Alset Auto

Item 7 lays out the initial investment from $102,744 to $178,994, including a $45,000 franchise fee that buys branding, training, and exclusive products for ceramic coatings, tinting, and vinyl wraps in a protected spot. Ongoing fees stack up: 8% royalty on gross sales, 1.5% brand fund, plus $5,000 monthly local marketing mandate and $75-$190 weekly tech fees—potentially eating 10%+ of revenue right off the bat. No Item 19 means no disclosed average unit volumes or earnings, forcing buyers to dig into the one SBA loan averaging $350,000 or chat with the 10 franchisees for real profitability insights.

System stats paint a mixed picture: franchising since 2020 from Portland, OR, with 10 franchise and 2 corporate units as of 2024, down 14% from 14 locations in 2023—yet they project 10 new units. That contraction raises flags on retention in a specialized Tesla-focused niche, especially with hefty local ad spends required. For hands-on operators eyeing $100K+ entry in automotive services, the low corporate footprint and growth ambitions could mean upside if EV hype sustains, but the fee load and missing financials demand extra scrutiny on break-even timelines.