5/10

Franchimp Summary Rating

2 /10
Higher than 88% of peers

Franchise Summary

Description
The franchised business being offered is FIX AUTO® for the establishment and operation of a collision repair shop specializing in auto body repair work and related services.
Company Background
FUSA, Inc. is the parent company of Fix Auto and other automotive service brands in North America. Established in 1987, FUSA has grown to include more than 500 locations across North America. The company specializes in collision repair for all makes and models of vehicles and provides a range of related services including auto detailing, paintless dent removal, frame straightening/repairing, vehicle rentals and financing options for customers seeking assistance with their comprehensive car care needs.
Franchise Opportunity
Most people don't realize that auto body repair work is a highly specialized skill. This means you need to hire someone who has the expertise and experience to do quality work at an affordable price. The reality is that most shops are not capable of providing great service for a fair price, which means you're going to end up paying too much or settling for less than your car deserves. FUSA, Inc.'s FIX AUTO(R) program provides everything you need to start your own successful business in auto collision repair including startup capital, training, marketing help and ongoing support from our team of experts. We even give you access to pre-approved customers so we can make sure it's the right business opportunity for your lifestyle and location preferences!
Corporate Structure
The franchisor is FUSA Franchisor SPV LLC, a Delaware limited liability company, formed on April 21, 2020. It is a direct, wholly-owned subsidiary of Driven Systems LLC.

Earnings Transparency

7 /10
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

$1,755,163 / unit

Franchise Type: Standard

Average Revenue During 2020

$1,755,163
$122,260
Industry Low
$6,320,794
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Fix Auto Franchisees

Fix Auto Franchise System Development in 2024

FAQ

How much investment do I need to start my own Fix Auto business?
Franchisees typically require at least $169,700 to $3,090,000 investment to get their Fix Auto business started
What are the initial franchise fees for Fix Auto?
Franchisees typically need to pay at least $10,000 in fees directly to Fix Auto in order to earn the right to launch their business
How much money can I make with a Fix Auto franchise? What are the average revenues for a typical Fix Auto business?
We estimate that the average revenue of an individual Fix Auto unit is approximately $1,755,163. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Fix Auto unit? What is my contractual commitment?
Fix Auto franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

2 /10
The Franchisor's investment costs ranges from $169,700 to $3,090,000 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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