RETAIL & SERVICES
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 200 firm , the NAPA brand is recognized by 96 % of consumers and has helped thousands of individuals build wealth . With 6,000 stores , 58 distribution centers , and more than 470,000 parts , NAPA remains the leader in the automotive aftermarket .
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 .
FAST FRANCHISE FACTS
Franchising Since : 1925
Multi-Unit Franchising Operating Units : 21 %
Total Franchise Operating Units : 5,974
Company Operating Units : 1,117
Capital Investment : $ 90,000 - $ 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
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 .
Qualifications
NAPA has no net worth or prior experience requirements , but minimum liquid capital needed is typically $ 90,000 – $ 150,000 for a single store , depending on market size . Average total investment , without real estate , is $ 600,000 per store . Ideal locations are freestanding and average approximately 6,000 – 7,000 square feet . NAPA has no minimum or maximum unit development requirements .
CONTACT
Marie Thomas New Business Development ( 770 ) 859-2512 Marie _ Thomas @ genpt . com MyNAPA . com
62 MULTI-UNIT BUYER ’ S GUIDE 2016