Cottman Transmission Systems vs Jiffy Lube Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cottman Transmission Systems vs Jiffy Lube including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Cottman Transmission Systems Franchise
Jiffy Lube Franchise
Investment $192,000 - $230,000$207,000 - $422,650
Franchise Fee $37,500$17,500 - $35,000
Royalty Fee 7.5%3-4%
Advertising Fee $765 Weekly1.5%
Year Founded 19621979
Year Franchised 19641979
Term Of Agreement 15 years20 years
Term Of Agreement 15 years20 years
Renewal Fee -$17.5K


Business Experience Requirements
 
Cottman Transmission Systems Franchise
Jiffy Lube Franchise
Experience *Total net worth requirement: $100,000+ *Cash Liquidity requirement: $50,000 - $75,000 *Industry experience *General Business experience *Marketing Skills
  • General business experience
    		•

    Financing Options
     
    Cottman Transmission Systems Franchise
    Jiffy Lube Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Cottman Transmission Systems Franchise
    Jiffy Lube Franchise
    Training Training class room at Corporate Office - Horsham, PA (2 weeks) -Security/safety procedures Available at franchisee's location, Additional training available On-The-Job Training: 10-40 hours Classroom Training: 40 hours
    Support Opening Support: - Training class room at Corporate Office - Horsham, PA (2 weeks) - In-field training - Real Estate - Assistance finding a suitable location (if needed) - Operations Team assigned to assist in the transition - Grand Opening - Sales Development Plan - Marketing Plan Ongoing Training and Support: - Technical Hotline available - Cottman Business Management System - POS - Financial Assistance provided - Franchisee intranet portal - National PR Firm - Technical Training (in house and on site) - Localized commercial accounts - Advertising Program o Traditional and Internet Advertising o Franchisee Website o Pay Per Click o Award-winning Cottman Man Blog o Cottman Webinar Series Award winning National website (Cottman.com) o Award-winning Cottman Man Educational Video Series o Social Media -Security/safety procedures -Field operations/evaluations -Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing *Ad slicks *National media *Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations

    Number of employees needed to run franchised unit: 3

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		 80% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    Expansion Plans
     
    Cottman Transmission Systems Franchise
    Jiffy Lube Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Cottman Transmission Systems

    With areas over the U.S., Cottman Transmission and Total Auto Care is a transmission and auto repair mark that administrations any make or model vehicle, remote or local. Cottman Transmission and Total Auto Care focuses have some expertise in entire transmission benefit, brakes, suspension, cooling administration and a great deal more. Cottman's base camp is situated in Horsham, Pennsylvania.

    Cottman Transmission Systems, LLC gives a markdown on starting establishment charges to veterans of U.S. Military who generally meet the prerequisites of the Cottman Vet Program. For qualified veterans partaking in this program, Cottman Transmission Systems, LLC will diminish the measure of the Initial License charge by $8,000. In this manner the Initial License under the Cottman Vet Program is decreased to $29,500 (for franchisees outside of New Jersey). To Qualify, veterans must give us satisfactory documentation of respectable release, and the franchisee for the Center to be worked must be no less than 51% possessed by the veteran taking an interest in the Cottman Vet Program. Veterans taking an interest in the Cottman Vet Program who wish to exchange the establishment before opening the Center must pay us the bit of the Initial License Fee that is postponed under the program ($8,000) as a condition to the exchange.

    There are as of now more than 53 Cottman Transmission Centers in 21 states and Canada.


    About Jiffy Lube

    The decline of full-service gas stations in the 1970s left many consumers without their traditional sources for oil changes. Jiffy Lube began under Jim Hindman in 1979 as an association of seven fast-lube centers in the western United States. Today the franchise is a wholly-owned subsidiary of Pennzoil-Quaker State Co. and has locations nationwide.
    Take the worry out of forging ahead on your own by having a support team behind you. As the pioneer and leader of the quick lube industry, Jiffy Lube International knows what works and what doesn't. Jiffy Lube International focuses on elements critical to business operations, in addition to offering innovative programs to help attract and retain customers. The Jiffy Lube Franchise model has been helping business owners successfully run their own businesses since 1979.
    If you have strong interpersonal skills, the ability to manage and motivate employees, and the desire to learn and follow a proven system that emphasizes value and customer satisfaction, let us work with you to turn your dreams into reality.
    Already Own a Quick Lube Location? Jiffy Lube could be a perfect fit for you if you already own a quick lube location and are looking for ways to expand your business and attract more customers. You already have the pieces in place, and now you could leverage the brand strength of the industry leader. Many quick lube owners come to us because they can't quite figure out how to take their business to the next level. Jiffy Lube can help. Benefits to joining the #1 brand in the quick lube market:
    *Brand recognition
    *Comprehensive training
    *Proven systems
    *National fleet services
    *Network of support

    Seeking new franchise units throughout the U.S. , Canada and South America    
    Veteran Incentives  Franchise fee waived
    "Top   ""
    #116 in Canada's Top franchises.

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    #48 on Franchise Rankings.com
    #70 in Franchise 500 doe 2020.