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Home >> Automotive >> Transmission Repair
 Gearhead Transmissions 3365 Silica Rd. Sylvania, OH 43560 |
Submit an online form to receive information from Gearhead Transmissions.
|
Business Description
GEARHEAD TRANSMISSIONS is the industry leader of remanufactured transmissions sales direct to the wholesale and consumer market. Our new transmission shop franchise opportunity is the most affordable start-up expense and the lowest operating cost in the $4.1 billion/year transmission service business. GEARHEAD provides a wide range of training and support, including financing support, customer support at our call center, product support at our remanufacturing facility, advertising support, etc.
Franchisor Background
Year Established: 2001
Franchising Since: 2004
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Average Number of Employees: 1 Full-time, 0 Part-time
Space Needs (in square footage): 2,500
Preferred Sites:
Other Sites: Ind./Manu.
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
GEARHEAD TRANSMISSIONS is the industry leader of remanufactured transmissions sales direct to the wholesale and consumer market. Our new transmission shop franchise opportunity is the most affordable start-up expense and the lowest operating cost in the $4.1 billion/year transmission service business. GEARHEAD provides a wide range of training and support, including financing support, customer support at our call center, product support at our remanufacturing facility, advertising support, etc.
Franchisor Background
Year Established: 2001
Franchising Since: 2004
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 1 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 1 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Ohio | 1 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $15K |
| Cash Investment: | $10K |
| Total Investment: | $47.5-57.3K |
| Average Total Investment: | $52K |
| Fees: | |
| Initial Franchise Fee: | $10K |
| Average Franchise Fee: | $10K |
| On-Going Royalty: | None |
| Average Royalty: | 0% |
| Advertising Fee: | $1,950/Mo. |
Space Needs (in square footage): 2,500
Preferred Sites:
Other Sites: Ind./Manu.
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 2 | ||||||||
| General Business Experience: | 1 | ||||||||
| Specific Industry Experience: | 1 | ||||||||
| Formal Education: | 1 | ||||||||
| Psychological Profile: | 1 | ||||||||
| Personal Interview(s): | 3 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | 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: | 12 | ||||||||
| 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: | Included in Fees | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Not Applicable | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. On-Site | 3 Weeks | ||||||||
| 2. 10 Days | |||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Gearhead Transmissions.
|
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