Car-X
Car-X Centers provide automotive repair services. Franchisees operate a Car-X Center at a designated location, providing services such as tire and auto repair. They utilize a proprietary point-of-sale system (VAST Enterprise Retail software) for sales and inventory tracking, financial reporting, and royalty/advertising reporting. Franchisees are responsible for the operation of their location, including maintenance and updates of the software and hardware, though the franchisor may require specific hardware and software in the future, up to a maximum of $15,000 in additional costs during the franchise term. The franchisor has access to sales and other data generated by the point-of-sale system. Franchisees must attend a new dealer training program before opening and may be required to attend a performance assessment and additional training courses.
Car-X Franchise Cost
| Franchise Fee: | $25,000Key Metric |
| Total Investment: | $315,200 - $512,000Key Metric |
| Liquid Capital: | Not specified |
| Royalty Fee: | 5% of gross sales |
| Marketing Fee: | 10% of gross sales |
Scale relative to 1,000 locations
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