Econo Lube N' Tune vs Multistate Transmission Franchise Comparison

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

Start-Up Costs and Fees

 
Econo Lube N' Tune Franchise
Multistate Transmission Franchise
Investment $145,135 - $201,690$147,554 - $178,840
Franchise Fee $29,500$30,000
Royalty Fee 5%7%
Advertising Fee 6%$100/ mo.
Year Founded 19731973
Year Franchised 19731973
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee --


Business Experience Requirements

 
Econo Lube N' Tune Franchise
Multistate Transmission Franchise
Experience --

Financing Options

 
Econo Lube N' Tune Franchise
Multistate Transmission Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Econo Lube N' Tune Franchise
Multistate Transmission Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Econo Lube N' Tune Franchise
Multistate Transmission Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

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.

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