Q & A
Here is a list of frequently asked questions.
Q: What qualifications, among others, are essential in order to be considered for a Mr. Fast Lube Franchise?
A: The following qualifications are essential before being considered for a Mr. Fast Lube Franchise.
Q: How much cash or liquid assets are initially required to acquire a franchise?
A: The initial cash investment is a minimum of $60,000 for a conventional purchase.
Q: Will Mr. Fast Lube finance the remaining balance of the cost of the franchise?
A: No, Mr. Fast Lube does not provide any financing. The remaining cost may be financed through a bank.
Q: What is the availability of sites in my area?
A: The availability of franchises in specific areas will be discussed during your initial interview. Therefore, the flexibility to relocate when considering a fast lube opportunity may be necessary.
Q: Will Mr. Fast Lube buy a piece of property that I own and then sell me the franchise for that location?
A: Our franchisee-selection process does not play a part in our site selection. In other words, we develop a location because we think it will be successful and without regard to whom the franchisee may be. Mr. Fast Lube does all the site evaluation and selects the location.
Q: How much money can I make?
A: Profitability varies depending upon a number of factors, including sales, location, occupancy, and operation costs, and the ability of the franchisee to manage and control the business. Questions related to profit and loss are discussed during the interview process.
MFL Corporate HeadQuarters
2508 B Alexander Drive
Jonesboro AR 72401
(870) 934-8108 phone / (870) 934-8119 fax
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