The Precision Tune Auto Care franchise has an alarmingly high SBA loan default rate of 31%
Are you familiar with the Precision Tune franchise opportunity? Please share a comment below.
That means that Precision Tune franchise owners, some of whom may have collateralized their franchise loan with their house or other personal assets, were unable to repay their loans 31% of the time.
In addition, Entrepreneur reports that the total number of Precision Tune franchises has declined from 277 in 2008 to 232 in 2011, a decline of 16%.
Are you familiar with the Precision Tune franchise opportunity?
What do you think accounts for the high SBA loan failure rates of Precision Tune franchise owners?
What steps should Precision Tune Auto Care be taking to stop further franchise failures?
Please share a comment, opinion or insight below.
ARE YOU A PRECISION TUNE FRANCHISE OWNER OR FORMER FRANCHISEE? ARE YOU FAMILIAR WITH THE PRECISION TUNE FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: Precision Tune, Precision Tune franchise, Precision Tune Auto Care, Precision Tune complaints, automotive franchise, franchise, franchise failure rate, auto franchise, worst franchise, franchise information, unhappy franchisee
Many JDog franchise owners are relieved the Truth is coming out & Veterans are being warned. …
JDog Junk Removal & Hauling &JDog Carpet Cleaning & Floor Care franchisees claim to be…
Veterans beware. You are the #1 prime target for scammers and exploiters. Fake News… Disinformation… …
Sean Kelly, Franchise Truth founder & publisher of UnhappyFranchisee.Com, is reinventing the traditional folk music…
Dubbed “Michigan’s Worst Cop” by one news outlet, “troubled” former cop Mark Aldrich appears to…
For a limited time only, you can read the FTC complaint against H&R Block for…