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Franchising FAQ

FINANCIAL

What are the financial qualifications to become a MAACO franchisee?

• $75,000 from non-borrowed funds
• $250,000 - $300,000 net worth
• Good credit

What is the total investment?

• $296,500

What are the royalties and advertising contributions?

• Royalty fees are 9% of the gross receipts of the center
• In the event that the weekly royalty fees and advertising contributions are postmarked before midnight Monday for the previous week's business and submitted with the required statements, the royalty fee payable shall be reduced to eight percent (8%) of gross receipts, provided Franchisee is current as of the date of payment with all weekly royalty fees, advertising contributions and any other monies due MAACO.

How much cash is required for opening?

• $75,000

Is financing available?

• Yes, financing is available for qualified buyers.
• For those who can themselves meet the $75,000 cash investment and have a net worth of at least $300,000, we have been able to help with the rest more than 95% of the time.

What is the franchise fee?

• $40,000

What is the term of the franchise?

• 15 years
• Renewable in 5-year options

SUPPORT

What kind of training and support does MAACO provide?

• 4 weeks of hands-on training at an existing center located at our Corporate Headquarters in King of Prussia, PA
• Instruction on sales, management, production and customer service procedures
• 3+ weeks of on-the-job training for both franchisee and employees
• 6-12 months of new center development oversight
• Ongoing training and development on site/virtual
• Annual conference

What type of marketing support will I receive?

• Our in-house national advertising agency, Printz Advertising, assists franchisees in production and placing:
• Nationally recognized TV and radio ads
• Internet ads
• Yellow page ads
• Center design and point-of-purchase merchandising
• Monthly reconciliation

What assistance will MAACO provide for the real estate selection?

• Site selection assistance
• Lease negotiation assistance
• Internet ads
• Construction assistance
• Equipment installation

PROCESS

What is the franchise approval process?

1. Provide a confidential application
2. Attend our webinar
3. Review the Franchise Disclosure Document (FDD)
4. Conduct your due diligence
5. Visit MAACO home office
6. Complete agreement
7. Get approval

GENERAL

Are franchisees required to have an automotive background?

• No automotive experience is necessary; we teach everything there is to know.

What special skills are required?

• MAACO is looking for candidates that possess:
  • Sales aptitude
  • Financial management skills
  • Managerial experience
  • High motivation and a strong desire to succeed
  • The willingness to follow a proven system
  • The ability to personally devote the time and effort necessary to build, manage and supervise a MAACO center

Does MAACO provide its franchisees with protected territory?

• We look to make sure the market is capable of handling a shop.

What is the availability of sites and territory in my area of interest?

• Please reference our available territories map to see a list of opportunities by state.

What are MAACO’s real estate site criteria?

• We target areas with 100,000 registered vehicles
• Average footprint is 7,000 ft plus
• We are in retail-friendly locations