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Below is an in-depth analysis and side-by-side comparison of Cottman Transmission Systems 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 | $192,000 - $230,000 | $160,000 - $210,000 |
Franchise Fee | $37,500 | $30,000 |
Royalty Fee | 7.5% | - |
Advertising Fee | $765 Weekly | - |
Year Founded | 1962 | 1996 |
Year Franchised | 1964 | 2007 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | *Total net worth requirement: $100,000+ *Cash Liquidity requirement: $50,000 - $75,000 *Industry experience *General Business experience *Marketing Skills | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | Training class room at Corporate Office - Horsham, PA (2 weeks) -Security/safety procedures | 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 | 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 cooperatives | 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 | *Ad slicks *National media *Regional advertising | 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 |
Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.