Speedy Transmission vs Multistate Transmission Franchise Comparison

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

Start-Up Costs and Fees
 
Speedy Transmission Franchise
Multistate Transmission Franchise
Investment $83,500 - $108,000$147,554 - $178,840
Franchise Fee $24,500$30,000
Royalty Fee 7%7%
Advertising Fee -$100/ mo.
Year Founded 19831973
Year Franchised 19841973
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee 50% of initial franchise fee-


Business Experience Requirements
 
Speedy Transmission Franchise
Multistate Transmission Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Speedy Transmission Franchise
    Multistate Transmission Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Speedy Transmission Franchise
    Multistate Transmission 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
    Multistate Transmission Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    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 Multistate Transmission

    Multistate Transmission is part of Transmission USA and Moran Industries, Inc.,one of the largest automotive aftermarket franchisors in the industry. * Specializing in transmission and drive train maintenance repair, rebuilds and replacement. * Consistently ranked as one of the top automotive repair franchises in Entrepreneur Magazine Franchise 500 and honored as a Top Military Friendly Franchise by GI Jobs Magazine