Cottman Transmission Systems vs Take 5 Oil Change Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cottman Transmission Systems vs Take 5 Oil Change including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Cottman Transmission Systems Franchise
Take 5 Oil Change Franchise
Investment $192,000 - $230,000 $216,469 - $905,490
Franchise Fee $37,500 $35,000
Royalty Fee 7.5% 7%
Advertising Fee $765 Weekly 5%
Year Founded 1962 1984
Year Franchised 1964 2016
Term Of Agreement 15 years -
Term Of Agreement 15 years -
Renewal Fee - -


Business Experience Requirements

 
Cottman Transmission Systems Franchise
Take 5 Oil Change Franchise
Experience *Total net worth requirement: $100,000+ *Cash Liquidity requirement: $50,000 - $75,000 *Industry experience *General Business experience *Marketing Skills Our ideal candidate is someone looking for a high margin franchise investment and who should: Have a net worth of $1.5M+. Be an experienced business owner or a Franchise Owner of another brand who is looking to diversify, build wealth, and be first to market. Have management experience and a mentorship mentality. Have strong operations experience.

Financing Options

 
Cottman Transmission Systems Franchise
Take 5 Oil Change Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees No/Yes -/Yes
Start-up Costs No/Yes -/Yes
Equipment No/Yes -/Yes
Inventory No/Yes -/Yes
Receivables No/No -/Yes
Payroll No/Yes -/Yes

Training & Support

 
Cottman Transmission Systems Franchise
Take 5 Oil Change Franchise
Training Training class room at Corporate Office - Horsham, PA (2 weeks) -Security/safety procedures On-The-Job Training: 120 hours Classroom Training: 55 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 cooperatives Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing *Ad slicks *National media *Regional advertising Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
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

 
Cottman Transmission Systems Franchise
Take 5 Oil Change Franchise
US Expansion Yes Yes
Canada Expansion No -
International Expansion No Yes

Start-Up Costs and Fees Mobile

Investment
Cottman Transmission Systems Franchise
$192,000 - $230,000
Take 5 Oil Change Franchise
$216,469 - $905,490
Franchise Fee
Cottman Transmission Systems Franchise
$37,500
Take 5 Oil Change Franchise
$35,000
Royalty Fee
Cottman Transmission Systems Franchise
7.5%
Take 5 Oil Change Franchise
7%
Advertising Fee
Cottman Transmission Systems Franchise
$765 Weekly
Take 5 Oil Change Franchise
5%
Year Founded
Cottman Transmission Systems Franchise
1962
Take 5 Oil Change Franchise
1984
Year Franchised
Cottman Transmission Systems Franchise
1964
Take 5 Oil Change Franchise
2016
Term Of Agreement
Cottman Transmission Systems Franchise
15 years
Take 5 Oil Change Franchise
-
Renewal Fee
Cottman Transmission Systems Franchise
-
Take 5 Oil Change Franchise
-


Business Experience Requirements

Experience
Cottman Transmission Systems Franchise
*Total net worth requirement: $100,000+ *Cash Liquidity requirement: $50,000 - $75,000 *Industry experience *General Business experience *Marketing Skills
Take 5 Oil Change Franchise
Our ideal candidate is someone looking for a high margin franchise investment and who should: Have a net worth of $1.5M+. Be an experienced business owner or a Franchise Owner of another brand who is looking to diversify, build wealth, and be first to market. Have management experience and a mentorship mentality. Have strong operations experience.

Financing Options

  In-House/3rd Party
Franchise Fees
Cottman Transmission Systems Franchise
No/Yes
Take 5 Oil Change Franchise
-/Yes
Start-up Costs
Cottman Transmission Systems Franchise
No/Yes
Take 5 Oil Change Franchise
-/Yes
Equipment
Cottman Transmission Systems Franchise
No/Yes
Take 5 Oil Change Franchise
-/Yes
Inventory
Cottman Transmission Systems Franchise
No/Yes
Take 5 Oil Change Franchise
-/Yes
Receivables
Cottman Transmission Systems Franchise
No/No
Take 5 Oil Change Franchise
-/Yes
Payroll
Cottman Transmission Systems Franchise
No/Yes
Take 5 Oil Change Franchise
-/Yes

Training & Support

Training
Cottman Transmission Systems Franchise
Training class room at Corporate Office - Horsham, PA (2 weeks) -Security/safety procedures
Take 5 Oil Change Franchise
On-The-Job Training: 120 hours Classroom Training: 55 hours
Support
Cottman Transmission Systems Franchise
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
Take 5 Oil Change Franchise
Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
Cottman Transmission Systems Franchise
*Ad slicks *National media *Regional advertising
Take 5 Oil Change Franchise
Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
Cottman Transmission Systems Franchise

Number of employees needed to run franchised unit: 3

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

Take 5 Oil Change Franchise
-

Expansion Plans

US Expansion
Cottman Transmission Systems Franchise
Yes
Take 5 Oil Change Franchise
Yes
Canada Expansion
Cottman Transmission Systems Franchise
No
Take 5 Oil Change Franchise
-
International Expansion
Cottman Transmission Systems Franchise
No
Take 5 Oil Change Franchise
Yes

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 Take 5 Oil Change

"Take
We are Take 5, and we are proud to be the industry disruptor and automotive franchise to own. We took inspiration from the hospitality industry to transform the mundane task of getting an oil change into an enjoyable customer-focused experience. Our revolutionary drive-through oil change services can be found in over 500 locations in 18 states. As we continue to expand our brand, our immediate focus is to grow our brand presence through franchising in the Southeast United States.

The total investment necessary to begin operation of a new (ground-up) Take 5 Oil Change Center franchise is $683,804 to $905,490.
This includes $111,000 to $124,000 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a conversion Take 5 Oil Change Center franchise is $216,469 to $463,000.
This includes $86,000 to $124,000 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation under the Area Development Agreement is $35,000 to $210,000.
This includes $35,000 to $210,000 that must be paid to the franchisor or an affiliate.

"Entrepreneur
#426 in Franchise 500 for 2020.
#216 in Franchise 500 for 2021.