
Summary of Operation:
etyres is an established 20 year old business that commenced franchising in 1996 and became the UK’s first online tyre retailer in 1999. Franchise owners operate in large, exclusive territories. Earlier this year etyres won the prestigious British Franchise Association’s Franchisor of the Year Bronze Award.
Ideal Franchise Owner:
Practical, possess good communication skills, are hard working and extremely customer service focused
Training Provided:
One week at head office for accounts, sales and marketing. One week operational skills at training outlet. Further training/mentoring within own territory.
Training Location:
Cambridge & Milton Keynes.
Support Services:
Comprehensive support from National Accounts team.
Year Established: 1992
Year of First Franchise: 1996
Number of Company Outlets:
Number of Franchised Outlets: 90
Franchises Planned: 120
Areas of Priority Development: Key areas are still available.
Overseas Opportunities Exist: None
Overseas Opportunities Planned: Yes, initialy in Europe.
Total Cost of Franchise: £35,000 + VAT
Initial Investment: £30000
Management Service Fees Payable: MSF 5%, National Marketing Levy 1% of turnover.
Breakdown of Package: Franchise License & Training. Computer equipment, corporate dress, initial Stock, vehicle deposit, launch programme.
Financial Assistance Available: All major banks.
BFA Member: Full
IFA Member: No
| Projected Turnover | Projected Profit |
|
|---|---|---|
| Year 1 | £200,000 | £28,000 |
| Year 2 | £350,000 | £40,000 |
| Year 3 | £600,000 | £60,000 |
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