Mr. Transmission Milex Complete Auto Care offers transmission repair, maintenance services, and co-branded operations under two well-known service marks in the automotive repair and maintenance industry.
The total initial investment to begin operation of a Mr. Transmission or Milex Complete Auto Care franchise ranges from $267,500 to $341,000 [p.2]. For a Co-Branded franchise, the range is between $293,900 and $362,900 [p.2].
The initial franchise fee for a single Mr. Transmission Center or Milex Complete Auto Care Service Center is $45,000, while for a Co-Branded Center it is $55,000 [p.15, p.23]. This fee is nonrefundable and due in one lump sum at the time of signing the Franchise Agreement [p.15].
The ongoing royalty fee is based on gross sales and can be adjusted every five years but will not exceed 10% of gross sales at any time. Additionally, there is an advertising fund contribution that must be paid. These fees must be paid without penalty if received by the franchisor by Wednesday of each week, and failure to pay on time results in late payment charges increasing up to 10% of gross sales for past due amounts [p.107].
The initial term of the franchise agreement is not specified in these excerpts. However, the franchisor will notify the franchisee at least six months prior to the expiration date of the initial term whether the franchise shall be renewed on the terms and conditions described in their then-current Franchise Agreement [p.100]. This indicates that renewal is possible but depends on the franchisor's decision communicated well in advance of the agreement's end.
Yes, you can sell or transfer your franchise, but there are conditions. According to [p.20], a transfer fee of $7,500 must be paid at closing, which can be negotiated between the buyer and seller. Additionally, good cause is required for the franchisor to permit such transfers, as outlined in [p.7].
The franchisor can terminate the agreement on any grounds available by law [p.175]. Additionally, the franchisor may terminate the agreement if you fail to comply with any lawful provision of the franchise agreement and do not cure such failure after being given written notice and a reasonable opportunity to cure, which cannot exceed 30 days [p.7(c)].
This isn't specified in the excerpts. The FDD does not provide specific net worth or liquid capital requirements for franchisees to qualify. However, it does state that a transferee must demonstrate to the franchisor's satisfaction that they meet the franchisor's existing requirements and have adequate financial resources to develop the territory [p.154].
Yes, you receive exclusive rights to your territory based on market penetration and demographic analysis [p.46]. However, this exclusivity is conditional; if you fail to adhere to the development schedule or default on the Area Developer Agreement, your territory can be altered, potentially leading to a loss of exclusivity [p.46]. Additionally, the franchisor retains the right to use other channels of distribution within your territory without providing compensation [p.46].
The franchisor provides both online and classroom training. Online training must be completed at your chosen location with secure internet access, while classroom training is conducted at their support center in Orland Park, Illinois. Additionally, field training may be provided at an operating service center designated by the franchisor. Ongoing support includes guidance from franchise business coaches like Ms. Benjamin and operational oversight from Tim Rodifer, who oversees technical support and training across the franchise system. [p.41, p.101, p.14]
This isn't specified in the excerpts.
The franchisor, Moran Family of Brands, LLC, does not make any financial performance representations except for providing certain financial performance information relating to their Mr. Transmission Centers and Milex Centers' Repair Brand Centers for the period from January 1, 2025, to December 31, 2025, upon reasonable request [p.55]. Additionally, if you are purchasing an existing outlet, Moran Family of Brands, LLC may provide actual records of that outlet's performance [p.58]. This isn't specified in the excerpts for new franchisees regarding financial projections or earnings information.
You are not restricted from soliciting or selling products and services to customers residing outside your territory, but you may not directly market to or solicit customers in another franchisee's territory through channels such as the Internet, catalog sales, telemarketing, or other direct marketing methods. You must purchase all items used in the operation of a Service Center from the franchisor, its subsidiaries, divisions, affiliates, original equipment manufacturers (OEMs), or other vendors approved by the franchisor [p.110].