| ||||
Updated RecentlyOil Can Henry's vs Multistate Transmission Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Oil Can Henry's vs Multistate Transmission including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $135,000 - $212,000 | $147,554 - $178,840 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 5.5% | 7% |
| Advertising Fee | - | $100/ mo. |
| Year Founded | 1972 | 1973 |
| Year Franchised | 1988 | 1973 |
| Term Of Agreement | 10 years | 20 years |
| Term Of Agreement | 10 years | 20 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
||
| 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 |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | 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 Multistate Transmission
Multistate Transmission is part of Transmission USA and Moran Industries, Inc.,one of the largest automotive aftermarket franchisors in the industry. * Specializing in transmission and drive train maintenance repair, rebuilds and replacement. * Consistently ranked as one of the top automotive repair franchises in Entrepreneur Magazine Franchise 500 and honored as a Top Military Friendly Franchise by GI Jobs Magazine