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Updated RecentlySpeedy Transmission vs Mr. Transmission Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Speedy Transmission vs Mr. Transmission including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $83,500 - $108,000 | $203,613 - $296,767 |
| Franchise Fee | $24,500 | $45,000 |
| Royalty Fee | 7% | 7% |
| Advertising Fee | - | $100/mo. |
| Year Founded | 1983 | 1956 |
| Year Franchised | 1984 | 1976 |
| Term Of Agreement | 20 years | 20 years |
| Term Of Agreement | 20 years | 20 years |
| Renewal Fee | 50% of initial franchise fee | $2.5K |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/No | No/No |
| Equipment | No/Yes | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | Weekend training classes | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Whether you are looking for a single brand opportunity or a co-brand approach, we offer you the support to build and sustain a successful business. On-Site and Classroom Training: During your hands-on training, you'll learn firsthand about how the business works. You'll interface with employees and customers. You'll watch the selling process in action. You become familiar with the business, inside and out. Pre-Opening Support Services: Site Selection Assistance Lease Negotiation Assistance Third Party Financing Relationships (including SBA) New Business Start-Up Planning Comprehensive Concept & Operational Training: Proven Business Systems Implementation Financial Management Training Lead Generation System Training Personnel and Safety Systems Customer Relations Training Marketing and Sales Development Business to Business Sales Training and Programs Ongoing Support Services and Franchisee Assistance Technical Assistance "Hot-Line" Lead Generation Programs Supplier Relationships System Wide Intranet National Warranty Program Customer Financing Programs National Fleet Programs Human Resources and Personnel Consultation Custom Designed Computer Software Business Performance Analysis |
| Marketing | Ad slicks, Regional advertising | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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) |
Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of franchise is allowed. (93% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | No | No |
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 Mr. Transmission
A perceived brand for more than 50 years, we've manufactured a strong notoriety as the expert transmission specialists.
* As the second biggest transmission establishment in the province, we are one of the business pioneers.
* Specializing in transmission and drive prepare support repair, modifies and substitution.
* Consistently positioned as one of the top car repair establishments in Entrepreneur Magazine Franchise 500 and respected as a Top Military Friendly Franchise by GI Jobs Magazine
The total investment necessary to begin operation of a Mr. Transmission franchised business ranges from $203,613 to $260,873. This includes $46,188 that must be paid to the franchisor or affiliate.
The total investment necessary to begin operation of a Milex Complete Auto
Care franchised business ranges from $197,457 to $265,860. This includes
$46,188 that must be paid to the franchisor or affiliate. The total
investment necessary to begin operation of a Mr. Transmission and Milex
Complete Auto Care co-branded franchised business ranges from $228,364
to $296,767. This includes $56,188 that must be paid to the franchisor
or its affiliate.