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Below is an in-depth analysis and side-by-side comparison of Econo Lube N' Tune vs QuickChange 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 | $220,200 - $302,400 |
Franchise Fee | $29,500 | $25,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 6% | 2%local +2%Nat'l |
Year Founded | 1973 | - |
Year Franchised | 1973 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | You do not have to be a mechanic or know how to change oil. The staff at QuickChange oil change stores will train you in everything you need to know to operate a successful store. |
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 | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | Offered only to owners that take an active role in the day-to-day operations. Upgrade the sale with synthetic oil, high mileage oil, air filters, PCV valves, wiper blades, radiator flushes and transmission fluid changes. |
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.
As far back as 1976, we've been the auto mind expert that is practically around the bend. The majority of our clients are neighbors - and have been coming to us for their auto tend to years.
The effective particular unit lessens start-up expenses and gets you into the oil change business quick. Designing a gainful brisk lube establishment operation was similarly as critical to QuickChange as building up an effective stay-in-your auto drive-through operation.
Utilizing a littler impression for the QuickChange 10 minute oil change operation expands the quantity of conceivable locales accessible for improvement. QuickChange oil change business has created mall parking garages, benefit stations, auto washes, and underutilized business property with achievement.