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Updated RecentlyLee Myles Transmissions vs QuickChange Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lee Myles Transmissions vs QuickChange including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $137,400 - $182,800 | $220,200 - $302,400 |
| Franchise Fee | $27,500 | $25,000 |
| Royalty Fee | 7% | 6% |
| Advertising Fee | - | 2%local +2%Nat'l |
| Year Founded | 1947 | - |
| Year Franchised | 1964 | - |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | 15% of current franchise fee | - |
Business Experience Requirements |
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| Experience | You do not have to be a mechanic or know how to change oil. The staff at QuickChange oil change stores will train you in everything you need to know to operate a successful store. | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | 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 | - |
| 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) | Offered only to owners that take an active role in the day-to-day operations. Upgrade the sale with synthetic oil, high mileage oil, air filters, PCV valves, wiper blades, radiator flushes and transmission fluid changes. |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
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 QuickChange
As far back as 1976, we've been the auto mind expert that is practically around the bend. The majority of our clients are neighbors - and have been coming to us for their auto tend to years.
The effective particular unit lessens start-up expenses and gets you into the oil change business quick. Designing a gainful brisk lube establishment operation was similarly as critical to QuickChange as building up an effective stay-in-your auto drive-through operation.
Utilizing a littler impression for the QuickChange 10 minute oil change operation expands the quantity of conceivable locales accessible for improvement. QuickChange oil change business has created mall parking garages, benefit stations, auto washes, and underutilized business property with achievement.