Multi-Unit Franchisee Magazine Special Edition | Page 71

RETAIL & SERVICES MULTI-UNIT Buyer’s Guide SITE LOCATION Assistance The NAPA team, along with a nationwide network of real estate brokers, will help identify new store locations and assist in lease negotiations. Preferred site locations are freestanding. OPPORTUNITY Description A proud history dating back to 1925, the #1 brand in the industry today, and since NAPA is not a franchise, there are no franchise fees or royalties. Backed by Genuine Parts Company, a Fortune 250 firm, the NAPA brand is recognized by 94% of consumers and has helped thousands of individuals build wealth. With 6,000 stores, 60 distribution centers, and more than 430,000 parts, NAPA remains the leader in the automotive aftermarket. Fast Business Opportunity Facts Ownership Opportunity Since: 1925 Multi-Unit Operator Units: 21% Total Operating Units: 5,974 Company Operating Units: 1,117 Capital Investment: $75,000 - $150,000 Franchise Fee (per unit): $0 Royalty Fee (per unit): 0% Advertising Fee (per unit): 0.8% Earnings Claims: Yes Build-Out Options: Freestanding or in-line Available Territories: U.S. – All 50 states Demographics NAPA AUTO PARTS stores target markets with at least 5,000 registered vehicles with a population of professional vehicle repair facilities, agricultural businesses, and/ or light industrial businesses. Other markets, such as heavy duty, tools and equipment, government, marine, and automotive paint, are also considered. NAPA has no net worth or prior experience requirements, but minimum liquid capital needed is typically $75,000–$15