Speedy Transmission vs Quick Lane Tire & Auto Center Franchise Comparison

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

Start-Up Costs and Fees

 
Speedy Transmission Franchise
Quick Lane Tire & Auto Center Franchise
Investment $83,500 - $108,000$282,150 - $1,820,100
Franchise Fee $24,500$15,000
Royalty Fee 7%-
Advertising Fee --
Year Founded 19832017
Year Franchised 19842017
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of initial franchise fee-


Business Experience Requirements

 
Speedy Transmission Franchise
Quick Lane Tire & Auto Center Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Speedy Transmission Franchise
    Quick Lane Tire & Auto Center 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
    Quick Lane Tire & Auto Center 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
    Quick Lane Tire & Auto Center Franchise
    US Expansion YesYes
    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 Quick Lane Tire & Auto Center

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    Established in 1997, Quick Lane now has over 800 branches in the USA and over 200 branches in Europe. We are expanding our network globally into places including South America, South Africa, Middle East, as well as to Asia, including China, Australia, Thailand and elsewhere. Quick Lane is a standard tire and auto vehicle service center. With expert technicians who will take care of all brands of car in a professional and friendly manner, you can be confident of receiving excellent products and services. Our experienced teams have completed tests and training in matters ranging from oil changes to filters, tires, brake checks, suspension and vehicle batteries, amongst others, covering a total of over 14 services.


    The total amount necessary to begin operation of a Quick Lane Tire & Auto Center under a Quick Lane Tire & Auto Center Franchise Agreement ranges from $282,150 to $1,082,100 if you convert an existing automotive repair facility to a Quick Lane Tire & Auto Center.
    This includes $95,700 to $364,000 that is payable to the franchisor.
    The total amount necessary to begin operation of a Quick Lane Tire & Auto Center under a Quick Lane Tire & Auto Center Franchise Agreement ranges from $1,008,450 to $1,820,100 if you construct a brand new facility from the ground up (a “Greenfield Center”).
    This includes $218,000 to $364,000 that is payable to the franchisor.