RestorFX is analyzed based on our most recent FDD research!
RESTORFX is an automotive refinishing business offering wholesale and retail automotive restoration services.
RestorFX has an initial franchise fee of up to $38,500, with a overall upfront investment range from $128,900 to $273,900.
The upfront investment of any franchise opportunity includes many fees. Unlock this franchise opportunity to better understand the initial costs required to buy a RestorFX, such as territory fees, construction and costs, grand opening, marketing, and furniture and fixtures purchases.
Can you Afford an RestorFX Franchise. Complete our Affordability Calculator to find out!
As with any new investment opportunity, there needs to be a good ROI and profit potential. The specific franchise owner's income and the revenue from a RestorFX franchise depends on a variety of factors. One way to check on the potential revenues or profits generated from a RestorFX franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. This is called an earnings claim. This is an option for franchisors within their disclosure and approximately 68% of all franchisors that we have reviewed will disclose financial performance data within Item 19 of their FDD. Some franchisors may provide limited information such as average gross revenues. This type of information is not always helpful to assess profits for you directly. So review systemwide sales data with caution. As expected, usually earnings and owner's salary are proportionate to the overall size of the initial investment. The larger the initial investment, the larger return you should anticipate. Another factor to owner's salary potential is based on the number of locations you purchase. If you buy multiple units (usually referred to as Area Development Agreements), you can expect that as you launch each additional location, you will generate more revenue and profits overall. Demand for your products, the labor costs in your city, commercial lease rates and a number of other variables are important factors in determining your profit margin and your personal income. Your financial success are associated with the franchise system’s success. Your returns and owner's salary is not just dependent on how well your own location performs, you should review how well the entire franchise system is operating. Determine how the franchise company generates revenue and review their financial statements.
For more details and franchise specific on the revenue of a RestorFX franchise opportunity, unlock this franchise
As of the 2019 Franchise Disclosure Document, there are 1 franchised RestorFX locations throughout the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2019 FDD research, RestorFX has franchise locations in 1 states.
Based on our research this franchise is growing into new states and might be available in your city. While planning your franchise purchase, you should be thinking about where is a good location for my business. Anlayze the potential customer base to confirm that your city has a need or customers for this brand. Even the most successful franchised businesses have areas that they do not succeed in. The reasons why a specific franchised location can fail are plentiful. So, you should review not only the franchise opportunity itself, but anlayze locations where you believe the franchise has a greater chance to succeed.
One of our franchise experts will have detailed knowledge about this franchised business. Unlock to learn more and speak with our advisors.
Last Reviewed: 2019
Category: Other Automotive
Yes, they have an initial training program of 392 hours. This includes 96 hours of classroom training, 296 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
RestorFX offers territory protections. For an explanation of territory rights, unlock this franchise for important details.
Yes, RestorFX offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 2018. The average Other Automotive franchise began franchising in 2015.
No, but you can click here to fill out our affordability calculator and understand your financing options.