6/10

Franchimp Summary Rating

1 /10
Higher than 97% of peers

Franchise Summary

Description
Rad Air Franchise Systems, Inc. (“Rad Air”) offers franchises for the operation of vehicle service and repair centers that specialize in maintenance, repair, and professional automotive service (a “Rad Air Business” or “Franchised Business”).
Corporate Structure
Rad Air is an Ohio corporation with its principal offices located at 17601 W. 130th St., Suite 4A, North Royalton, OH 44133 that was organized on July 23, 1999.To the extent that we have designated agents for service of process in other states, they are listed in Exhibit D. We conduct business under the name “Rad Air”. We began offering Franchised Businesses in 1999. We do not offer other franchises in any other line of business. We do not conduct any other business activities other than selling and supporting Franchised Businesses. We do not have any predecessors or parents.
Investment and Franchisee Fees
The total investment necessary to begin operation of a new Franchised Business ranges from $234,250 to $582,500. This includes $54,650 that must be paid to the franchisor or its affiliates. If you enter into a Development Agreement, the total investment necessary to begin operation of one new Franchised Business and to have the right to develop between a total of two and ten Franchise Businesses ranges from $274,250 to $867,500. This includes $94,650 to $339,650 that must be paid to the franchisor or its affiliates.

Earnings Transparency

10 /10
This Franchise discloses far more 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

$1,291,277 / unit

Franchise Type: Standard

Average Revenue During 2021

$1,291,277
$472,412
Industry Low
$1,291,277
Industry High

Employee Contact Database

# Name Position Phone Number Email Address

RAD AIR COMPLETE CAR CARE Franchise System Development in 2021

FAQ

How much investment do I need to start my own RAD AIR COMPLETE CAR CARE business?
Franchisees typically require at least $145,500 to $573,000 investment to get their RAD AIR COMPLETE CAR CARE business started
What are the initial franchise fees for RAD AIR COMPLETE CAR CARE?
Franchisees typically need to pay at least $54,650 in fees directly to RAD AIR COMPLETE CAR CARE in order to earn the right to launch their business
How much money can I make with a RAD AIR COMPLETE CAR CARE franchise? What are the average revenues for a typical RAD AIR COMPLETE CAR CARE business?
We haven’t done the math on how much revenue a typical RAD AIR COMPLETE CAR CARE brings in each year. We estimate that other franchisees in the Auto & Travel industry generate $1,291,277 revenue, so we would expect RAD AIR COMPLETE CAR CARE to generate a similar amount
How long do I need to commit to running a RAD AIR COMPLETE CAR CARE 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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