FRANCHISE OF THE WEEK

Mr. Transmission

Fast Facts

Background

• HQ: Orland Park, IL
• Founded in 1956, franchising since 1976
• Mr. Transmission is a franchise that specializes in auto repair and maintenance.
  

Location Trends

Franchise Fees

• Royalty: 7%
• Brand Fund: 1% – 3%
• Franchise Fee: $40,000

Financial Overview

• The below table discloses information on 76 franchised units that were open and in operation from January 1, 2022 to December 31, 2022.

The Wolf’s Take 🍟

With over 60 years in the game, Mr. Transmission isn’t just fixing transmissions, it’s building reputations. 

The financials are solid: a $40K franchise fee and a 7% royalty put it in line with industry standards, and with 76 units reporting in 2022, there’s proven stability.  

If you know what it’s like to not know who you can trust with your car repairs, a business like this goes a long way. If you’re anything like me, once you find a good mechanic, you tend to keep them for as long as you possibly can.

No auto experience? No problem. Their model is built for driven owners, not just gearheads. As long as cars are on the road (and let’s face it, they will be), transmission specialists will be in demand.  

So if you want a business that blends steady demand with a respected brand, Mr. Transmission could be a smooth ride. 

Just don’t expect flashy—this franchise is all about reliability, not revved-up hype.

Resources

• Mr. Transmission Franchise Website
• Mr. Transmission’s Steve Sargent Named 2024 Franchisee of the Year

SMB TWEET OF THE WEEK

Create a Deadline – Codie Sanchez

Codie Sanchez is 100% right. Without a deadline, there is an illusion of unlimited time that we tend to create in our minds.

Time is a lot more valuable once we get reminded of how finite it is, right?