This chart outlines some key areas of the initial and ongoing investment. We help Smith’s Lube and Repair owners to launch quickly. Learn more or become pre-qualified.
|Per our 2023 Franchise Disclosure Document||Initial Fees and Investment Terms||Notes on Investment|
|Startup Investment||$80,679 to $119,855||For one territory|
|Initial Franchise Fee||$40,000 -10% discount for US Military Veterans||• 2 territories: $77,500 • 3 territories: $112,500|
|On-going Royalty||7% of Gross Sales||Paid Weekly|
|Brand Development Fund||1% of Gross Sales||Also invest 2% or $500/month in local advertising and marketing|
|Grand Opening||$1,000 to $1,500||Included in startup range to help launch the business|
As part of your pre-opening support, we provide on-boarding and training support to prepare you for startup and launch.
– Join us for 1 week in the Lafayette, LA area where we will cover your understanding of our Franchise Operations Manual including key topics such as daily operations, technology platforms we use, advertising programs, local marketing activities, financial management and managing your new business.
– Once you are ready to get started, we will be there to guide you through client acquisition, training your team and serving your local fleet accounts. As a Smith’s Lube and Repair owner, you have our ongoing guidance to develop, grow and work to achieve your goals of business ownership.