To: Dusty who wrote (29 ) 11/24/1997 3:58:00 AM From: Thu Ra Tin Read Replies (1) | Respond to of 264
Posted by Dan Masters MISM CEO on November 23, 1997 at 18:09:08: In Reply to: MISM - Visit to Wheel to Wheel and Corporate H.Q. ......... posted by Scavenger on November 23, 1997 at 17:10:44: Scavenger, I am sorry you did not have the time to actually have work on your vehicle done. 1pm on a Saturday is late in the day for a Ontario based shop to accept new repairs. Our part suppliers for the most part close at 2pm. Also it is a busy day with scheduled appts and they are guaranteed service. If you had gone east on Speers you would of found a Speedy, Midas, and Canadian Tire all within one to two blocks away. As well as numerous other competitors. We do not do body work. Why not come back with a appt for a tour? To answer some of your questions: our franchise fee is $25,000 we also charge a 6% royalty on franchisee sales. The franchisees will purchase some supplies from us. The locations will typically be rented and Speers Rd is a corporate (will be our new franchisee training site for Canada) store. Did you see the training classroom we have in the store on your visit? Question #6, includes, childrens play area, full service including tranny and engine, menu board pricing, pick up and drop off service, Wheel to Wheel credit card, fully computerized in the front and back, there are other things we do to bring customers in that only employees and franchisees learn. On our Traders office. Unit 39 & 40 are the same unit. If you had looked in the front door window you would of noticed it is one unit. MFC is a company I own that owns the building and has invested in MIS. I rent the premises fully equipped (computers, copier, furniture, phones etc) to MIS at cost. On your general questions. Most of the questions have been dealt with in other posts. The others I cannot answer in this forum. I hope you decide to joion us and attend our AGM early next year. On a personal note to all of you: I agreed to answer your questions in this forum because MIS is new to most of you and I want you all informed. I hope you can all understand and appreciate that if I get too involved in answering questions I may end up doing two things I said I would not do. One, sound like a salesman. Two, give information that should not be disclosed. I believe some of the general questions by Scavenger would have me do both. In the past when investing in other companies my own DD has been frustrated by a lack of info from the company. I understand your need for comfort before you invest and I hope I have been helpful to all of you. I feel that I have given as much info over the last week here for you to begin your decision on MIS. We are always available via telephone and I will check in here regularly as requests come in. I am sorry but my schedule will not allow the amount of time with you as I have done this past week. Scavanger, I am greatful to your research.