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Home > Franchises > Precision Tune Auto Care
Precision Tune Auto Care
A franchisee is a powerful and effective process that includes the marketing, sale and distribution of products as well as services. Experience of the franchisor and the goodwill of the brand are the vital attributes of a successful franchisee. The franchisor licenses the trademarks and techniques of doing business and performs the distribution of products or services through his associated dealers.
Precision Tune Auto Care was established in 1976 in Beaumont, Texas. The company provides quick, convenient and inexpensive engine tune-ups. Franchising of Precision Tune centers began the next year. As automotive technology changed, Precision Tune expanded its service menu to include oil changes, fuel injection, air conditioning, cooling systems, brakes and other diagnostic services. In September 1996, the Precision Tune brand name was changed to Precision Tune Auto Care to reflect the shift in emphasis to complete auto care.
For effective market penetration, Precision Tune Auto Care entered into area development agreements beginning in 1979 in Orlando, FL, which grant area developers the right and obligation to develop franchises on Precision Tune Auto Care's behalf within specific geographic regions for stated periods of time. Franchise agreements within the area are between PACI, Precision Auto Care, Inc. and the franchisee.
Precision Tune Auto Care is franchising in 1978, Franchisor has 32 employees, 3 employees in franchise department. Precision Tune Auto Care technicians become your auto care experts by obtaining ASE, the Automotive Service Excellence certification, as well as hands-on proficiency training provided by their very own Precision University, with both management and technical training. In addition, many technicians take manufacturer specific classes and pick up skills on the job, working on many different makes and models of vehicles everyday.
Total investment for this franchise is 123000 to 200000 dollars, franchise fee is 25000 dollars, and ongoing royalty fee is 6 to 7.5 percent. Term of agreement is of 10 years, and renewable fee is 0 dollars. They ranked 153 according to Entrepreneur magazine from 2002 to 2006 in franchise 500 in 2006.
Precision Tune Auto Care centers have provided motorists with a variety of car maintenance and light repair services. The chain’s locations throughout North America, South America and Asia perform maintenance and service on brakes, air conditioners, cooling systems and more. The company is traded on the NASDAQ, National Association of Securities Dealers Automated Quotations exchange under the PACI symbol.
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