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| Brand | MICHELIN® COMMERCIAL SERVICE NETWORK™ Automotive Remove | Bandag Automotive Remove |
|---|---|---|
| Vitals | ||
Investment range | $189K – $4.3M | $357K – $6.5M |
Liquid capital | $50K – $300K | $112K – $2.3M |
Franchise fee | $3K | $3K |
Royalty rate | N/A | N/A |
Ad fund rate | N/A | N/A |
| Performance | ||
Avg gross sales | N/A | N/A |
Median gross sales | N/A | N/A |
Avg owner earnings Metric varies by brand. Check type below | N/A | N/A |
Earnings metric | Not classified | Not classified |
| Risk | ||
Rating | BAbove Average | FBottom Quintile |
Risk score | 58 / 100 | 85 / 100 |
SBA charge-off rate | N/A | 8.3% |
SBA loans on record | N/A | 13 |
| Scale | ||
Total units | 340 | 157 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 4.7% | 3.2% |
| Contract | ||
Initial term (years) | 10 | 5 |
Renewal term (years) | 5 | 5 |
Initial training (hrs) | 126 | 176 |
| Contacts | ||
Franchisee phones | 100 | 100 |
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