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Updated RecentlySpeedy Transmission vs Lubepro's International Inc. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Speedy Transmission vs Lubepro's International Inc. 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 | $223,000 - $274,000 |
| Franchise Fee | $24,500 | $32,000 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | - | 5% |
| Year Founded | 1983 | 1978 |
| Year Franchised | 1984 | 1985 |
| Term Of Agreement | 20 years | 20 Years +10+10 |
| Term Of Agreement | 20 years | 20 Years +10+10 |
| 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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Weekend training classes | 1. Rockford, IL 10 Days 2. In-Store 7 Days |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
| 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) | Average Number of Employees: 9 Full-time, 0 Part-time Passive Ownership: Allowed |
Expansion Plans |
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| US Expansion | Yes | 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 Lubepro's International Inc.
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