MAY 2020 NEWSLETTER

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Our Business Is Helping You Find the Right Business
 
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In This Issue
Funding Your Business
Use Your IRA/401K
to Fund Your Business
  
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If you have retirement funds that you have not yet paid taxes on, you can access those funds to capitalize a business. You can then use those funds to buy a business, for any business expense, and to pay salary!

 

You are in control, you decide how much of your retirement funds you wish to use for the business. When working with a company that specializes in this funding option, and follows all of the IRS guidelines, you are able to buy a business Debt Free and Equity Rich (from the rollover of your IRA/401K funds). Additionally, you'll have a new 401K/Profit Sharing Plan that you can begin to contribute Tax Deferred.
 
Click here to learn more about using your retirement account and other funding options that are available.
Fun Facts
MIDAS was first established in April of 1956 by Nate H. Sherman in Macon. GA.

MIDAS is an acronym for Muffler Installation Dealer's Associated Service.

MIDAS is one of the world's largest providers of automotive services.

Today, there are over 2300 MIDAS locations worldwide.
Resources
The Fear Factor of Buying a Franchise

 

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Author and Philosopher Bertrand Russell once said "To conquer fear is the beginning of wisdom."

Buying a franchise is one of the biggest decisions you will ever make, so feeling fear is not only normal, it is entirely appropriate to the situation.

Who has fear? Everyone! Fear prevents us (most of us, anyway) from jumping out of a moving car or going over a waterfall in a barrel. Fear helps us make choices that are less likely to endanger our lives. Fear also prevents us from gambling our life's savings on a horse race or marrying someone we've known only a few days.
  
However, when we feel we have enough information about a subject, we can often get over fear and do things that were beyond our comfort zone.
  
If you are one of those people who has done your homework and found the franchise opportunity you've always dreamed of but can't seem to commit to a decision, then the final doubts you have are probably about your own abilities rather than the franchise itself.
  
This is where a qualified franchise consultant can help you. By assessing your interests, skills and experience, a consultant can guide you to a decision where risks are at an acceptable level and the benefits, while not certain, are well worth the effort.
  
The only problem with fear is when you allow it to stop you from doing something you know will make a positive difference in your life. Don't let fear stop you from reaching your goals! 
Buyer Checklist 
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1. Work with a consultant, he/she already knows the answers to most of your questions.

2. Take your time.

3. Identify your financial goals.

4. Understand your marketplace. 

5. Compare several franchise options.

6. Attend the Discovery Day.

7.Validate information with current franchisees.

8. Consult with a franchise attorney prior to signing any documents.

9. Begin your journey as a successful business owner.

Did you know... 
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One out of every 12 businesses operating today is a franchise.

 

What are some of the benefits to owning a franchise?

  
1. It's an established, successful brand.  
2. There are proven operating systems in place.  
3. Volume purchasing power. 
4. Shared experience with other franchisees. 
5. Formalized training and marketing programs to help ensure your success.

   

We've helped many aspiring business owners, just like yourself, realize their entrepreneurial dreams by matching them with their ideal Business or Franchise Opportunity.  If you're ready to take control of your future but need expert assistance finding just the right business, we can help.
    
You are never charged a fee for our services.
This Month's
Featured Franchise Category
Automotive
Maaco
Cash Needed: $100K
Total Investment: $250K-$350K
Current Locations: 500+              
                    
Maaco, North America's Bodyshop; a part of the Driven Brands, Inc. family of automotive aftermarket franchise brands based in Charlotte, NC; is North America's #1 auto paint and collision repair franchise.  With 500+ independently owned and operated franchises across the U.S. and Canada, Maaco is an iconic brand with over 45 years of experience and zero national competition. 
 
   
 
As a Maaco franchise owner bringing a trusted national brand to your local community, you'll be providing valued services and employment to the people of the area, quickly establishing yourself as a respected business leader.  You'll be able to use their resources and partner with other business leaders to positively impact the community. 
 
Maaco has been running a proven business model for over four decades.  Combine this with new technology, a turnkey online portal to help run your business and support from dedicated team members, you have a trusted model to drive success.
 
For more information, Click here 
Or call 800-401-9154
Meineke Car Care Center
Cash Needed: $110K
Total Investment: $250K-$350K
Current Locations: 800+     
                    
Meineke Car Care Center, LLC is a division of Driven Brands, Inc., the leading automotive aftermarket franchisor in the world.  Founded in 1972, Meineke has more than 800 centers that service approximately three million cars a year.  Over the years, Meineke has expanded its product offerings to better meet the demands of its customers and a changing marketplace.  Meineke continues to be ranked as one of the best franchise opportunities in the country and has recently won top franchise rankings from Forbes, Franchise Times and Entrepreneur Magazine.
   
 
 
 
Meineke is a full service automotive maintenance and repair franchise specializing in brakes, maintenance services and general repair.  Meineke combines massive marketing with a proven business system to attract and keep customers.  Meineke is widely recognized by the US Adult population and promotes its brand through, National TV commercials, millions of direct mailing pieces, and online search engine marketing for each center, as well as, social media outlets.
 
 
 
Meineke's business system and design create a unique and standardized facility with a comprehensive equipment package, proprietary POS system, and high-quality marketing materials.  With best in class real estate, training, and operations teams, Meineke provides world-class support to guide their franchisees in achieving success and business growth.  Meineke believes in providing a consistent road map for success, based on key performance dashboards, business statistics, and Meineke's playbook that's comprised of four parts - Marketing, Staffing, Servicing, and Retailing - the Meineke Way is the turnkey playbook with the processes and procedures necessary to drive center success and profitability.
 
When you join the Meineke franchise system, you automatically inherit a business system with over 46 years of experience.  They offer knowledge and expertise on business plans, daily management techniques, and repair best practices - everything you need to become a successful Meineke owner. 
 
For more information, Click here 
Or call 800-401-9154
AAMCO
Cash Needed: $65K
Total Investment: $227K-$333K
Current Locations: 671                                   

AAMCO Transmissions and Total Car Care is one of the most trusted and recognized "automotive" brands in the country.  AAMCO has spent the past half century as the worldwide leader in transmission repairs. Since their founding in 1962, they have serviced more than 45 million vehicles, and currently have 671 auto repair franchise locations in North America.  Their legacy brand continues to thrive.

Entrepreneur magazine has consistently ranked AAMCO as a top choice in its annual Franchise 500 rankings of franchise opportunities.  They are also an iconic brand that customers know. This is no accident: they have spent five decades building customer trust through their "Double-A-BEEP-BEEP-M-C-O" marketing campaigns.



As part of the Icahn Automotive Group, AAMCO franchise owners enjoy enormous benefits.  Icahn Automotive Group is one of the largest franchisors in the auto repair industry, with over 2,000 locations across four different brands.  The brands in the Icahn Automotive Group network specialize in different aspects of car repair, and can therefore support each other and refer business back and forth.  For example, if a customer visits one of the 1,000 Pep Boys locations across the country, and the vehicle requires transmission repair, that Pep Boys shop will refer that customer to their local AAMCO.  Icahn Automotive Group also helps AAMCO franchise owners keep ongoing inventory costs low, due to the strength of the brand's spending power.

There aren't many worldwide leaders in transmission repair - there's only one - and being associated with a brand that has spent decades building consumer trust and loyalty comes with the advantage you need to start a successful business.

For more information, Click here
Or call 800-401-9154
Honest-1 Auto Care
Cash Needed: $200K
Total Investment: $206K-$659K
Current Locations: 72           

Honest-1 Auto Care is the nation's only Eco-Friendly Auto Care® chain.  They offer a full range of automotive service and repairs along with providing exceptional service.  Honest-1® wants to ensure their customers are thoroughly educated on the systems and services necessary to keep their vehicles in the best running condition possible.  Honest-1® centers are designed to be family friendly with upscale features like tiled lobbies with leather easy chairs and couches, Internet cafe, complimentary beverages, large screen TV's, children's play areas secured by a low wall, tiled and upscale restrooms, and exceptionally clean work areas.












In the growing automotive care franchising industry, Honest-1 Auto Care stands apart with many unique advantages such as:
  • Customer-Centric Model - Exceptional service and a commitment to honesty and integrity builds customer trust and loyal relationships.
  • 100% Eco-Friendly - As environmental responsibility becomes even more important, Honest-1 is the clear choice for consumers who prefer green options.
  • Recession-Proof - There will always be a demand for quality automotive care, no matter what the economic situation.
  • Proven Franchise Model - Honest-1 franchise owners benefit from a finely tuned model that helps maximize potential and profit.
  • Comprehensive Training and Support - From their intensive training and certification programs to efficient marketing campaigns, they will support you with the tools and resources you need at every step.
  • Attractive Lifestyle - With sane business hours and steady business demands, Honest-1 franchise owners can create a lifestyle that works for them.
For more information, Click here
Or call 800-401-9154
Tint World
Cash Needed: $70K
Total Investment: $250K
Current Locations: 80   
                                 
Since 1982, Tint World has provided high-quality window tinting and vehicle accessories to people who love their cars.  With a wide selection of automotive products and services, clean, attractive facilities, and superior customer service, Tint World has become America's favorite place for automotive and marine styling, along with residential and commercial window film services.


The Tint World franchise system is built on proven principles that have been successfully implemented by people from all walks of life.  This is possible because Tint World has invested in one of the most comprehensive pre-opening training and assistance programs in the industry.  The Tint World strategy is to offer you the advantage of a truly sophisticated business management, sales and production support system.

Tint World is an industry leader, aside from being a proven brand with successful franchisees, Tint World dominates the industry.  Tint World has developed the concept and perfected the formula of skills acquired for over 35 years to successfully guide the marketing and automotive service operations that provides consumers with high quality products and services for their vehicles, boats, homes and businesses with exceptional value.

The Tint World franchise system gives its franchisees the opportunity to be their own boss in an auto styling franchise they own.  The Tint World business gives its franchisees the opportunity to build their business around their personal lives, with little to no outside travel necessary.
 
For more information, Click here  
Or call 800-401-9154
Master What is an Area Representative or Master Franchise?
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Some franchises have opportunities known as Area Representative or Master Franchise.  An Area Representative Franchise involves the development of a geographic region that can be as small as a single city or as large as an entire state; while a Master Franchise is normally reserved for the development of an entire country.  You purchase the right to develop a designated area and share in the franchise fees and royalties with the franchisor.  You work closely with commercial real estate agents, business brokers and consultants in the development of your area.  The investment needed to secure an Area Representative or Master Franchise opportunity can start as low as $150K depending the franchise, size of the population and the geographic area.
For more information, Click here  
Or call 800-401-9154
Master This Month's Featured Resale

Fibrenew
Bradenton/Sarasota, FL
$127,000

Most franchise systems offer resales.  To find out what's available in your area, Click here
If you would like to learn more about this month's Featured Business Opportunities or have questions about business ownership, you may contact me directly by calling the number below. 

Sincerely,
Dave Struck 

Dave Struck

Founder/Consultant

Quest Franchise Advisory Group
Direct: 770-910-7767 ext. 101

dstruck@questfran.com 

www.questfran.com 

 

We hope you find our newsletters informative and invite your suggestions and comments by emailing newsletter@questfran.com

 

Our Business Is Helping You Find The Right Business

 

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Big $avings for  U.S. Veterans
As a way of saying "Thank you" to our Veterans, many franchise companies offer our Veterans discounts on franchise fees ranging from 10%-50%. Some also offer discounted royalty fees of up to 50% for your first year in business. Call us and we'll be happy
to match you with a participating franchise.