Speedy Transmission vs Express Oil Change Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Speedy Transmission vs Express Oil Change including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Speedy Transmission Franchise
Express Oil Change Franchise
Investment $83,500 - $108,000$1,863,000 - $2,716,000
Franchise Fee $24,500$35,000
Royalty Fee 7%5%
Advertising Fee -3%Local
Year Founded 19831979
Year Franchised 19841983
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee 50% of initial franchise fee-


Business Experience Requirements
 
Speedy Transmission Franchise
Express Oil Change Franchise
Experience
  • General business experience
  • Marketing skills

    • No previous auto mechanical experience or knowledge is necessary. We look for general business accumen, strong communication and people skills for motivating your staff and working with customers, a high level of energy, a positive attitude, a drive to succeed at your own business, and future goal orientation.

    Financing Options
     
    Speedy Transmission Franchise
    Express Oil Change Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Speedy Transmission Franchise
    Express Oil Change Franchise
    Training Weekend training classesOn-The-Job Training: 296 hours Classroom Training: 24 hours Additional Training: At training centers
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Ad slicks, Regional advertisingCo-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		 85% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 8

    Absentee ownership of franchise is allowed. There must be a partner running the operations.


    Expansion Plans
     
    Speedy Transmission Franchise
    Express Oil Change Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Speedy Transmission

    D'Arcy Williams founded Speedy Transmission Centers in 1983. The company began franchising in 1984, with its first franchise location in Syracuse, New York.
    Based in Delray Beach, FL, Speedy Transmission Centers now has locations in several states, including centers in Florida, Georgia and Puerto Rico.

    About Express Oil Change

    Former gas station manager Jim Lunceford founded Express Oil Change in 1979 after hearing about a West Coast business that offered quick oil changes. Lunceford brought the concept to Alabama, opened four centers and began franchising in 1984. In 1996, franchisees Joe Watson and Ricky Brooks purchased Express Oil Change from Lunceford and began expanding the company into Florida, Mississippi, Tennessee, Georgia and the Carolinas. Two years later, the company purchased Tune-Up Clinics, a 28-store chain based in Atlanta. Twenty-five Tune-Up Clinic locations became Express Oil Change centers after the purchase.

    Seeking new franchise units in Alabama, Florida, Georgia, Louisiana, Mississippi, Midwest, North Carolina, South, South Carolina, Southeast, Southwest,
    Tennessee and Texas