Frequently Asked Questions
Want to know more? Following are the questions most frequently asked by people who are interested in opening a Cooper Automotive franchise.
Q What experience do I need to operate a Cooper Automotive franchise?
A - Although being a qualified motor mechanic is an advantage it's not essential, but you do need to have a good level of mechanical knowledge so you can confidently explain to a customer the repairs that have been carried out on their car and why.
Q Does Cooper Automotive require franchisees to be actively involved in operating the business?
A. Cooper Automotive considers one of the key success drivers of the business to be the level of input a franchisee has in the day-to-day operations of the business. It is essential that a franchisee becomes personally involved in all aspects of the business. The demands on a franchisee can be reduced by a franchisee's ability to attract, motivate and retain highly capable employees.
Q What type of training does a franchisee receive?
A - All franchisees must complete a comprehensive training program covering all aspects of operating a Cooper Automotive franchise. Initial training is carried out at head office followed up by a large component of on the job training. The cost of the initial training is included in the purchase price of the franchise.
Q How much can I expect to earn from a Cooper Automotive franchise?
A - The profitability of a Cooper Automotive franchise varies depending on a number of factors, including sales, location, the amount of time you work, other operating costs and the ability of the franchisee to manage and control the business. It is important to recognise that you're starting a new business and there are always risks involved. The franchisor makes no guarantees or representations as to the level of profitability that can be expected from a Cooper Automotive franchise. We can however supply you with historical figures for an established branch or projections on a new branch based on historical evidence from recently opened branches.
Q Who is responsible for selecting the location and purchasing the equipment?
A - The franchisor will select the appropriate site for a Cooper Automotive franchise and negotiates a long-term lease. The franchisor also oversees the set up of each workshop.
Q What are the trading hours?
A - Cooper Automotive workshops are open Monday to Friday from 8.00am to 5.30pm and Saturdays from 9.00am to 3.00pm.
Q Does Cooper Automotive provide assistance in opening a new store?
A â€“ Assistance is provided for all new franchisees when opening and testing a new franchised workshop. We will continue to provide assistance and support until the franchisee is comfortable in running the business, for most franchisees this usually around four weeks after opening day.
Q How much does it cost to purchase a Cooper Automotive franchise?
A. A Cooper Automotive franchise will vary in price depending on whether it's a new or existing branch. As guide you will need access to around $35,000 and have a net worth of over $150,000 to secure your franchise.
Q. Who controls the lease & does Cooper Automotive make any money on the lease?
A. Leasing a commercial premises can be complicated, Cooper Automotive will negotiate the lease on your behalf and you will pay the rent directly into the landlords bank account. Cooper Automotive provides this service for free and doesn't pass on any charges to you, however you will incur some legal fees from your solicitor.
Q. Does Cooper Automotive provide any manuals on how to operate the business?
A. An operations manual forms part of the Cooper Automotive franchise system.
Q. What do I get for my money?
A. The purchase price for both a new & established branch is what is called a Turn Key Operation. This means that everything required for the business to operate for its intended purpose is supplied and included in the initial purchase price.
Q. Do you receive a territory or location?
A. Yes you receive an exclusive marketing territory to operate your business within.
Q I am interested in a Cooper Automotive franchise. What do I do next?
A Contact Mark Cooper to receive further information on 0438 448 778.