Business Description

True brakes only brake specialist. Eliminate the headaches of operating a "we do everything shop." Do one thing right. This is a great opportunity for the right person cooking for a business in the Northeast.

Franchisor Background

Year Established:  1989

Franchising Since:  1992

Operating Units:
Franchised Units:	0	0%
Company-Owned Units:	8	100%
Total Operating Units:	8	100.0%
Geographic Distribution: U.S.: 8 100% In 1 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 8 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Connecticut	8

Registered in Following Registration States: New York

Financial Requirements

Investment:
Minimum Net Worth:	$Open
Cash Investment:	$50-90K
Total Investment:	$50-100K
Average Total Investment:	$75K
Fees:
Initial Franchise Fee:	$12K
Average Franchise Fee:	$12K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	4%

Average Number of Employees: 3 Full-time, 1 Part-time

Space Needs (in square footage): 2,500

Preferred Sites: Free-standing Building, Strip Center

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	2
Formal Education:	2
Psychological Profile:	3
Personal Interview(s):	3
Terms of Contract
Term of Initial Contract:	17 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	3
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	At Additional Cost
Central Purchasing:	Included in Fees
Field Operation Evaluation:	At Additional Cost
Field Training:	At Additional Cost
Initial Store Opening:	At Additional Cost
Inventory Control:	Included in Fees
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	Not Applicable
800 Telephone Hotline:	Not Applicable
Training:
1. Norwalk, CT	80 Hours
Expansion Plans
Projected New Units Over Next 12 months: 6 U.S.: Yes, Northeast Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Brake Centers Of America.