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Truck Options
5865 University Blvd. W.
Jacksonville, FL 32216




Submit an online form to receive information from Truck Options.
Business Description

TRUCK OPTIONS is a retail, wholesale, catalog sales and installation business of after-market parts and accessories for trucks, vans and four-wheel drives. High-dollar customized suspension work has skyrocketed into a huge market predicted to continue to grow well into the next century. TRUCK OPTIONS specializes in this field and is already considered the market leader.

Franchisor Background

Year Established:  1987

Franchising Since:  1996

Operating Units:

Franchised Units:

4

50%
Company-Owned Units:450%
 
Total Operating Units:
8
100.0%
 
Geographic Distribution:
U.S.:8100%In 3 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
8
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Florida3
2. Georgia1
3. Maryland1

Registered in Following Registration States: Florida, Maryland, Virginia

Financial Requirements

Investment:
Minimum Net Worth: $100K
Cash Investment:$50-100K
Total Investment:$160-300K
Average Total Investment:$230K
 
Fees:
Initial Franchise Fee:$25K
Average Franchise Fee:$25K
On-Going Royalty:4%/$1,333/Mo.
Average Royalty:4%
Advertising Fee:4%
 
Average Number of Employees: 3 Full-time, 1 Part-time

Space Needs (in square footage): 4,000-7,000

Preferred Sites: Free-standing Building, Storefront

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

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:4
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 1 Year(s)
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: 5
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:At Additional Cost
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 
Training:
1. Jacksonville, FL4 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 6

U.S.:

Yes, All United States
Canada:No
Overseas:No
Submit an online form to receive information from Truck Options.