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.
Franchise Costs
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
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Alset Auto Current | $103K – $179K | $45K | 8.0% | 10 |
| Tire Pros | $12K – $137K | $7K | N/A | 644 |
| MICHELIN RETREAD TECHNOLOGIES (MICHELIN COMMERCIAL SERVICE NETWORK) | $189K – $4.3M | $3K | N/A | 340 |
| CHRISTIAN BROTHERS AUTOMOTIVE | $550K – $680K | $135K | 50.0% | 302 |
| CHRISTIAN BROTHERS AUTOMOTIVE | $530K – $645K | $135K | 50.0% | 265 |
| TOMMY'S EXPRESS | $5.0M – $8.5M | $50K | 4.0% | 206 |
Automotive Services Average 24 franchises | $442K – $985K | $47K | 12.8% | – |
* 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
SBA Loan History
Historical SBA 7(a) loan data for Alset Auto franchisees (2023 – 2023)
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)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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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