Alset Auto

Alset Auto

Alset Auto Development LLC franchises automotive service businesses specializing in paint protection, ceramic coating, window tinting, vinyl wrap, and related services primarily for Tesla vehicles. Franchisees operate under the Alset Auto brand from a single location in a protected territory, using proprietary products, operating procedures, and standards. The target market consists of luxury car owners, particularly Tesla vehicle owners seeking high-end protection and customization services.

10
Locations
$103K–$179K
Investment
Since 2020
Franchising
ServicesPortland, ORwww.alsetauto.comDisclaimer

Franchise Costs


Franchise Fee
$45,000
Item 5 of FDD
Initial Investment Range
$102,744 $178,994
Low: $102,744High: $178,994
Item 7 of FDD
Royalty Rate
8.00%
of gross sales
Brand Fund
1.50%
Item 6 of FDD
Fixed Monthly Fees
$5,300 – $5,760
Item 6 of FDD

8% royalty + 1.5% brand fund + $5,000/mo local marketing + $75-$190 weekly technology fee

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How Alset Auto Compares


Key Insights

  • Lower investment than 75% of Automotive Services franchises
FranchiseInvestmentFeeRoyaltyLocations
Alset Auto
Current
$103K – $179K$45K8.0%10
Tire Pros$12K – $137K$7KN/A644
MICHELIN RETREAD TECHNOLOGIES (MICHELIN COMMERCIAL SERVICE NETWORK)$189K – $4.3M$3KN/A340
CHRISTIAN BROTHERS AUTOMOTIVE$550K – $680K$135K50.0%302
CHRISTIAN BROTHERS AUTOMOTIVE$530K – $645K$135K50.0%265
TOMMY'S EXPRESS$5.0M – $8.5M$50K4.0%206
Automotive Services Average
24 franchises
$442K – $985K$47K12.8%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 24 Automotive Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1CA
3
2TX
2
3FL
2
4OR
1
5WA
1
6GA
1
7NV
1
8VA
1
9AZ
0
10MA
0

SBA Loan History


Historical SBA 7(a) loan data for Alset Auto franchisees (20232023)

Total Loans
1
Average Loan
$350,000
Total Volume
$0.3M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
6
Transfers
0
Sold to Franchisees
0
Projected New
10

Frequently Asked Questions


The total initial investment to open a Alset Auto franchise ranges from $102,744 to $178,994. This includes a franchise fee of $45,000. Ongoing royalty fees are 8.0% of gross sales.

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