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Truck Options
5865 University Blvd. W.
Jacksonville, FL 32216
800#:
Tel: (904) 731-7548
Fax: (904) 731-3558
E-Mail: [email protected]
Web Site: www.truckoptions.com
Contact: Mr. Todd Strong, Franchising Department
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
Established: 1987
First Franchise: 1996
Franchise Units: 4
Company-Owned Units: 4
Total Units: 8
Distribution:
U.S. -- 8;
Canada -- 0;
International -- 0
-North America -- Operations in 3 States
-States/Provinces with Greatest Density: 3 in FL, 1 in FA, 1 in MD
Projected New Units Over Next 12 months: 6
Franchisee Qualifications: 3, 3, 2, 2, 4, 5
(Click here for an explanation)
Registered in Following Registration States: FL,MD,VA (Click here for an explanation)
Average Number of Employees: 3 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 4,000-7,000 SF; FS, SF
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $50-100K
Total Investment: $160-300K
Average Total Investment: $230.0K
Minimum Net Worth: $100K
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 4%/$1,333/Mo.
-Average Royalty: 4.0%
-Advertising: 4%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 5
On-Going Support: a,b,C,D,E,F,G,h,I (Click here for an explanation)
Training: 4 Weeks Jacksonville, FL.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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