Affordable Mechanic Franchise In Illinois
Auto-Lab Is The #1 Name For Auto Repair Franchises In Illinois !
Have you ever dreamed of opening your own automotive repair shop, but just haven't taken the plunge? As a growing car servicing franchise system that offers a complete range of diagnostic services and repairs at competitive prices, Auto-Lab offers fantastic franchising opportunities for those who are interesting in joining the ranks of small business owners.
An Auto-Lab franchise is preferable to other automotive service options in the market because we as Franchisor are focused solely on providing automotive diagnosis and repair. Our focus is not diluted by also being a landlord, a parts supplier, or a car sales organization. As such, your success and our success are completely aligned and we will be with you every step of the way to ensure the business thrives.
The Benefits Of Owning A Franchise in Illinois
Many Americans dream of opening their own business, but often the risks of setting out on your own seem too great to overcome. Perhaps you've considered searching for an auto repair shop for sale, but you have concerns about your ability to start from scratch all on your own without support. For this type of would-be business owner, the benefits of franchising can be incredible.
Moreover, becoming part of a franchise system provides you with more options in the future if you ever decide to retire or sell as franchises that are part of respected and successful systems are much more attractive to potential buyers than small independent business would be. Lastly, even if you have no automotive background or mechanical experience, the franchise system can provide the training and support you need to get you started with an automotive franchise of your own.
- To become your own boss.
- To own your own small business and build personal net worth.
- To minimize many of the small business start-up risks that exist by partnering with a franchise system with an established business model.
- To establish an attractive and reasonable transition of ownership or retirement in the future by being part of a business system and brand name that is more desirable to potential buyers.
Okay, So How Much Does An Auto-Lab Franchise Cost in Illinois?
An investment in Auto-Lab can vary greatly depending on the size and location of your site, whether you purchase new or used equipment, or whether you convert an existing location or start the site from scratch. Assuming you choose to rent the facility instead of own the real estate, you can expect the investment in an Auto-Lab location to fall within the following range:
| Low | High | |
|---|---|---|
| Franchise Fee | $13,750* | $27,500 |
| Equipment | $80,000 | $119,000 |
| Inventory | $5,000 | $15,000 |
| Leasehold Improvements & Real Estate Cost | $5,500 | $64,000 |
| Training | $2,000 | $5,000 |
| Pre-Opening Expenses | $15,000 | $33,000 |
| Working Capital | $10,000 | $50,000 |
| Total Estimated Cost: | $130,750 | $313,500 |
Frequently Asked Questions Regarding Our mechanic franchise Services:
I already own an auto repair shop, can I make it an Auto-Lab Complete Car Care Center?
Yes, you can convert your current auto repair shop to an Auto-Lab Complete Car Care Center. In fact, we have an Auto-Lab conversion program in place. Contact our sales consultant for more information on our conversion program.
Is financing available?
Third party financing is available and may be used for up to 80% of your start-up cost. Auto-Lab Franchising is an SBA approved franchise which helps you get approved for your loan faster.
How does the process work?
- Have introductory call with one of our Franchise Development representatives.
- Fill out a Personal Profile and Credit Application.
- Assuming these meet Auto-Lab's basic requirement levels, you will be issued a Franchise Disclosure Document ("FDD") along with some business fundamental reference materials. You will be asked to sign a receipt of this FDD to move to the next step.
- An Auto-Lab representative will walk you through the FDD to better educate you on the process, requirements, and risks of becoming an Auto-Lab franchisee. This part of the process may take place over a number of different phone conversations or meetings.
- If mutual interest still exists at this point, we will schedule a meeting with Auto-Lab management to hold an in person "Discovery Day" at our headquarters in Auburn Hills, MI.
- It is upon completion of Discovery Day, that Auto-Lab makes the decision to award the franchise to you.
- Upon awarding of the franchise, a closing date will be scheduled to execute the franchise agreement and any related legal documentation.