Ideal Automotive Services

Franchise agreement

Franchisee agrees to keep and maintain complete and accurate books and records of its transactions and business operations using the accounting procedures and chart of accounts specified by Franchisor.

Item 11

The POS System allows us to independently and remotely access all of your sales data, including your Gross Revenue, through the Internet.

Franchise agreement

Within ten (10) days after the close of each calendar month and within ninety (90) days after the close of each fiscal year, Franchisee will furnish Franchisor a full and complete written statement of income and expense and a profit and loss statement for the operation of the Franchised Business during said period…

Item 8

Warranty products that you may offer to your customers must currently be obtained through our reinsurance company affiliate, Panda (or from another affiliate which we may designate in the future).

Item 8

A complete list of our Approved Suppliers (which is subject to change from time to time) will be provided to you.

Item 8

During the fiscal year ended December 31, 2025, we did not receive any revenue, rebates, discounts or other material consideration from suppliers based on franchisees’ required purchases of products, supplies or equipment; however, we may do so in the future and any rebates, discounts or other material consideration…

Item 8

approximately 50% to 60% of your total purchases in the continuing operation of your Ideal Auto Services Location.

Item 8

If you request that we approve a proposed item or supplier, we may charge you an evaluation fee equal to our actual cost and expense of inspection and testing.

Item 8

If you would like us to consider another item or supplier, you must make such request in writing to us and have the supplier give us samples of its product or service and such other information that we may require.

Franchise agreement

Upon the expiration or termination of this Agreement, Franchisor may exercise its authority, pursuant to such documents, to obtain any and all of Franchisee’s rights to the telephone numbers of the Franchised Business and all related telephone directory listings and other business listings, and all internet listings…

Franchise agreement

Franchisee shall comply with Franchisor’s data privacy policies, as well as industry standards, Payment Card Industry Data Security Standard, and applicable law regarding the collection, storage, disclosure, processing, and use of customer data, including, if and when required, providing privacy notices

Item 11

conducts inspections of your Franchised Business, at the frequency and duration that we deem advisable.

Item 17

Modification of the agreement Sections 9.4, 14.6, No oral modifications generally, but we may 19.1.4 and 21.4 change the Operations Manual and System standards at any time.

Franchise agreement

No site may be used for the location of the Franchised Business unless it is consented to in writing by Franchisor.

Franchise agreement

Franchisee shall not establish any website or other listing on the internet except as provided and specifically permitted herein.

Item 11

We require you to spend at least $10,000 on opening advertising and promotional activities beginning at least 30 days prior to and within the first 60 days following the opening of your Franchised Business.

Item 11

Thereafter, you must spend the greater of(i) $3,000 per month, or (ii) 1% of your monthly Gross Revenue each month on advertising for the Franchised Business in your territory.

Item 11

The software system performs a variety of functions, performs a variety of functions, including inventory management, employee scheduling, online ordering, gift card and loyalty program management, payment processing, and sales report generation.

Franchise agreement

If a regional cooperative is established during the term of this Agreement, Franchisee agrees to sign all documents Franchisor requests to become a member of the cooperative according to the terms of the documents.

Item 8

You must purchase all equipment, supplies and services from our designated suppliers and contractors or in accordance with our specifications.

Item 8

You must purchase all equipment, supplies and services from our designated suppliers and contractors or in accordance with our specifications.

Item 6

You are required to set up authorization at your bank to allow us to electronically transfer funds from your bank account to our bank account.

Franchise agreement

Employ sufficient employees as prescribed by Franchisor to operate the Franchised Business at its maximum capacity and efficiency as required by Franchisor;

Item 11

You must purchase and use the point-of-sale system we specify, and have the latest versions of hardware, software and computer platforms

Item 11

The POS System allows us to independently and remotely access all of your sales data, including your Gross Revenue, through the Internet.

Item 11

We have the right to impose a reasonable fee for tuition and/or attendance for all additional training programs, including the annual business meeting or conference.

Franchise agreement

Franchisee’s failure to attend and/or complete mandatory additional training or failure to attend Franchisor’s national business meeting or annual convention is a default of this Agreement.