Top Value Car & Truck Service Centers
Top Value Car & Truck Service Centers
36887 Schoolcraft
Livonia, MI 48150
800#: (800) 860-8258
Tel: (734) 462-3633
Fax: (734) 462-1088
E-Mail: [email protected]
Web Site: www.top-value.com
Contact: Mr. Larry Reed, Chief Financial Officer
We fix cars. People are holding onto and maintaining their vehicles longer than ever. Our menu of repair specialization includes: brakes, exhaust, suspension, shocks, struts, air conditioning, general maintenance and general repair. We focus on customer service and franchisee satisfaction, with on-going training, strong purchasing power and field support that you can count on!
Franchisor Background
Established: 1977
First Franchise: 1980
Franchise Units: 32
Company-Owned Units: 8
Total Units: 40
Distribution:
U.S. -- 40;
Canada -- 0;
International -- 0
-North America -- Operations in 3 States
-States/Provinces with Greatest Density: 27 in MI, 3 in OH, 1 in IN
Projected New Units Over Next 12 months: 8
Franchisee Qualifications: 3, 3, 3, 3, 3, 4
(Click here for an explanation)
Registered in Following Registration States: MI,IN,IL (Click here for an explanation)
Average Number of Employees: 2-3 FT (FT = Full Time, PT = Part Time)
Space Needs: 2,500-3,500 SF; FS
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $30-60K
Total Investment: $125K
Average Total Investment: $125.0K
Minimum Net Worth: $125K
Fees:
-Franchise: $17.5K
-Average Franchise Fee: $17.5K
-Royalty: 2-5%
-Average Royalty: 3.5%
-Advertising: 3%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Discouraged
Area Development Agreements: Yes
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 12
On-Going Support: B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 3 Weeks in Livonia, MI; 1 Week On-Site.
Franchisor's Specific Expansion Plans
U.S.: MI, OH, IN, IL, N. KY
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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