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| Brand | Prime Car Wash Automotive Remove | MICHELIN® COMMERCIAL SERVICE NETWORK™ Automotive Remove |
|---|---|---|
| Vitals | ||
Investment range | $1.9M – $3.7M | $189K – $4.3M |
Liquid capital | $200K – $400K | $50K – $300K |
Franchise fee | $50K | $3K |
Royalty rate | 4.0% | N/A |
Ad fund rate | 2.0% | N/A |
| Performance | ||
Avg gross sales | $1.8M | N/A |
Median gross sales | N/A | N/A |
Avg owner earnings Metric varies by brand. Check type below | $32K | N/A |
Earnings metric | EBITDAR | Not classified |
| Risk | ||
Rating | ATop Quintile | BAbove Average |
Risk score | 34 / 100 | 58 / 100 |
SBA charge-off rate | 0.0% | N/A |
SBA loans on record | 6 | N/A |
| Scale | ||
Total units | 9 | 340 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 0.0% | 4.7% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 5 | 5 |
Initial training (hrs) | 192 | 126 |
| Contacts | ||
Franchisee phones | 25 | 100 |
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