Fast Undercar

3 Dakota Drive, Suite 110New Hyde Park, New York 11042

[email protected],[email protected]

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The FAST UNDERCAR® franchise grants you the right to own a distribution outlet specializing in the sale of undercar and other automotive aftermarket parts, supplies and accessories. FAST UNDERCAR® outlets sell primarily to professional installers ranging from independent garages with a single service bay to well-known national repair chains servicing high volumes of business. Your inventory will include popular-brand brake parts, steering, chassis and suspension components, power transmission parts and other automotive parts and supplies that we specify. These parts and supplies are for installation or use in automobiles and other light vehicles in accordance with manufacturers' specifications. Most undercar products are subject to constant wear and tear and most professional installers can install these products without special training. Our affiliate, PAM, maintains relationships with a variety of wholesale suppliers of high quality, national brand undercar and other automotive aftermarket parts who are capable of supplying our chains' inventory needs and promptly fill restocking inventory orders as needed. PAM endeavors to negotiate favorable group buying programs with certain recommended suppliers to obtain volume discounts and other favorable terms for our franchisees. Neither we nor PAM make any representation regarding our ability to obtain particular prices, payment or credit terms. You must purchase all of your undercar and other automotive aftermarket parts, supplies and accessories from our recommended suppliers unless you obtain our prior written consent to purchase inventory items from a supplier who you propose to us and we approve after considering the quality of the supplier's inventory and the supplier's overall reputation and ability in our opinion to make timely deliveries. We forbid our franchisees to negotiate different prices or other terms of sale directly with suppliers on our recommended supplier list. FAST UNDERCAR® outlets' primary customer base is the professional installation market rather than retailers who sell undercar and other automotive aftermarket parts to the general public. Professional repair facilities of all types are under increasing pressure to shorten repair and service times and increase returns from their service bays. By specializing in undercar parts and marketing to the professional installation market, FAST UNDERCAR® outlets occupy a distinctive segment of the automotive aftermarket. As component parts proliferate, professional installers are specializing in the kind of repair work they handle. FAST UNDERCAR® outlets serve this increasingly specialized market niche. We distinguish the FAST UNDERCAR® system by featuring a two-step supply delivery process. Our approach involves FAST UNDERCAR® outlets (i) purchasing inventory directly from manufacturers and wholesalers of undercar and other automotive aftermarket parts, and (ii) using delivery vehicles to “hot shot” inventory directly to the customer's repair shop. Our delivery systems represent a significant departure from traditional wholesale distribution methods which historically involve at least three-steps: a hard parts manufacturer selling to a jobber or full-line warehouse who, in turn, resells inventory to a local distributor or retailer where customers travel to pick up the products they need. Our approach eliminates the functions that, historically, local auto parts jobbers (who typically combine retail and wholesale operations in retail locations where customers must come and shop) and full-line warehouse distributors (who sell primarily to jobbers, but historically are weak on service functions), perform. Our two-step distribution approach emphasizes parts delivery and customer convenience. We speed up the process of getting parts to the ultimate end user (the installer) and minimize expenses attributable to carrying an extensive inventory line.