PRECISION TUNE FRANCHISE AGREEMENT
Precision Tune Auto Care franchises operate full-service garages offering a range of automotive products and services, including engine maintenance, lubrication, oil changes, and brake services. The business model centers on franchisees investing in and managing these centers under the Precision Tune brand, with initial investments ranging from $181,601 to $478,100. It targets the general public needing routine automotive maintenance and repairs.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 198 franchised centers surveyed for 52 weeks ended December 29, 2024, stratified by sales ranking.
* Average gross revenue was explicitly stated as $832,329 on Page 3 and confirmed by calculating a weighted average of the four sales quartiles presented on Page 3: (50 units * $1,376,060 + 50 units * $836,938 + 50 units * $631,285 + 48 units * $470,560) / 198 units = $832,328.43. Median gross revenue, revenue top quartile (Quartile 1 average), and revenue bottom quartile (Quartile 4 average) are all explicitly stated on Page 3.
Extracted Item 19 Section
How PRECISION TUNE FRANCHISE AGREEMENT Compares to Other Automotive Repair & Maintenance Franchises
Key Insights
- Top 10 largest franchise system in Automotive Repair & Maintenance
- Lower than average SBA loan default rate in Automotive Repair & Maintenance
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
PRECISION TUNE FRANCHISE AGREEMENT Current | $182K - $478K | $25K | N/A | 209 |
| JIFFY LUBE | $232K - $520K | $35K | N/A | 1,721 |
| Tire Pros | $111K - $266K | $7K | N/A | 605 |
| BIG O TIRES (BUSINESS FORMAT FRANCHISE) | $326K - $1.3M | $18K | 5.0% | 461 |
| Fix Auto | $55K - $850K | $10K | 3.0% | 212 |
| GREASE MONKEY | $291K - $917K | $40K | 6.0% | 209 |
Automotive Repair & Maintenance Average 14 franchises | $167K - $747K | $33K | 7.4% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 14 Automotive Repair & Maintenance franchises by location count.
SBA Loan History
Historical SBA 7(a) loan data for PRECISION TUNE FRANCHISE AGREEMENT franchisees (2010 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a PRECISION TUNE FRANCHISE AGREEMENT franchise?
The total initial investment to open a PRECISION TUNE FRANCHISE AGREEMENT franchise ranges from $181,601 to $478,100. This includes a franchise fee of $25,000.
How much revenue does a PRECISION TUNE FRANCHISE AGREEMENT franchise make?
According to the 2024 FDD, the average gross revenue for a PRECISION TUNE FRANCHISE AGREEMENT franchise is $832,329. The median revenue is $716,842.
How many PRECISION TUNE FRANCHISE AGREEMENT franchise locations are there?
As of the 2024 FDD, PRECISION TUNE FRANCHISE AGREEMENT has 209 franchise locations.
Can you get an SBA loan for a PRECISION TUNE FRANCHISE AGREEMENT franchise?
Yes, SBA loans are available for PRECISION TUNE FRANCHISE AGREEMENT franchises. Historical data shows 31 SBA 7(a) loans have been approved for PRECISION TUNE FRANCHISE AGREEMENT franchisees, with an average loan amount of $578,055. The historical default rate is 12.9%.
Is PRECISION TUNE FRANCHISE AGREEMENT a good franchise to buy?
PRECISION TUNE FRANCHISE AGREEMENT shows several positive indicators: established brand with 209+ locations, transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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