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Below is an in-depth analysis and side-by-side comparison of Mr. Transmission vs Oil Can Henry's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $203,613 - $296,767 | $135,000 - $212,000 |
Franchise Fee | $45,000 | $25,000 |
Royalty Fee | 7% | 5.5% |
Advertising Fee | $100/mo. | - |
Year Founded | 1956 | 1972 |
Year Franchised | 1976 | 1988 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal 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/Yes | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | Training available on an ongoing basis & as requested |
Support | 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad slicks, Regional advertising |
Operations |
Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of franchise is allowed. (93% of current franchisees are owner/operators) |
70% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 12
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
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.
Oil Can Henry’s is now Valvoline Instant Oil Change
Oil Can Henry's was founded in 1972 and began franchising in 1988. It was a private company with more than 40 locations across the United States, and was based in Portland, Oregon.