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Store Manager Relocation Package

bi0h4z4rd
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bi0h4z4rd Newbie

bi0h4z4rd

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Hey guys,

I have always appreciated this forum and not sure how I didn't think to ask this question here to begin with!

I received an unexpected phone call from a gentleman whom I've never spoken to or met before the day after Christmasz but he was aware of me and my recent achievements while managing an independent franchise of a national auto repair chain (honestly doesn't make a difference to me if you know where u can msg me if u want. Just didn't know the rules on it) 

In less than 60 seconds he was able to explain who he was, where he was from, and that he would like to move me out there for the purpose of taking over his shop and running it for him until he retires at which time I could buy it if I wanted it and I told him it is certainly a discussion we can have and would get back to him the following day. 

Our next conversation I had the chance to interview him about the shop and a little about himself to which I have no objections and went on to inform him that picking up my life and moving out of state would not be a quick decision and would require a process in which 3 things would need to take place.

1.  We would need to meet in person obviously, but also spend a decent amount of time in an environment outside of the work setting to get to know a little more of each other and assuming no red flags (very doubtful there are any to find) move forward 

2.  I would need to see the shop and be able to shadow how it's currently operated for a day or 2 and if no issues were to come up that within a few days at most I woulr let him know what it would take and the cost needed in order for me to commit to this and move. 

3. We would both have to mutually agree to or re negotiate a deal to be out in writing and signed and any upfront requirements fulfilled. 

Until late May I had spent the last 3 1/2 years as general manager for another franchise of the same chain that was nearly bankrupt when I started and lead it on to achieve new reocrds parts and labor sales . I wrote out a business plan outlining all new policies, procedures, products, and pay structure that changed everything from the ground up. 

The first year reflected an increase in more than 150k of gross sales at just shy of 1m and the second was the highest gross sales recorded at 1.29m, and I parted ways respectably in late May on track to exceed 1.5m. (sadly, they did not make this mark)

During this time my compensation was a base salary of $1000/week, 1% of gross sales, and a weekly kicker of $250 per week gross sales ended over $20k, and an additional $250 for each $5k after for that week. 2021 I grossed $109k and this year was on track to end at $150k if I had remained. 

There was nothing negative involved or that created the reason my departure. The regional manager for the 166 stores or whatever it is in the NW asked me long ago if I would ever be willing to relocate and run another "franchise store"  and I had a couple people email me that I couldnt even take seriously, but never let them go any further. 

I am scheduled to leave by train this Monday 1/9 where he has provided me with a hotel and rental car for a 3 day stay to complete the other steps needed to move forward. 

Below is a general idea of what I have in my head as far as what I expect out of a relocation package, but I've never had to hire or been hired this way before. Needless to say I could use and would appreciate any insight from anyone that has experience or any history with this process and reasonable expectations. 

1. Move in costs including first and last months rent, security deposit, and any application fees.

 (I was going to put a cap on the amounts, but the cost of living there is ridiculously higher than here and I don't feel like moving from a nice 3 bdrm house that I have here to go live in some cheap 1 bdrm apartment there is the right direction lol)

2. All personal property will be prepared and packed by myself and then loaded and delivered at owners expense. 

3. Pay structure to remain the same as previous Midas employer with a $250 increase to weekly salary. 

4. Employee discount will be all products and parts at cost.

5. One time payment of $15,000 as incentive to ease the complications that come with relocating. 

(,Thought of splitting up? 1/2 up front and other half dispersed with regular pay over next 6 mos?)

Any feedback or thoughts is welcomed and appreciated. 

 

 

 

 

 

 

 

 

 

 

 

 

 

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bi0h4z4rd Newbie

bi0h4z4rd

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22 hours ago, Transmission Repair said:

bi0h4z4rd:

How did he get your name and phone number if you live out of state?

From the regional manager mentioned above. 

Sorry I didn't get a chance to reply to the first response, but I've been here for a day and a half and it didn't take long to determine that coming to work for this franchise would not be in my best interest. 

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bi0h4z4rd Newbie

bi0h4z4rd

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On 1/12/2023 at 6:52 AM, Transmission Repair said:

Can you elaborate what scared you off?  The franchise or that particular franchisee?  We all can learn a lesson from your experience.

Absolutely. I will also fill in the gaps in my original post. Posting on here was a last minute thought and only had my cell phone or her tablet as options at like 1am. Actually some what impressed looking at it from my PC now lol.

I have not officially declined from the owner at this time for the record. I will offer a counter proposal. Give ma a day or so and I will update this thread. 

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