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Updated RecentlySpeedy Transmission vs Speedee Oil Change & Tune-Up Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Speedy Transmission vs Speedee Oil Change & Tune-Up 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 | $188,305 - $527,970 |
| Franchise Fee | $24,500 | $35,000 |
| Royalty Fee | 7% | 6% |
| Advertising Fee | - | 6% |
| Year Founded | 1983 | 1980 |
| Year Franchised | 1984 | 1982 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | 50% of initial franchise fee | - |
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 | Yes/Yes |
| Start-up Costs | No/No | Yes/Yes |
| Equipment | No/Yes | Yes/Yes |
| Inventory | No/No | Yes/Yes |
| Receivables | No/No | Yes/Yes |
| Payroll | No/No | Yes/Yes |
Training & Support |
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| Training | Weekend training classes | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
| Marketing | Ad slicks, 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) | - |
Expansion Plans |
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| US Expansion | 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 Speedee Oil Change & Tune-Up
SpeeDee Oil Change and Tune-Up centers provide a full range of preventive and corrective maintenance services which includes oil and fluid change services, tune-up and complete brake service.
When you become a SpeeDee franchisee, you’ll enjoy these benefits:
- Comprehensive business planning assistance
- Technical and marketing support
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