X unit? What is my contractual commitment?
Car-X franchisees are typically required to sign up to a 15 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

6 /10
The Franchisor's investment costs ranges from $315,200 to $512,000 which is Much Lower 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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