Mister Transmission vs Econo Lube N' Tune Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mister Transmission vs Econo Lube N' Tune including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Mister Transmission Franchise
Econo Lube N' Tune Franchise
Investment $204,006 - $288,409$145,135 - $201,690
Franchise Fee $45,000$29,500
Royalty Fee 7%5%
Advertising Fee -6%
Year Founded 19631973
Year Franchised 19691973
Term Of Agreement 10 years20 years
Term Of Agreement 10 years20 years
Renewal Fee --


Business Experience Requirements
 
Mister Transmission Franchise
Econo Lube N' Tune Franchise
Experience
  • Industry experience
    		• -

    Financing Options
     
    Mister Transmission Franchise
    Econo Lube N' Tune Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Mister Transmission Franchise
    Econo Lube N' Tune Franchise
    Training --
    Support Newsletter, Meetings, Internet, Field operations/evaluations-
    Marketing National media, Regional advertising-
    Operations 9% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4 - 5

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Mister Transmission Franchise
    Econo Lube N' Tune Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Mister Transmission

    Founded by Bruce Brillinger in 1963, Mister Transmission now has more than 85 franchised locations throughout Canada. The company is family-owned. Franchisees specialize in imports, 4x4 and front-wheel-drive transmissions, but also repair front axles, automatics, standards, clutches and differentials. Two-year clutch and nationwide warranties are available, and the franchises offer customers courtesy cars, free local towing and free multi-check and road tests.
    Since 1963, Mister Transmission is the name Canadians trust to provide them with high-quality transmission repairs and expert service. With franchises conveniently located coast-to-coast, Mister Transmission is the largest chain of transmission and driveline repair specialists in Canada. We're proud of our reputation and our history as Canada's premier transmission and technology experts.
     
    VetFran Discount: $5,000 off franchise fee

    About Econo Lube N' Tune

    Econo Lube N' Tune & Brake's "turn-key" process is as simple as it sounds. If you are approved for a franchise and successfully complete the intensive initial training program - you'll simply "turn-the-key" and step into a fully staffed, equipped and operationally ready Econo Lube N' Tune & Brakes automotive service center, though we also provide you a credit which you can use to make additional cosmetic improvements. Econo Lube N' Tune & Brakes has existing centers as well as new locations available for franchising. Currently the Company is focusing on expansion in Arizona, Colorado, and Dallas (9/1/04) Econo Lube N' Tune & Brakes approaches the franchise process with a different philosophy than most other franchise companies. At Econo Lube N' Tune & Brakes we won't ask a potential franchise owner to invest or participate in developing a location until the company itself has made a substantial investment in time, energy, professional services and money. Before a prospective franchise owner is asked to commit to an Econo Lube N' Tune & Brakes location, the Company has: * Identified the marketplace * Selected a site * Purchased the property * Planned, designed and constructed the building * In most cases, acquired and installed all furniture, fixtures, equipment and signage * Fully stocked the location with all oil change, tune-up and brake parts needed * Hired and trained a staff to operate the location * Trained the new franchise owner Anyone who has ever opened their own business and has had to accomplish all of these goals on their own can truly relate, and appreciate the "turn-key" process we offer here at Econo Lube N' Tune & Brakes.