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Below is an in-depth analysis and side-by-side comparison of Econo Lube N' Tune vs Pro Oil Change including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $145,135 - $201,690 | $160,000 - $210,000 |
Franchise Fee | $29,500 | $30,000 |
Royalty Fee | 5% | - |
Advertising Fee | 6% | - |
Year Founded | 1973 | 1996 |
Year Franchised | 1973 | 2007 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | If you are selected as a franchise candidate, you will train in one of our successful corporate stores. We believe in hands-on training and job shadowing. You will receive two weeks initial training participating at the store level. The balance of your training program will be at head office where experienced trainers (who can empathize with your new project) will help you get ready for your launch. By the time the opening ribbon is cut, you will be confidently looking forward to operating your business. |
Support | - | Our operations team is interested in helping you to organize your business from the basement to the roof'. We say that, because what goes on under a customer's car is the backbone of our system and critical to your success. Our operations team is available to help you fine-tune your business. A comprehensive Management/Employee operations manual is always at your fingertips. The PRO OIL CHANGE Operations Manual is provided to you in printed form and online at our secure franchisee website. |
Marketing | - | The PRO OIL CHANGE head office has invested considerable dollars in developing methods for attracting customers to your shop. We are committed to building a Brand that stands out in the customer's mind when they think of our type of services. In addition to a complete Grand Opening package to launch your facility, our marketing binder will supply you with numerous methods to develop new business and raise your profile in the community. Owning a PRO OIL CHANGE store will allow you to be in business for yourself, while benefiting from the support, marketing and promotional expertise of the entire PRO OIL CHANGE team. |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.