Franchising
The National Automobile Dealers Association reports that the automotive industry generated 679 billion dollars in 2002 franchised dealership sales. Approximately 28.6% of that amount represents used vehicles and 59.6% are new.
With the typical new car costing $26,150 (over double the price of 10 years ago), millions of buyers are being priced out of the new car market and are turning to quality used cars instead. The 21,725 new car dealerships in the United States account for approximately 50% of used cars sales. That is why Aero-Colours’® primary source of business comes from the used car departments of new car dealerships.
AERO COLOURS®, Inc. is recognized as the market leader in the paint repair industry based on our superior paint repair processes, industry-leading products, and highly trained and motivated franchisees. In addition to the dealer market, opportunities also exist with wholesalers, commercial fleets and individual car owners. Experience in paint repair is not necessary as many of our successful franchisees come to us with unrelated business experience and careers. We will teach you to be successful in this business if you have a genuine interest and are willing to make the commitment for success.
Why Choose Aero-Colours®?
One of the many benefits of being part of the AERO COLOURS® family of franchise owners is that AERO COLOURS® has a vested interest in your success. If your business is successful, that success has a major impact on the overall success of the entire AERO COLOURS® franchise system. Each new franchisee success story translates into stronger market penetration and strength.
Exclusive Territory
Your assigned territory is exclusive to you. You have the power to maximize your market potential. You can start out hands-on as a manager/technician and grow the business as large as the market will allow. Many franchise owners operate businesses that include multiple vans on the road with managers to oversee the day-to-day operation. This type of operation then frees the franchise owner to further expand the business by securing additional territories. In addition, AERO COLOURS® provides, without cost, an 800-telephone number that routes all service inquiries originating within your territory to your office telephone or to your location via cell phone. This benefit allows the franchise owner to respond to all current and perspective customer needs quickly and professionally.
Experience
With over 19 years of experience, AERO COLOURS®, Inc. is an established paint repair company within the industry and has been designated the number one paint repair franchise in America by Success Magazine (October, 2000). An independent study of some 2500 franchise systems in North America rated AERO COLOURS®, Inc. the number one auto paint franchise. It placed in the top 5% of all franchise companies.
Expertise
After training, our franchise owners have the know-how to get the job done right using the products we developed for our specialized business. Proper training combined with regular technical updates, training seminars and access to our technical experts by telephone, fax and the internet give our franchisees access to the shared experience of hundreds of their colleagues internationally.
Research and Development
In an ever-changing automotive industry, our full-time chemical engineer keeps us on the cutting edge of technology. We do the research and testing so you can concentrate on running the business.
Training and Support
New franchise owners begin their AERO COLOURS® career with a four-week training program. The first week is spent in their territory preparing for classroom and hands-on training that takes place at AERO COLOURS® training Center in Minneapolis, Minnesota. The pre-training material consists of a training manual that offers step-by-step instructions on how to repair everything from chip and scratches to mending a cracked bumper. The sales and marketing manual covers sales, marketing, advertising, and promotions and the administration manual offers information and documents needed to operate an AERO COLOURS® franchise business.
Our manuals, combined with the pre-training booklet and match quiz provides the trainee with a good introduction to AERO COLOURS® nomenclature and protocol, so that the 80 hours of training conducted in Minneapolis can be devoted to hands-on experience working on actual production vehicles.
The third week is spent with an AERO COLOURS® trainer back in the franchisee’s home territory providing demonstrations to dealer managers, opening accounts, and working on vehicles. This process prepares franchisees to operate on their own as an independent franchise owner. Plus, after successful completion of the training program, the trainee becomes AERO COLOURS® certified.
AERO COLOURS® offers over one hundred and sixty hours of classroom and hands-on training that prepares the new AERO COLOURS® franchise owner for success in their territory. Plus, follow-up training in the field is available to any new franchise owner that may need additional fine-tuning of their skills.
Initial Investment
AERO COLOURS® franchise package includes a comprehensive training manual, administration manual, and a sales and marketing manual that provide the franchise owner with the tools necessary for success. The use of these manuals combined with a three-week training program that offers classroom and hands-on training, educate the trainee on the proper use of equipment and supplies with special hands-on instruction that covers AERO COLOURS® processes and procedures. Other package benefits include decals for one van, an exclusive territory, pre-sales market survey, account development, website territory listing, access to AERO COLOURS® product distribution center, proprietary products, insurance programs, and access to technical experts by telephone, fax and the internet give our franchisees access to the shared experience of hundreds of their colleagues nationally.
| Franchise Fee | $ 25,000 to $125,000
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The typical exclusive territory includes approximately 70 new car dealerships and is priced at $25,000. Smaller territories can be arranged and the franchise fee would be reduced. |
| Chevy Astro Van | $10,000 to $20,000
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This is the approximate cost of a used van. |
| Working Capital | $ 15,000
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Estimated capital reserve required to operate your business. |
| Van Equipment & Set-Up | $12,000
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Required painting equipment and supplies. |
| Total | $ 57,400 to $165,400
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Monthly Fees
As an AERO COLOURS® franchisee, you will be required to pay a royalty in the amount of 7% of your gross revenue. For that fee, you will receive from AERO COLOURS® ongoing technical support, access to AERO COLOURS® Warehouse Distribution Center products, franchise conferences, and regional seminars, and other benefits as stated above.
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