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Below is an in-depth analysis and side-by-side comparison of Valvoline Instant Oil Change vs Multistate 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 | $181,000 - $3,158,500 | $147,554 - $178,840 |
Franchise Fee | $30,000 | $30,000 |
Royalty Fee | 4-6% | 7% |
Advertising Fee | 3% | $100/ mo. |
Year Founded | 1986 | 1973 |
Year Franchised | 1988 | 1973 |
Term Of Agreement | 15 years | 20 years |
Term Of Agreement | 15 years | 20 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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | Yes/No | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations | - |
Marketing | Ad slicks | - |
Operations |
40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Multistate Transmission is part of Transmission USA and Moran Industries, Inc.,one of the largest automotive aftermarket franchisors in the industry. * Specializing in transmission and drive train maintenance repair, rebuilds and replacement. * Consistently ranked as one of the top automotive repair franchises in Entrepreneur Magazine Franchise 500 and honored as a Top Military Friendly Franchise by GI Jobs Magazine