Last Updated on August 4, 2012 by DeanR
Transmission USA Franchise Information
Transmission USA is a franchise for a business providing transmission repair and services. It was founded in 1956 and started franchising in 1976.
They repair and maintain transmission systems and drive train components. They have several shops such as Dr. Nick’s Transmission, Mr. Transmission, and Multistate Transmissions. They offer nationwide warranty that is honoured in all their shops nationwide. They claim that they have the most comprehensive warranty in this industry. Their nationwide warranties are offered in 90 day, six month, 12 month or 12,000 mile, and additional warranty programs like three year or 36,000 mile. They also offer free towing service with major repairs. They now have 104 locations in the United States.
What services do they offer at Transmission USA shops?
They have Computer Diagnostics which is computer controlled technology that diagnose the vehicle’s performance. This is primarily used when you see the “Check Engine” lit up in your car. This is the technology used to determine what part of your car is malfunctioning. They have the Computer Diagnostics Service that can provide the most accurate diagnosis when connected to the car.
For Transmission Maintenance, they say that when you observe things like leaking transmission, losing power upon acceleration, shifting of gears is hard or late, there is grinding or chatter noise coming from the transmission, slipping transmission, the car is unable to move, and it is unable to go into gear, that means that you need to have your transmission maintained.
For Transmission Repair, they dismantle the transmission to check it for wear and damages. The parts that have already been worn may either be repaired or replaced. After repairing and replacing worn parts, the transmission is put back together then they adjust and test it to make sure that it is operating the way it should be. There may also be times when the transmission only needs to be adjusted and there would not be a need to dismantle the whole transmission. For Free Performance Check, they check the fluids, do a pan examination, conduct a road test, and a lift inspection.
Cost and requirements on running a Transmission USA franchise
You need to have a net worth of $300,000 and a total liquid asset of at least $60,000. Expect to be investing about $147,000 to $179,000. The cost of Transmission USA franchise fee is $30,000 with an on-going royalty fee of 7%. This is for a renewable 20 year term agreement. You will need about three to five employees to run one location. They allow absentee ownership.
What is included in the franchise package?
There will be two weeks training at the headquarters, three weeks at your location, and one week visiting an existing location. You will be receiving newsletters and a toll free phone number. You will be provided assistance at the grand opening. You will be given access to the internet and to purchasing cooperatives. Expect to be attending meetings and receiving occasional field evaluations. For marketing support, there will be ad slicks, co-op advertising, regional advertising, and national media.
Transmission USA Contact Details
You may reach them at:
Phone: (888) 227-8468