Standard Franchise Estimated Initial Investment

The estimated initial investment for a "Standard" franchise is as follows. The range takes into consideration the quality of the item(s) and the region of the country in which you may operate.

Business Investment
● Standard Franchise Fee (Exclusive Territory)	$20,000 to $35,000
● Software and License Agreement	$1,000
● Travel Expenses for Training (3 weeks in Seattle)	$800 to $3,000
Equipment
● Vehicle Lease or Purchase (Estimated for 3 months)	$900 to $1,800
● Vehicle Set-Up (Signage, Parts Bins, Tool Cart Battery Conversion, etc.)	$1,800 to $2,500
● Computer, Printer, Peripherals	$1,500 to $2,500
● Scan Tools, Hand Tools, and Diagnostic Equipment	$10,000 to $16,000
● Uniforms (Shirts & Jackets)	$100 to $600
● Cart and Tool Box	$1,000 to $6,500
● Service and Other Information Manuals	$800 to $1,500
Administrative
● Administrative Package (Letterhead/Envelopes, Office Supplies, etc. - 3 months)	$500 to $2,000
● Legal and Accounting Set-Up	$500 to $2,000
● Insurance (Business, Liability, Equiptment, and Vehicle - Estimated 3 months)	$1,500 to $2,000
● Advertising (Yellow Pages, Local Ads, Direct Mailers,          Association Memberships, etc. - 3 months)	$1,500 to $3,000
● Business Licenses and Permits	$100 to $500
● Office Rental (3 months - Optional)	$3,000 to $7,500
START-UP CAPITAL SUB-TOTAL	$45,000 TO $87,000
Additional Costs
● Grand Opening (Optional One Time Expense)	$3,500
● Operating/Working Capital (estimated 3 months)
● Labor (per Technician - 3 months)	$0 to $10,500
TOTAL INITIAL INVESTMENT	$51,500 to $110,400
Ongoing Fees
● Royalty Fee	8.5% of Gross Profit*
● Marketing Fee	2% of Gross Profit
● Software Maintenance	$100 per month
*Less parts cost (Equivalent to 3% of Gross Revenue)

MIT Franchise Estimated Initial Investment

The estimated initial investment for a "Mobile Interior Technician (MIT)" franchise is as follows. The range takes into consideration the quality of the item(s) and the region of the country in which you may operate.

Business Investment
● MIT Franchise Fee (Area of Primary Responsibility)	$15,000 to $17,000
● Software and License Agreement	$1,000
● Travel Expenses for Training (3 weeks in Seattle)	$800 to $3,000
Equipment
● Vehicle Lease or Purchase (Estimated for 3 months)	$900 to $1,800
● Vehicle Set-Up (Signage, Parts Bins, Tool Cart Battery Conversion, etc.)	$1,800 to $2,500
● Computer, Printer, Peripherals	$1,500 to $2,500
● Scan Tools, Hand Tools, and Diagnostic Equipment	$10,000 to $16,000
● Cart and Tool Box	$1,000 to $6,500
● Service and Other Information Manuals	$800 to $1,500
Administrative
● Administrative Package (Letterhead/Envelopes, Office Supplies, etc. - 3 months)	$500 to $2,000
● Legal and Accounting Set-Up	$500 to $2,000
● Insurance (Business, Liability, Equiptment, and Vehicle - Estimated 3 months)	$1,500 to $2,000
● Advertising (Yellow Pages, Local Ads, Direct Mailers,              Association Memberships, etc. - 3 months)	$1,500 to $3,000
● Business Licenses and Permits	$100 to $500
TOTAL INITIAL INVESTMENT	$36,500 TO $60,900
Ongoing Fees
● Royalty Fee	8.5% of Gross Profit*
● Marketing Fee	2% of Gross Profit
● Software Maintenance
*Less parts cost (Equivalent to 3% of Gross Revenue)