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Updated RecentlySpeedy Transmission vs Mister Transmission Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Speedy Transmission vs Mister Transmission including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $83,500 - $108,000 | $204,006 - $288,409 |
| Franchise Fee | $24,500 | $45,000 |
| Royalty Fee | 7% | 7% |
| Advertising Fee | - | - |
| Year Founded | 1983 | 1963 |
| Year Franchised | 1984 | 1969 |
| Term Of Agreement | 20 years | 10 years |
| Term Of Agreement | 20 years | 10 years |
| Renewal Fee | 50% of initial franchise 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 | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/Yes | No/Yes |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | Weekend training classes | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Newsletter, Meetings, Internet, Field operations/evaluations |
| Marketing | Ad slicks, Regional advertising | National media, Regional advertising |
| Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
9% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 5
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 | No |
| International Expansion | No | Yes |
Company Overviews
About Speedy Transmission
D'Arcy Williams founded Speedy Transmission Centers in 1983. The company began franchising in 1984, with its first franchise location in Syracuse, New York.
Based in Delray Beach, FL, Speedy Transmission Centers now has locations in several states, including centers in Florida, Georgia and Puerto Rico.
About Mister Transmission
Founded by Bruce Brillinger in 1963, Mister Transmission now has more than 85 franchised locations throughout Canada. The company is family-owned. Franchisees specialize in imports, 4x4 and front-wheel-drive transmissions, but also repair front axles, automatics, standards, clutches and differentials. Two-year clutch and nationwide warranties are available, and the franchises offer customers courtesy cars, free local towing and free multi-check and road tests.
Since 1963, Mister Transmission is the name Canadians trust to provide
them with high-quality transmission repairs and expert service. With
franchises conveniently located coast-to-coast, Mister Transmission is
the largest chain of transmission and driveline repair specialists in
Canada. We're proud of our reputation and our history as Canada's
premier transmission and technology experts.
VetFran Discount: $5,000 off franchise fee