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Gimex Properties Corp., Inc

AutomotiveTerritory: Non-exclusive territoryHQ: OH

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Key figures

Initial franchise fee$30,000
Total investment (Item 7)$227,700 – $938,500
Royalty (Item 6)2.5% of gross sales
Headquarters stateOH
Legal name (Item 1)Gimex Properties Corp., Inc
FDD issuance date2025-04-30
Franchised units (Item 20)101 (Item 20, p.47)
Brand websitehttps://www.tuffy.com

About Gimex Properties Corp., Inc

(“CXAC”), purchased the rights to the Car-X franchise system. CXAC offered and sold franchises for Car-X Stores until April 26, 2015 when CXAC sold the rights to the Car-X franchise system to Monro Muffler Brake, Inc. TERRITORY (Item 12): territory is NOT exclusive - the FDD states you will not receive an exclusive territory.

Due diligence dossier

Every figure below is as disclosed in this brand's own FDD, with its FDD citation. FranchiseKI adds no analysis and estimates nothing.

Unit history (Item 20)

YearFranchisedCompany-ownedTotal
202210360163
202310058158
202410128129

Source: Item 20, p.47 of the brand's FDD.

Risk & history facts

Closures in the last 3 years7 (Item 20, p.48-49 of the FDD)
Transfers in the last 3 years18 (Item 20, p.47-48 of the FDD)
Litigation matters disclosed (Item 3)0 (Item 3, p.13 of the FDD)
Bankruptcy (Item 4)No bankruptcy disclosed (Item 4) (Item 4, p.13 of the FDD)

Item 19 — franchisor-provided financial performance representations

These figures are the franchisor's own representations in Item 19 of its FDD. They are not verified earnings and are not a promise of what any unit will earn.

Average revenue$1,416,325 (Item 19, p.45 of the FDD)
Median revenue$1,343,137 (Item 19, p.45 of the FDD)
Revenue range$468,196 – $4,916,047 (Item 19, p.45 of the FDD)

Ownership & operations

Owner-operator requiredYes (Item 15, p.37 of the FDD)
Absentee ownership allowedNo (Item 15, p.37 of the FDD)

Territory description (Item 12): The franchise is limited to an approved site and is not an exclusive territory. A protected area, generally a three-mile radius excluding existing or in-development centers, bars other Tuffy-trademark locations but not marketing to customers in that area from outside locations. (Item 12, p.32-33 of the FDD)

Training: If the franchisee has experience in the auto service industry or in business generally, the new dealer training course may be as little as two- weeks (10 days). (Item 11, p.24 of the FDD)

Ongoing support:

Source: Item 11, p.26 of the brand's FDD.

Company facts

HeadquartersToledo, OH (Item 1, p.9 of the FDD)
Years in business9 (Item 1, p.10 of the FDD)
Years franchising9 (Item 1, p.10 of the FDD)
Parent companyMetis HoldCo, Inc. (Item 1, p.9 of the FDD)
Initial term15 years (Item 17, p.38 of the FDD)
Renewal term5 years (Item 17, p.38 of the FDD)
Advertising / brand fund fee5% of gross sales (Item 6, p.14 of the FDD)
Company-owned units28 (Item 20, p.47 of the FDD)
Projected new units8 (Item 20, p.50 of the FDD)

Questions to ask the franchisor

Generated from what this brand's FDD data does not disclose — ask Gimex Properties Corp., Inc directly:

Territory — what the FDD says (Item 12)

Non-exclusive territory — classified from Item 12, p.32 of the brand's FDD

Under this brand's Item 12 rule, you do not receive an exclusive territory. The franchisor may sell additional franchises in the same area. It may also operate company units there. Or it may sell through other channels. No area is reserved for you. No area is closed to you by another franchisee's exclusivity either. Placement is the franchisor's decision.

The FDD's own words (Item 12): “territory is NOT exclusive - the FDD states you will not receive an exclusive territory.”

Availability

Because this brand grants no exclusive territory, there are no territory-based exclusions: no area is reserved for an existing franchisee, and no area is reserved for you. Whether a new unit is placed anywhere is the franchisor's decision under Item 12.

Next steps with Gimex Properties Corp., Inc

Put Gimex Properties Corp., Inc on a shortlist. Compare it side by side with two other brands. Check it against your budget in the PerfectFit Quiz. Or talk it through with a vetted consultant. That conversation is free to buyers; call (385) 475-5319. Only the franchisor can confirm current terms. Only the franchisor can confirm territory availability.