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Below is an in-depth analysis and side-by-side comparison of Automotive Maintenance Solutions vs Speedy Auto Service including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $118,100 - $175,600 | $100,000 - $300,000 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 7%/mo. | 5% |
Advertising Fee | - | 2% |
Year Founded | 1962 | 1956 |
Year Franchised | 2002 | 2004 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal 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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | 3-6 weeks |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | A consistent, professional and integrated marketing program, at both the national and regional level, is under constant development to support the Speedy brand image through a variety of mediums. Cost effective media planning and the development of radio commercials, newspaper ads, point-of-sale materials and direct mail campaigns can provide a powerful means to drive your business. |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | Yes |
International Expansion | No | - |
Two generations of the Sheldrick family have contributed to the success of the system. After the first location opened in the 60s, people have learned a lot about quality automotive service. Back then, the Sheldricks had to teach people about the value of regular automotive maintenance services, in general. Now, our reputation is so solid, we grow our business daily by word-of-mouth! The Sheldricks were not planning to sell just any common oil change. They researched the market and the competition and decided that performing complete automotive maintenance actually increased the performance of their customers vehicles. Our market holds over $70 Billion in Un-Performed maintenance service! Think of the potential for AMS locations to capture this business. From its inception, AMS has built a structured system that will enable each franchisee to maximize their potential. Our goal is not just to sell franchises, we want you to be successful! We invite you to compare the AMS franchise system to other opportunities and make an intelligent choice. It is our hope that you will see that we are offering more than a product to sell, we are offering a franchise system that works because our structure is built on a sound foundation of integrity and quality.
The very first Speedy Muffler King shop was opened in Toronto in 1956. In December 2007 Speedy Corporation acquired Speedy Auto Service.
The qualified professionals at Speedy Auto Service have been proud to bring Canadians honest, reliable and affordable solutions for their auto repair needs. Our success comes from our emphasis on friendly, courteous service, with a goal of building long-lasting relationships with each one of our valued customers. This personal touch, combined with the unmatched technical knowledge of our certified team, is what makes Speedy Canada’s best choice for auto repair.
Our highly trained staff is as helpful in customer service as they are in auto repair. They’re always willing to go the extra mile and address any additional questions or concerns you may have about your vehicle; whether you’re in for a basic oil change or a major overhaul, they’ll do everything they can to ensure you’re completely satisfied before leaving our repair facility. We strive to bring you auto repair that’s as rich in a good customer experience as it is in quality.
Speedy Auto Service will continue the process of converting from a company owned store system to franchisee owned and operated stores - a growth transition that began in 2004. * Build a profitable and rewarding future with one of today's leading auto service specialists. * Join one of Canada's leading and most popular brand name networks. * Being your own boss just got easier.