Fix Auto
Formerly known as Farmers Insurance
Bottom line
- Total investment $55K – $3.1M including a $10K franchise fee, 3.0% ongoing royalty.
- Average unit revenue of $3.2M/year (median $2.7M).
- Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 30 loans (below the industry average).
- 12 litigation matters disclosed in Item 3 — higher than typical. Review the summary for patterns (franchisor-initiated vs. franchisee-initiated).
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one FIX AUTO unit return on the cash you put in?
Unlevered ROIC · per unit
40%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 FIX AUTO units return on equity?
Equity IRR · 5-yr
23.7%
2.90× MOIC
Year-1 DSCR
3.67×
EBITDA ÷ debt service
Equity required
$26.8M
on $45.4M purchase
Total debt
$18.6M
SBA $5.0M + senior + seller note
Overview
About
FIX AUTO franchisees operate auto collision repair and restoration centers, managing technician teams, handling insurance claims, coordinating vehicle repairs, and managing customer service. Day-to-day operations include scheduling repairs, sourcing parts, quality control, billing/invoicing, and maintaining customer relationships in a location-dependent service business.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 14 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
14
states with franchisees (per FDD Item 12)
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
FIX AUTO operates under significant legal and financial headwinds with undisclosed profitability, slow growth, and a litigious parent company; the absence of net income disclosure is a critical red flag masking true earning potential.
Score breakdown · what drove the 49 / 100 rating
- 01HIGHSignificant litigation portfolio: three franchisor-initiated breach actions, multiple shareholder class actions against parent company (Driven Brands), securities violations, and advertising fund misappropriation claims affecting affiliate brands
- 02MINORNo Item 19 (Average Net Income) disclosure despite $3.18M average revenue, making ROI calculation impossible and suggesting either poor profitability or franchisor unwillingness to disclose performance data
- 03HIGHSlow unit growth of only 5.0% YoY with 212 units indicates market saturation or franchisee dissatisfaction; flat/declining growth combined with litigation raises sustainability concerns
- 04MINORParent company (Driven Brands) facing securities law violations and shareholder derivative complaints, indicating potential financial instability or mismanagement at corporate level that could affect franchise support
- 05MINORWide investment range ($55K-$3.09M) with no correlation to revenue/territory suggests inconsistent unit economics and potential for unprofitable locations
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
97 numbers
One-time purchase · CSV download · Validation questions included
FDD download
FIX AUTO · FDD (2025) PDF