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Updated RecentlyOil 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 |
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| 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 | 1972 | 1980 |
| Year Franchised | 1988 | 1982 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 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 | Yes/Yes |
| Start-up Costs | No/Yes | Yes/Yes |
| Equipment | No/Yes | Yes/Yes |
| Inventory | No/Yes | Yes/Yes |
| Receivables | No/Yes | Yes/Yes |
| Payroll | No/Yes | Yes/Yes |
Training & Support |
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| 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 |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
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
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