Speedee Oil Change & Tune-Up vs Econo Lube N' Tune Franchise Comparison

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

Start-Up Costs and Fees
 
Speedee Oil Change & Tune-Up Franchise
Econo Lube N' Tune Franchise
Investment $188,305 - $527,970$145,135 - $201,690
Franchise Fee $35,000$29,500
Royalty Fee 6%5%
Advertising Fee 6%6%
Year Founded 19801973
Year Franchised 19821973
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee --


Business Experience Requirements
 
Speedee Oil Change & Tune-Up Franchise
Econo Lube N' Tune Franchise
Experience --

Financing Options
 
Speedee Oil Change & Tune-Up Franchise
Econo Lube N' Tune Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/Yes-/-
Start-up Costs Yes/Yes-/-
Equipment Yes/Yes-/-
Inventory Yes/Yes-/-
Receivables Yes/Yes-/-
Payroll Yes/Yes-/-

Training & Support
 
Speedee Oil Change & Tune-Up Franchise
Econo Lube N' Tune Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Speedee Oil Change & Tune-Up Franchise
Econo Lube N' Tune Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

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.


About Econo Lube N' Tune

Econo Lube N' Tune & Brake's "turn-key" process is as simple as it sounds. If you are approved for a franchise and successfully complete the intensive initial training program - you'll simply "turn-the-key" and step into a fully staffed, equipped and operationally ready Econo Lube N' Tune & Brakes automotive service center, though we also provide you a credit which you can use to make additional cosmetic improvements. Econo Lube N' Tune & Brakes has existing centers as well as new locations available for franchising. Currently the Company is focusing on expansion in Arizona, Colorado, and Dallas (9/1/04) Econo Lube N' Tune & Brakes approaches the franchise process with a different philosophy than most other franchise companies. At Econo Lube N' Tune & Brakes we won't ask a potential franchise owner to invest or participate in developing a location until the company itself has made a substantial investment in time, energy, professional services and money. Before a prospective franchise owner is asked to commit to an Econo Lube N' Tune & Brakes location, the Company has: * Identified the marketplace * Selected a site * Purchased the property * Planned, designed and constructed the building * In most cases, acquired and installed all furniture, fixtures, equipment and signage * Fully stocked the location with all oil change, tune-up and brake parts needed * Hired and trained a staff to operate the location * Trained the new franchise owner Anyone who has ever opened their own business and has had to accomplish all of these goals on their own can truly relate, and appreciate the "turn-key" process we offer here at Econo Lube N' Tune & Brakes.