FAQS

FIND MOST OF YOUR ANSWERS HERE!

Welcome to our Frequently Asked Questions (FAQ) page. Here you’ll find common questions we get asked about when joining The Wheel Magician team. If you have a questions that is not listed below please contact us and we would be happy to help you.

Franchisee Selection

Yes, if both are going to be franchisees.

No formal qualifications are required as we provide full training. The desire to learn new skills is more important to us than certificates.

Having a passion for running your own business and pride in the quality of your workmanship will see you well on your way. In addition franchisees must enjoy working on their own whilst maintaining excellent customer relationships. Computer and financial literacy are also important together with a ‘hands on’ and a ‘can do’ attitude.

Training

A two-week in depth training program covering all aspects of the wheel repair processes, ongoing support & training after the two weeks, including guidance on how to manage, grow and sustain your business.

Finance & Royalties

The initial franchise fee is from:

$69,750 + GST

Unsecure Finance is Available.

You will need a white Toyota Hiace van (2006 onwards)  – we will convert the interior into a mobile workshop.

  • Initial training
  • Equipment pack
  • Uniform
  • Van signwriting, tinting of windows and fit-out
  • Marketing and stationary pack
  • Franchisor’s standard legal costs for preparing and administering the Franchise Agreement
  • Promotional week
  • Guaranteed income for the first two months

Royalties are collected monthly, based on a percentage of your monthly income.

We have a comprehensive insurance package designed for our type of business and work vehicles.  You purchase this through our insurance broker.

Earning Potential

Yes – as your business grows you can employ people to service the demand.

No – the harder you work, the more you earn.

We provide a guaranteed income for the first two months to make the transition to self-employment easier.

A sole operator’s income should exceed $2,500 per week, but there’s room to make much more.

Administration

Yes. We want you to be part of our long term success.

The initial franchise term is five years and is renewable every five years thereafter.

We use a leading franchise software programme to help you monitor and control your business which integrates with our accounting software to make everything as easy as possible.

Support

Yes – this is a great opportunity for franchisees and the management team to get together. Our conferences are geared towards sharing information and ideas in a highly motivational environment.

We encourage you to continue professional development. We can recommend a large number of on-line and field based training courses.

Just ask – the support of all our team are always on hand to assist.

The franchisors are available to offer advice and guidance. There is also our network of franchisees who collectively have a vast amount of experience to tap-into.

Yes – we take our involvement in the New Zealand franchise business seriously and are actively involved with the Association.

Products & Services

Yes, we are always looking at new ways to improve franchisee revenue streams through the addition of new services.

To ensure the highest quality products are used at all times, consumables are purchased through us.

Marketing & Competition

We are continually striving to ensure The Wheel Magician becomes a household name. As our network of franchisees grows, so does our brand awareness. We promote our business through a wide variety of media and through the NZ Franchise Association.

We have a proven franchise system that enables franchisees to take their business to any level they desire. We have access to support material and professional advice within The Wheel Magician and externally through the NZ Franchise Association.

Our service is mobile, low cost and extremely convenient for the customer. In addition, the quality of our repairs is also extremely high. None of our competitors can match our high standard of repair and keen pricing.

One of the main advantages of The Wheel Magician franchise is the lack of comparative competition in the market place. There are only a handful of mobile wheel repairers currently active in New Zealand and none who repair wheels in the same way we do. Panel and paint shops repair and repaint wheels for much higher prices and at a considerable inconvenience to the customer.

For the most up to date information click here