Franchise FAQ

how much to start a gearwrench franchise

by Kaden Zieme IV Published 2 years ago Updated 1 year ago
image

Initial franchise fee: $60,000. Initial investment: $214,287 to $457,337. Net worth requirement: $500,000.

Full Answer

Who makes GearWrench?

Apex Tool GroupAbout GearWrench: GearWrench is a premier hand tool brand from Apex Tool Group, one of the largest hand tool manufacturers in the world.

How do I contact GearWrench?

For immediate assistance, please call Customer Service at 1-866-907-9716 Monday-Friday between 8:00 AM and 4:30 PM EST or FAX 1-800-546-7312.

Does GearWrench have a student program?

Introducing the new Technical Education Program by GearWrench. This program of carefully designed sets provides the Student Technician with the tools necessary to conquer the service and repair challenges in today's Automotive, Heavy Duty/Diesel, Machinery, and Aviation elds.

Is GEARWRENCH a good brand?

Gearwrench is among the best tools brand you can get in the market. The tools have become professionals' favorite because of their great performance, high quality, and budget-friendly price. Most of their tools are highly durable and exceptionally strong since they are constructed with chrome alloy steel.

Where is GEARWRENCH made?

From “C.S.”: “I recently purchased two 10 piece GearWrench Ratcheting Combination Wrench sets from Sears and the packaging indicates that they were made in China.

Does Husky tools offer student discount?

Despite not offering a student discount, there are many ways to save at Husky Liners. We have compiled all the ways you can find a discount at Husky Liners below.

Does DeWALT have a student discount?

Despite not offering a student discount, there are many ways to save at DeWALT. We have compiled all the ways you can find a discount at DeWALT below.

Does Tekton offer a student discount?

Get the Discount Students in skilled trade programs at qualified vocational and technical schools receive 15% off all orders. Apply Now You may be prompted to log in or sign up first.

Is GEARWRENCH still in business?

In 2006, GEARWRENCH® introduced the broadest line expansion in its history with the addition of ratchets, sockets, screwdrivers, pliers and torque wrenches. Since then, GEARWRENCH® has continued to expand its listing with bit sockets, impact sockets and pry bars, to become a full line mechanics hand tool supplier.

Does snap on carry GEARWRENCH?

16 pc GearWrench® Metric Combination Ratcheting Wrench Set | KDT9416 | Snap-on Store.

Where are icon tools made?

Icon tools are made in Taiwan in China. Most people have an impression that tools from china are low quality but this is not the case. The tools are made with precision craftsmanship for professionals and their storage is built to last. They are designed for precision, durability, and performance.

Who makes Matco ratchets?

Matco is a subsidiary of Vontier Corporation, a $3B S&P 500® global industrial technology company (NYSE: VNT) focused on smarter transportation and mobility.

What is the culture of a franchise company?

When the founder of a franchise company actually runs a store for years, the result is a different kind of company culture: one that is completely focused on store-level profitability and franchisee success; a culture that offers a balanced lifestyle.

How long is Jersey Mike's training?

Our training program requires three times the hands-on experience than many franchise systems. Our training program requires 8-10 weeks of classroom training and in-store experience immediately sets the bar high for operational excellence. Ongoing Back to Basics training, Train the Trainer programs and others crew excellence initiatives help keep the bar high. Our philosophy is simple: more thorough and robust training program, which concentrates on the entire business operation not just product production, makes our stores better prepared to manage their business. Well trained owners and managers operate better stores and help us protect the Jersey Mike’s brand.

How much does it cost to start a franchise?

The cost to start a franchise business can range drastically from a few hundred bucks to set up a website to millions to pay franchise fees and build a store . Usually, franchisors will list the average cost on their website.

How much money do I need to start a franchise business?

Some only cost a few hundred dollars, while starting a McDonald’s franchise costs between $1 and $2 million.

How much do franchise owners make per year?

It varies by business. The average is usually between $50,000 and $70,000 per year.

How do you start a franchise business?

1) Identify a business you want to work with. 2) Research current owners and the competition. 3) Determine market interest. 4) Research startup costs 5) Create a business plan. 6) Form an LLC or corporation. 7) Choose a location. 8) Create a marketing plan.

What is the most profitable franchise?

According to Entrepreneur, the most profitable franchises are Taco Bell, Dunkin’, and The UPS Store.

Why is franchise business so popular?

A franchise business is a popular business model because it offers owners the best of both worlds: the support of a large brand and the benefits of owning a business.

What happens when you buy into a franchise?

Franchise businesses often have a lower failure rate. When you buy into a franchise, you join a proven business model that works. You also have additional support and business resources that can make a difference in your success.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9