Precision Tune Auto Care Franchise FDD, Profits & Costs (2025)
Precision Tune Auto Care, established in 1976 in Beaumont, Texas, has evolved into a prominent provider of automotive maintenance and repair services. Since initiating its franchising efforts in 1977, the company has expanded its footprint significantly. The company’s headquarters is located in Leesburg, Virginia.
The franchise offers a comprehensive range of services, including diagnostics, scheduled maintenance, and repairs, covering everything from oil changes to engine replacements. This extensive service offering positions Precision Tune Auto Care as a convenient alternative to dealership services, catering to consumers seeking competence, convenience, and personalized care.
A key differentiator for Precision Tune Auto Care is its commitment to franchisee support. Franchisees benefit from world-class management, sales, and technical training, as well as turnkey marketing and advertising programs.
Initial Investment
How much does it cost to start a Precision Tune Auto Care franchise? It costs on average between $134,000 – $310,000 to start a Precision Tune Auto Care franchised center.
This includes costs for facility setup, equipment, initial inventory, and operating expenses. The exact amount varies based on several factors, including the size of the service center, its location, and whether the franchisee chooses to lease or purchase the property and equipment.
Type of Expenditure | Amount |
---|---|
Initial Franchise Fee | $2,000 – $25,000 |
Land/Building | $5,000 – $7,000 |
Construction/Site Acquisition | $6,000 – $10,000 |
Deposits, including rent and utilities | $5,300 |
Interior & exterior signs | $15,000 |
Equipment, Fixtures, Furniture, and Manuals | $59,500 – $125,000 |
Installation of Signs and Compressors | $10,000 – $25,000 |
Initial Inventory | $5,000 – $15,000 |
Insurance | $2,000 – $6,600 |
Initial Training | $0 – $2,500 |
New Center Marketing | $10,000 |
Miscellaneous | $1,000 – $10,000 |
Computer Software Support | $0 – $600 |
Computer Hardware Purchase | $2,500 – $3,800 |
Computer Hardware Lease | $200 – $7,800 |
Computer Software | $500 – $2,000 |
Additional Funds (3 months) | $25,000 – $45,000 |
Estimated Initial Investment | $134,000 – $310,300 |
Average Revenue (AUV)
How much revenue can you make with a Precision Tune Auto Care franchise? A Precision Tune Auto Care franchised facility makes on average $727,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,149,000 yearly revenue for similar auto repair franchises. Below are a few Precision Tune Auto Care competitors as a comparison:
Precision Tune Auto Care Franchise Disclosure Document
Frequently Asked Questions
How many Precision Tune Auto Care locations are there?
As of the latest data, Precision Tune Auto Care operates approximately 294 centers worldwide. This includes 232 independently owned and operated centers in the United States and an additional 62 international centers across countries such as Nigeria, Oman, Mexico, and Taiwan.
What is the total investment required to open a Precision Tune Auto Care franchise?
The total investment required to open a Precision Tune Auto Care franchise ranges from $134,000 to $310,000.
What are the ongoing fees for a Precision Tune Auto Care franchise?
Precision Tune Auto Care franchisees pay a royalty fee of 6% to 7.5% of gross sales, with a minimum of $300 per week. They also contribute 1.5% of gross sales to the National Marketing Fund and may be required to allocate up to 7.5% for local or cooperative marketing.
What are the financial requirements to become a Precision Tune Auto Care franchisee?
To qualify as a Precision Tune Auto Care franchisee, candidates are typically required to have a minimum net worth of $350,000 and liquid capital of at least $100,000. These financial prerequisites ensure that franchisees possess the necessary resources to support the initial investment and ongoing operational expenses associated with establishing and running a Precision Tune Auto Care center.
How much can a Precision Tune Auto Care franchise owner expect to earn?
The average gross sales for a Precision Tune Auto Care franchise are approximately $0.73 million per location. Assuming a 15% operating profit margin, $0.73 million yearly revenue can result in $110,000 EBITDA annually.
Who owns Precision Tune Auto Care?
Precision Tune Auto Care is owned by Icahn Automotive Group, which acquired the franchise in 2017.
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