Mr. Transmission / Milex Complete Auto Care
Formerly known as Moran Family of Brands
Bottom line
- Total investment $249K – $323K including a $40K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $868K/year (median $800K). Estimated payback in 0.7 years.
- Rated STRONG with a risk score of 42/100. SBA loan default rate of 0.0% across 74 loans (below the industry average).
- System contracting at -7.8% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
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 Mr. Transmission / Milex Complete Auto Care unit return on the cash you put in?
Unlevered ROIC · per unit
44%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Mr. Transmission / Milex Complete Auto Care units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.7M
on $8.7M purchase
Total debt
$6.9M
SBA $4.3M + senior + seller note
Overview
About
Franchisees operate automotive service centers specializing in transmission repair, maintenance, and complete car care services. Day-to-day operations include customer intake, diagnostic testing, parts sourcing, technician management, and warranty/service documentation. Revenue comes from labor, parts markup, and fluid services across transmission, brake, oil, and general maintenance categories.
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 20 · 21 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
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
Declining unit count combined with unverified revenue claims and rigid minimum royalty obligations creates moderate-to-high risk for capital recovery in a consolidating industry.
Score breakdown · what drove the 42 / 100 rating
- 01MINORUnit count declining 3.6% YoY (112 units) suggests system contraction and potential market saturation or franchisee struggles
- 02MEDNo Item 19 financial performance representation disclosed despite $868K avg revenue claim — inability to verify earnings claims independently
- 03MINORMinimum royalty of $250/week ($13,000/year) creates floor obligation regardless of sales performance, problematic during slow periods
- 04MINORHigh initial investment ($248.6K-$323.1K) against 15-year term requires sustained 8%+ annual returns just to break even on capital
- 05MEDMature transmission/auto care market with consolidation pressure from national chains (Firestone, Jiffy Lube, Midas) and independent competitors
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
69 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Mr. Transmission / Milex Complete Auto Care · FDD (2024) PDF