- 2024 Franchise 500 Rank
-
#399 Not ranked last year
- Initial investment
-
$248K - $849K
- Units as of 2023
-
503 14% over 3 years
Starting a Line-X Franchise
Line-X specializes in spray-on truck bed liners, protective coatings, automotive accessories, and installation. For a long time, the company researched and tweaked the chemical formula that produces a durable coating used on truck beds.
Line-X is a durable and versatile spray-on application that permanently bonds to your truck's bed, protecting it from everyday wear and tear. Consumers can also use this on boats, work trucks, and even motorcycles. Line-X branded accessories includes step bars, tonneau covers, truck toppers, sliding cargo decks, coolers, and more.
Line-X began franchising in 1999 and now has a major presence throughout the world.
Why You May Want to Start a Line-X Franchise
Line-X is headquartered in Charlotte, North Carolina. The company has served customers directly and through a network of more than 500 corporate-trained franchises in the United States and Canada. Over 425 of these franchises are located in the U.S.
Line-X is one of the top manufacturers of spray-on protective coatings in the country. It uses a specially formulated silicone substance that permanently clings to truck beds, protecting them from nature's corrosive effects. If you dream of owning a company, then joining Line-X as a franchisee may give you the chance to operate a franchise with the help of a trusted market leader.
What Might Make a Line-X Franchise a Good Choice?
As a franchisee, you might benefit from a well-known brand name, established business processes with national and local support, and national and regional advertising. Other benefits could include an initial multi-week training program, ongoing training for franchisees and employees, and flexible floor plans. The company strives to provide efficient, robust marketing, advertising, and a public relations program with a broad national scope to support all franchisees.
Your Line-X territory is not given or shared with another franchisee. Every franchisee operates in an exclusive territory based on population, size, annual sales of trucks, and other factors. Line-X uses its in-house software mapping solution to assign area locations.
Many times over the past decade, Line-X has been ranked in Entrepreneur’s Franchise 500 based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
How to Open a Line-X Franchise
If your net worth and available liquid capital match the brand’s requirements, you may qualify to open a Line-X franchise. You should also make sure that you are financially stable enough to cover an initial investment made up of a franchise fee and other startup costs. In addition, you should be prepared for ongoing fees, including advertising fees. You may want to check with an attorney or financial advisor before deciding to open a Line-X franchise.
Opening your own franchise business requires a few steps. First, submit a franchise inquiry form. You may also be given the company's Franchise Disclosure Document. This document may give you more information on the brand and the opportunity before you can meet with a franchise representative.
Be prepared to attend a Line-X discovery day at the corporate headquarters in Charlotte, North Carolina. This is a meeting that includes a conference with an executive. Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Speak to existing franchisees and ask questions. Then, if both parties agree, you may be ready to sign the agreement documents to become an official Line-X franchisee.
Company Overview
About Line-X
Industry | Automotive |
---|---|
Related Categories | Miscellaneous Automotive Products & Services, Automotive Appearance Services |
Founded | 1993 |
Parent Company | Innovative Xcessories and Services LLC (IXS) |
Leadership | Blair Boggs, President |
Corporate Address |
4001 Yancey Rd. Charlotte, NC 28217 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
Franchising Since | 1999 (25 years) |
---|---|
# of employees at HQ | 75 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada |
# of Units | 503 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Line-X franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$20,000 - $40,000 |
---|---|
Initial Investment
|
$247,806 - $849,402 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$150,000 |
Veteran Incentives
|
25% off franchise fee |
Ad Royalty Fee
|
$0.10/lb. |
Term of Agreement
|
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Line-X has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 68 hours |
---|---|
Classroom Training | 80 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 2 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Line-X landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Line-X ranked on other franchise lists? Find out below.
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