Lee Myles Transmissions vs Oilstop-Drive Thru Oil Change Centers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Lee Myles Transmissions vs Oilstop-Drive Thru Oil Change Centers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Lee Myles Transmissions Franchise
Oilstop-Drive Thru Oil Change Centers Franchise
Investment $137,400 - $182,800$266,100 - $995,100
Franchise Fee $27,500$27,500 - $35,000
Royalty Fee 7%5%
Advertising Fee --
Year Founded 19471987
Year Franchised 19641998
Term Of Agreement 15 years20 years
Term Of Agreement 15 years20 years
Renewal Fee 15% of current franchise fee-


Business Experience Requirements

 
Lee Myles Transmissions Franchise
Oilstop-Drive Thru Oil Change Centers Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills

  • General business experience

  • Financing Options

     
    Lee Myles Transmissions Franchise
    Oilstop-Drive Thru Oil Change Centers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Lee Myles Transmissions Franchise
    Oilstop-Drive Thru Oil Change Centers Franchise
    Training -Ongoing training available
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, 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 advertisingAd slicks, Regional advertising
    Operations 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

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

    34% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 8

    Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)


    Expansion Plans

     
    Lee Myles Transmissions Franchise
    Oilstop-Drive Thru Oil Change Centers Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Lee Myles Transmissions

    Lee Myles was a musician and automobile technician in the 1930s and '40s when he heard about problems with the 'new' automatic transmissions. He opened his first Lee Myles Transmissions center in 1947 and began franchising in 1964. The company now has more than 85 locations throughout the United States.

    About Oilstop-Drive Thru Oil Change Centers

    Founded by Larry Dahl, Oilstop centers provide drive-thru oil changes. The company also offers gear treatment, power drain service, PCV valve replacement, engine stop leak service, internal engine cleaning, engine treatment, fuel system cleaners and other services.