Alset
Franchise research report · reviewed 2025 disclosure data
Researching Alset franchise opportunities? Every figure below is cited to the FDD.
ALSET Auto franchises operate automotive paint-protection businesses, including paint protection, ceramic coating, and window-tinting services for Tesla vehicles. The FDD describes a specialized automotive service operation focused on those vehicle protection services.
Headline figures
Alset quick facts
- Is Alset a franchise?
- Yes. Alset offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 10 franchised and 2 company-owned outlets (2025 FDD, Item 20, PDF p. 36).
- How much does it cost to open an Alset franchise?
- The Alset Franchise Disclosure Document reports separate estimated initial investments by format: $102,744 for total estimated investment low (2025 FDD, Item 7, PDF p. 15); $178,994 for total estimated investment high (2025 FDD, Item 7, PDF p. 15). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the Alset initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $45,000 (2025 FDD, Item 5, PDF p. 7). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does Alset charge?
- The disclosed ongoing royalty is 8% (2025 FDD, Item 6, PDF p. 9). The brand or advertising fund contribution is 1.5% (2025 FDD, Item 6, PDF p. 9). Other recurring fees are listed in Item 6. Details
- How many Alset locations are there?
- The FDD reports 12 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 36). Existing locations do not indicate territory availability. Details
- Is Alset a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: no reviewed Item 19 figures are on file here, so check the FDD's Item 19 directly; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2025 FDD (Item 7) estimates opening costs separately by format: $102,744 (Total Estimated Investment low); $178,994 (Total Estimated Investment high); several initial fee options apply.
- 2Item 19 has not been reviewed yet.
- 3Outlets declined by 2 in 2024, to 12 (Systemwide, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
Alset head-to-head
Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 2 single-unit formats
2025 FDD · Item 7
Formats disclosed in Item 7 (2)
Each format has its own total. The total depends on the format you choose.
- Total Estimated Investment lowPDF p. 15$102,744
- Total Estimated Investment highPDF p. 15$178,994
Standard single-unit franchise fee
2025 FDD · Item 5 · PDF p. 7
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Continuing Royalty FeeMain ongoing fee
26 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
No financial performance representation in Item 19
The reviewed 2025 FDD for Alset has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.
Outlet Changes — Item 20
How has the outlet count changed?
Systemwide, as labeled in the FDD · counts as of Year 2024 of each year.
2025 FDD · Item 20 · PDF p. 36
Net +8 outlets, 2022–2024
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2025 Item 7 estimate ($102,744 – $178,994) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Does the current FDD include an Item 19 financial performance representation?
Reported units decreased from 14 to 12 in 2024. What drove the change?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2025 FDD)
- [1]Standard initial franchise fee — Item 5 · PDF p. 7
- [2]Outlet counts — Item 20, Table 1 · PDF p. 36
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2024 | net cash flows from operating activities, fy2024 | $311,732 |
| 2024 | cash and cash equivalents ending, fy2024 | $18,962 |
| 2024 | cash and cash equivalents, september 30 2024 | $18,962 |
| 2024 | total assets, september 30 2024 | $43,253 |
| 2024 | total liabilities, september 30 2024 | $164,780 |
| 2024 | partner's equity, september 30 2024 | -$121,527 |
| 2024 | sales, year ended september 30 2024 | $1,145,878 |
| 2024 | gross profit, year ended september 30 2024 | $1,036,253 |
| 2024 | operating income | $275,633 |
| 2024 | net income, year ended september 30 2024 | $275,633 |
| 2024 | closing total equity, september 30 2024 | -$121,527 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
Loading…
Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.
Head-to-head comparisons
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 12 · PDF p. 26 · 2025 FDD
Our summary: Territory definition: one limited protected territory, defined by contiguous zip codes, sized to have a minimum of 200,000 people based on third-party mapping service analysis.
“Your Territory is located in all or a portion of a listed town, city, or county, and is identified by a group of contiguous zip codes. The Territory is determined on an individual basis taking into account demographics and numbers of Tesla ® owners, sales and service centers. Your Territory will have a minimum of 200,000 people, based on market analysis by a third - party mapping service.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.