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Updated RecentlyEcono Lube N' Tune vs Strickland Brothers 10 Minute Oil Change Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Econo Lube N' Tune vs Strickland Brothers 10 Minute 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 | $196,400 - $510,900 |
| Franchise Fee | $29,500 | $54,900 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 6% | 2.5% |
| Year Founded | 1973 | 2016 |
| Year Franchised | 1973 | 2019 |
| 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 | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 80 hours Classroom Training: 10 hours Additional Training: SB University |
| Support | - | Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Number of Employees Required to Run: 5 - 10 |
Expansion Plans |
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| 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 Strickland Brothers 10 Minute Oil Change
!["Strickland]("https://fddexchange.com/wp-content/uploads/2020/08/Strickland-Brothers-10-Minute-Oil-Change.jpg")
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia and Wyoming