A recent PricewaterhouseCoopers study found that the franchising sector generates 18 million jobs in the United States alone and yields $1.53 trillion in economic output. If you’re considering joining the ranks of those who own and operate more than 760,000 franchise establishments get ready to learn all about this exciting way of doing business. In franchising you are in business for yourself, but not by yourself 1. With proven business systems, operating systems, marketing strategies, start-up training and development tools, Honest-1® provides the tools you need to be successful – even if you have no prior experience in the automotive industry.
Why Automotive Repair?
At the end of 2009, there was an estimated 80,061 independent general mechanical service businesses in the United States. These independent businesses employ an approximately 332,262 individuals who provide service and repair, administrative support, and leadership to keep more than 251 million motor vehicles operational. It is estimated that 70 percent (176 million) of out-of-warranty vehicles are repaired at independent shops.
The average age of cars in the United States is 10.6 years. This number is up from 10.2 at the beginning of 2007 as reported by Lang Marketing Resources Inc.
The Automotive Service Association projects total sales for general mechanical repair facilities in 2009 to be $39.8 billion, based on U.S. Census Bureau figures for general mechanical repair. Adding in specialty repair facilities, oil change facilities and transmission shops, the estimated total sales moves closer to $55 billion.
These figures do not include the approximately 20,010 auto dealerships with service facilities that took in approximately $30 billion ($17 billion in labor and $13 billion in parts) in 2008, according to the National Automobile Dealership Association. Dealership closures have collapsed the number of bays, down 8 percent between 2007 and 2008.
With new vehicle sales down 26 percent from September 2008 to September 2009, independent shops have an opportunity to serve consumers whose dealerships have or will soon close their doors.
1Source: International Franchise Association
Why Choose Tilden as your Auto Care Franchise?
Tilden Your Total Car Care Center™ provides you with everything you need to reach your full potential including an extensive two week training program for you, your manager and an additional employee. Our team of experienced operations personnel will train your team in the technical, mechanical, operational, business and management aspects of running a successful Tilden Your Total Car Care Center™.
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When you enter into the franchise world, you immediately access years of business experience without attending the college of “hard knocks.” You deal with a product or service that has been proven in the marketplace, or a name that people are already familiar with. The “system” of running your business has been established, enabling you to have a smooth running operation from the beginning. Mistakes can cost you money. Our system, experience and successful Business Format is geared toward reducing or eliminating your mistakes.
When you purchase a franchise you are joining a team. The members of that team have mutual goals. Together they work to increase sales and reduce the common expenses. You also gain expertise in site selection, lease negotiation, store design and store construction. These areas can take years of experience to become proficient in. We’re with you every step of the way.
Today, franchises are under stringent laws which protect the franchisee’s interest. As a result, today’s franchise offers a more secure investment than ever before. Government statistics show that failure rates of franchises are significantly lower than those of individuals starting a new business on their own.
At TildenTM we have a firm policy that no employee of the company can provide you with projections as to your potential sales, earnings or profitability. This policy adheres to FTC guidelines as outlined in Article XIX of our Franchise Agreement and eliminates possible misunderstandings which lead to better long-term relationships.
Instead, our standard procedure is to provide you with the name, address and telephone number of every franchise owner in our system. This information is given to you during our first personal meeting and prior to purchasing your franchise. This enables you to go directly to TildenTM franchise owners for straight facts. Of course, it is not mandatory for franchisees to provide exact figures, but most of them are willing to give you a good idea of how they are doing and relate if they are satisfied with TildenTM.
Without a doubt, Tilden gives you the best means to get the facts you need in the most honest and direct fashion. We feel, if you investigate, you’ll invest in opening a Tilden Your Total Car Care Center in your local area.
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