Kwik Kar

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.

0
$291K–$917K
Investment
Since 2024
Franchising
AutomotiveGreenwood Village, COMidOcean Partners V, L.P.www.kwikkar.comDisclaimer

Franchise Costs


Franchise Fee
$39,900
Item 5 of FDD
Initial Investment Range
$291,320 $917,050
Low: $291,320High: $917,050
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
0.50%
Item 6 of FDD
Fixed Monthly Fees
$193 – $346
Item 6 of FDD

6% royalty + 0.5% ad fund + $193-$346/mo POS maintenance fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
EBITDA Margin
0%
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0
Average EBITDA
$0

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
FranchiseInvestmentFeeRoyaltyLocations
Kwik Kar
Current
$291K – $917K$40K6.0%0
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.

SBA Loan History


Historical SBA 7(a) loan data for Kwik Kar franchisees (20102017)

Total Loans
13
Average Loan
$1,201,300
Total Volume
$15.6M
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
0
Transfers
0
Sold to Franchisees
0
Projected New
3

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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