Speedy Transmission vs Speedee Oil Change & Tune-Up Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Speedy Transmission vs Speedee Oil Change & Tune-Up including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Speedy Transmission Franchise
Speedee Oil Change & Tune-Up Franchise
Investment $83,500 - $108,000$188,305 - $527,970
Franchise Fee $24,500$35,000
Royalty Fee 7%6%
Advertising Fee -6%
Year Founded 19831980
Year Franchised 19841982
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of initial franchise fee-


Business Experience Requirements

 
Speedy Transmission Franchise
Speedee Oil Change & Tune-Up Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Speedy Transmission Franchise
    Speedee Oil Change & Tune-Up Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/Yes
    Start-up Costs No/NoYes/Yes
    Equipment No/YesYes/Yes
    Inventory No/NoYes/Yes
    Receivables No/NoYes/Yes
    Payroll No/NoYes/Yes

    Training & Support

     
    Speedy Transmission Franchise
    Speedee Oil Change & Tune-Up Franchise
    Training Weekend training classes-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Ad slicks, 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)

    -

    Expansion Plans

     
    Speedy Transmission Franchise
    Speedee Oil Change & Tune-Up Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    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 Speedee Oil Change & Tune-Up

    SpeeDee Oil Change and Tune-Up centers provide a full range of preventive and corrective maintenance services which includes oil and fluid change services, tune-up and complete brake service.

    When you become a SpeeDee franchisee, you’ll enjoy these benefits:
    • Comprehensive business planning assistance
    • Technical and marketing support
    Each part of our multi-faceted business program is designed to maximize “top of mind” awareness, driving more customers to your location and increasing sales. As part of the onboarding process, you’ll receive step-by-step training so you can put these proven marketing tools to work!

    "Entrepreneur
    #415 in Franchise 500 for 2020.