Oil Can Henry's vs Speedee Oil Change & Tune-Up Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Oil Can Henry's vs Speedee Oil Change & Tune-Up including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Oil Can Henry's Franchise
Speedee Oil Change & Tune-Up Franchise
Investment $135,000 - $212,000$188,305 - $527,970
Franchise Fee $25,000$35,000
Royalty Fee 5.5%6%
Advertising Fee -6%
Year Founded 19721980
Year Franchised 19881982
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Oil Can Henry's Franchise
Speedee Oil Change & Tune-Up Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Oil Can Henry's Franchise
    Speedee Oil Change & Tune-Up Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/Yes
    Start-up Costs No/YesYes/Yes
    Equipment No/YesYes/Yes
    Inventory No/YesYes/Yes
    Receivables No/YesYes/Yes
    Payroll No/YesYes/Yes

    Training & Support

     
    Oil Can Henry's Franchise
    Speedee Oil Change & Tune-Up Franchise
    Training Training available on an ongoing basis & as requested-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Ad slicks, Regional advertising-
    Operations 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

     
    Oil Can Henry's Franchise
    Speedee Oil Change & Tune-Up Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Oil Can Henry's

    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.

    About Speedee Oil Change & Tune-Up

    SpeeDee Oil Change and Tune-Up centers provide a full range of preventive and corrective maintenance services which includes oil and fluid change services, tune-up and complete brake service.

    When you become a SpeeDee franchisee, you’ll enjoy these benefits:
    • Comprehensive business planning assistance
    • Technical and marketing support
    Each part of our multi-faceted business program is designed to maximize “top of mind” awareness, driving more customers to your location and increasing sales. As part of the onboarding process, you’ll receive step-by-step training so you can put these proven marketing tools to work!

    "Entrepreneur
    #415 in Franchise 500 for 2020.