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Updated RecentlyRyan Engine Exchange vs Champion Auto Stores Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ryan Engine Exchange vs Champion Auto Stores including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $112,000 | $225,000 - $400,000 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1989 | - |
| Year Franchised | 1997 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal 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 | - | - |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks | - |
| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Ryan Engine Exchange
Since 1989, Ryan Engine Exchange locations have been installing remanufactured engines. Customers bring in an old engine and exchange it for a new one, which is installed on the premises. Using a system developed by the company's founder, Greg Ryan, old engines are refurbished in 3 days.
About Champion Auto Stores
Champion Auto Stores has its headquarters at Minnesota but there are franchise opportunities that are springing at different parts of the country . Currently there are 26 units that are located at various parts of United States. All these states are franchised. This means that they are under private owners and are operated by individuals who live and work within the local communities where the units are based.
Champion Auto offers the owners with an opportunity to market automotive accessories and parts to the DIY and DIFM customers. Champion Auto offers franchising opportunities for lucrative business that touches on the auto mobile industry. Working with Champion Auto Stores is a lifetime opportunity as it has openings for profitable business.
You will have the opportunity of catering the needs of two separate groups at the same time. The first group comprises those people who are interested in doing their own tasks. The second group that you will be catering for is made up of individuals who need to be helped. You can make the Auto stores opportunity to be a truly lucrative business if you are able to cater for the needs of the two groups.