New financial info pack demonstrates the numbers behind a TWS franchise

There aren’t many certainties in life, but when it comes to running a business, franchising offers the next best thing: evidence of what’s been earned and spent by the franchisees that have come before you.

We’re taking that to the next level with a new Costings & Earnings Report which explicitly demonstrates the numbers behind the franchise, based on what’s being achieved right now by existing branches.

An independent report compiled by an accountancy firm, and based solely on the actual investment and returns made by existing franchisees, it offers in-depth insight into what to expect financially through your first three years as a franchisee with The Wheel Specialist.

It breaks down the costs of all materials required to run the business from start-up through growth, as well as providing average returns by analysing the perform of existing branches. The data goes into considerable detail, including the average numbers of wheels serviced, average price per job and average prices for the different services offered.

It also illustrates the variables to consider in the running costs of the business, from how you structure your own income to pension contributions.

Why are we offering this pack to prospective franchisees?

It’s part of our transparent process of becoming a TWS franchisee. When we say The Wheel Specialist is like a family of business owners, we mean it, and that means absolute honesty and openness from us are the standard you can expect while you’re making the decision whether this is right for your future or not.

We know how important the financials behind the business are when you’re looking for a better future for yourself and your family. It’s taken time and expense for us to put this Report together, but the outcome is a better-informed prospective franchisee. That’s good news for everybody.

How can I get the Report?

Because it contains business-sensitive data, we require all potential franchisees to sign an NDA before they are sent the information. The first step is to book a call with George, our franchise recruitment manager, who will also take you through the headline numbers on an initial conversation.

After that, if both you and we think we could be a good match for each other, you’ll be invited to attend a Virtual Discovery Day where we’ll go through more detail on the business model. You’ll be given the Report to review at your own pace, ensuring you’re making a well-informed decision on whether a TWS franchise will help you achieve your business ambitions.

Get in touch with George here to see if our franchise adds up for you – our next Virtual Discovery Day is on Tuesday 11 May 2021.