Looking for a business franchise offering expert installation of window tints, remote starts, alarms, or other accessories? Tint World might be the one for you. This company has been offering installation, repair, and maintenance services for more than 30 years and is available to franchise.
How much does it cost to open Tint World?
The initial investment for a Tint World franchise is $179,500 to $259,500 with franchise fees ranging from $39,950 – $49,950. The financial requirement to become a franchise operator starts with a minimum liquid capital of $100,000 and a net worth of $200,000. This is one of the lower cost franchise options out there, which is exciting since the average unique grosses more than $1 million in revenue per year.
To learn more about opening a Tint World, I dig into the expected revenue, advantages and challenges you can expect from running this franchise.
Financial Requirements and Fees
These are the financial requirements Tint World needs from their applicants as stated on their website:
|Fees / Expenses||Financial Amount|
|Total Investment||$179,500 to $259,500|
|Franchise Fee||$39,950 to $49,950|
In addition, you’ll need a credit score of at least 700 to become a franchise operator. This score helps demonstrate if you’ve been smart about utilizing and paying off credit in the past. Veterans could be eligible for 10% off from the franchise fee so make sure to mention if you’ve served.
Tint World also requires royalty fees of 6% and ad royalty fees of $400 or more per week. The term of agreement to franchise Tint World is 15 years.
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Average Sales / Revenue per Year
According to Tint World, each store’s average annual total revenue is $1,048,493 based on their Franchise Disclosure Document 2021 Item 19. But this number depends on how well franchise operators follow the franchise system that Tint World provides. The location of the store is another factor determining success.
As for how they’re doing globally, data from industry reports showing system-wide global sales have reached $49,252,997. It just goes to show you consumers are willing to spend money upgrading their cars and trucks.
Tint World Franchise Facts
|Incorporated Name||Tint World LLC|
|Subsector||Miscellaneous Automotive Products & Services|
Tint World was founded by Charles J. Bonfiglio in 1982 at Tamarac, Florida. Tint World started with window tinting and then gradually offered car stereo systems, automobile security, and wash & wax services. As the years went by, their services and product line expanded to include an Automotive Styling Center wherein Tint World would include car and truck accessories, video systems installation, and more.
More Tint World locations opened up in 1986 due to high demand from customers requesting their services. They opened up in Coral Spring, Pompano, Davie, Ft. Lauderdale, Boca Raton, and more. In 2007, the company made the concept available for franchising.
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Tint World’s services include offering automotive services such as:
- Auto Window Tinting
- Alarms and Remote Start
- Audio and Electronics
- Auto Accessories
- Auto Detailing
- Auto Lighting
- Auto Performance
- Auto Reconditioning
- Auto Repair
- Leather Interiors
- Nano Ceramic Coating
- Paint Protection Film
- Spray In Bedliner
- Truck Accessories
- Vehicle Graphics
- Wheels and Tires
Tint World also offers residential services like home window tints, ceramic protection, solar control window film, window security film, and storm security film. Commercial services are also offered such as anti-graffiti films and surface protection films. And they also have marine services such as offering protective permanent barrier films on customers’ boat’s interior, lighting, detailing, and graphics.
Aside from services, Tint World also sells products like car body parts, exterior and interior accessories, lighting, mobile electronics, performance enhancements, repair parts, and wheels and tires.
Tint World offers several packages when you decide to franchise with them. These are:
- Single Store Franchise
- Multi Store Franchise
- International Master Licenses
Single Store Franchises are for those who are starting out in the Tint World business. Multi Store Franchises are considered Enterprise Level and are for those who want to open several locations.
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International Master Licenses, on the other hand, is an investor opportunity that allows you license Tint World outside of the United States and other countries that have already been claimed like Canada, United Arab Emirates, and Saudi Arabia. With a Master Franchise License, you essentially become Tint World corporate in a specific country. You’ll get to collect royalties and franchise fees from each location opened in your country. If you’re looking for a larger investment that can be more passive this is something to look at.
To sign up for Tint World’s International Master Franchise, candidates must qualify for the following:
- Must own at least 1 flagship franchise location.
- Have the financial resources to put up five or more Tint World Centers.
- Passion and dedication to run the business.
- Understand the real estate development process for franchise businesses.
- Knows how to manage a business set up that can recruit, train, retain, and motivate people effectively.
Once you franchise with Tint World, they offer training programs, provide operations and marketing support will help with the real estate and lease negotiations and construction process.
Tint World’s number 1 priority is owner profitability which is why the reviews for franchising with them have been positive. Pedro Flores, the owner of Tint World in Midland, Texas, says that the company makes you feel like family. Stephen Klein, the owner of Tint World in New Orleans-Elmwood, Los Angeles, says that the business has the right leadership, products, and employees. Tim Kjaer, the owner of a unit in Medford, New York, calls Tint World an “excellent” franchise and that the business has everything a franchise operator needs to become successful.
Tint World has won numerous awards for being a great franchise too. Tint World is on Inc. 5000’s list. They were also featured in Entrepreneur Magazine, Franchise Business Review, Franchise Times Top 200+, and Franchise Gator’s Top 100 Franchises. Currently, Tint World is headquartered in Boca Raton, Florida.
How Much Does Tint World Make in Profit?
According to Tint World, their average annual profit EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is $342,458. They also claim to have a 78% gross profit margin. This is an incredible profit margin for a service business and makes the concept extremely appealing.
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Advantages of a Tint World Franchise
If you’re wondering what the advantages of franchising Tint World are, I’ve got you covered. Here’s what I think is great about this franchise.
One Stop Shop
Tint World has everything a customer needs when it comes to automotive services. Need a new tint for your car? They have them. Need something repaired? They’ll do it for you. If a customer needs to have audio electronics installed, Tint World is the go-to destination.
Customers won’t have to hop from one place to another to get all sorts of automotive problems fixed. The advantage of this franchise is that if you can get a customer in for one service, they’re likely to return in the future for another service.
Commercial and Residential Services
Tint World isn’t just limited to cars. As mentioned above, they also offer services such as window tinting commercial and residential spaces. It helps expand the customer’s needs so that they don’t have to look for another place to get things done for their homes or offices. They can just call Tint World as well.
This opens up a whole new opportunity to enter the growing home services space and gives you flexibility as a franchise owner to adapt to changing markets. If there’s a residential home building boom in your market, you can take advantage of these opportunities and adapt.
Global and Fast Expansion
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Tint World has its roots in the United States and Canada but they’ve expanded to countries outside America such as the United Arab Emirates and Saudi Arabia.
The company has reported that their goal is to reach 300 stores by 2025. Whether that’s only in the United States or outside of it, it’s clear that Tint World is all about reaching as many people as they can and to become the number one automotive center wherever they are in the world.
Positive Reviews from Franchisees
As mentioned above, franchisees seem to only have positive reviews for Tint World. They all claim that Tint World is like family. They provide a 3-week training program and continue to take care of their franchisees by sending them to conventions, workshops, specialized training sessions, and more.
They’ll also help you with your site selection, lease negotiations, and assist you with recruitment. So if you franchise with Tint World, you’ll know that the business you will be joining already has the right business model and mindset for you to run. If franchisees are happy, you can feel more confident you’re making a wise investment decision.
Challenges of a Tint World Franchise
Before you sign up to become a Tint World franchise operator, read through this list of challenges so you won’t be caught off guard.
A number of complaints have been made to Tint World by customers that weren’t happy about their services. One complained that the window tinting process was not perfect and even resulted in several damages to the windows. Another one said that Tint World was unprofessional and overcharged them. Another one complained that they were rude and changed her tires for two old ones.
Running this type of service business, you won’t make everyone happy all the time no matter how hard you try. Some customers will be extremely particular about how window tint is installed.
If you’re planning to become a franchise operator, you’ll want to hire the best staff with an emphasis on training. Get your service experts trained well and make sure you’ve got an experienced employee on-site at all times to conduct quality assurance.
Lacking Expansion in Other Countries
Tint World may be available outside of the United States but they’re only in 3 countries so far. It would be best if they branched out to more areas like Asia for example where they can reach more populated countries and more customers. This will help strengthen their global presence in the long run and further increase revenue.
Is the Tint World Franchise Right For You?
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In conclusion, if you have a passion for cars and trucks and would like to run a business, Tint World may be the franchise for you. It has all the services that customers are looking for and as a franchise operator, they treat you well and provide the A+ training and support.
What is an alternative Tint World franchise?
One tint and automotive service center you can franchise is Turbo Tint. Their services include auto tinting, paint protection, and architectural tinting. They’re mostly located in the United States.
To know what the requirements and fees are, you may request this information personally by visiting this link here. It costs $212,000 to $282,000 to start a Turbo Tint in your area.
And there you go! I hope this guide was able to help you and that you’re well on your way to becoming a proud franchise owner of an automotive service and accessory center.