Kwik Kar
Kwik Kar franchises operate quick-service automotive centers that provide oil changes, preventive maintenance services such as fluid checks and fills, brake services, and other approved automotive repairs for cars and trucks to the general public, without requiring appointments. The centers follow a proprietary system with freestanding drive-through bays, targeting urban, suburban, and high-traffic locations. The business model centers on franchising these centers, including single-unit, multi-unit development, and conversion opportunities for existing similar businesses.
Franchise Costs
6% royalty + 0.5% ad fund + $193-$346/mo POS maintenance fee
Financial Performance
Item 19 Financial Performance
Data Based On: 24 affiliated-owned Centers that operated for the entire calendar year 2024
* Average Gross Revenue (Average Net Sales) was calculated by taking the simple average of the 'Average Net Sales' from the Top, Third, Second, and Bottom Quartiles in Chart II (page 3), as each quartile contains an equal number of centers (6 centers each, total 24 centers). Similarly, Average EBITDAR was calculated by taking the simple average of the 'EBITDAR' from the same four quartiles. EBITDAR margin percentage was derived by dividing the calculated Average EBITDAR by the Average Gross Revenue. Revenue Top Quartile is the 'Average Net Sales' for the Top Quartile. Revenue Bottom Quartile is the 'Average Net Sales' for the Bottom Quartile. Best Guess Profit Low and High were estimated using the 'Median Performer' EBITDAR from the Bottom Quartile ($82,500) and Top Quartile ($680,000) respectively, as presented in Chart II.
Extracted Item 19 Section
How Kwik Kar Compares
Key Insights
- Lower than average SBA loan default rate in Automotive Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Kwik Kar Current | $291K – $917K | $40K | 6.0% | 0 |
| 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.
SBA Loan History
Historical SBA 7(a) loan data for Kwik Kar franchisees (2010 – 2017)
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 Kwik Kar franchise ranges from $291,320 to $917,050. This includes a franchise fee of $39,900. Ongoing royalty fees are 6.0% of gross sales.
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