Ryan Engine Exchange vs Munster Tool Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Ryan Engine Exchange vs Munster Tool including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Ryan Engine Exchange Franchise
Munster Tool Franchise
Investment $112,000$30,000 - $50,000
Franchise Fee $25,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 19891980
Year Franchised 19971980
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Ryan Engine Exchange Franchise
Munster Tool Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Ryan Engine Exchange Franchise
    Munster Tool 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

     
    Ryan Engine Exchange Franchise
    Munster Tool Franchise
    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

     
    Ryan Engine Exchange Franchise
    Munster Tool Franchise
    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 Munster Tool

    Established in 1980, Munster Tool Co supplies top quality clothing, tools and equipment to workshops in the automotive, agricultural, plant hire, transport, HGV and allied industries in 32 countries

    Munster Tool Co. operates from a modern computerised administration centre and warehouse in Mallow and our fleet of vans support our growing list of customers.

    Our franchise is a proven business concept with a very strong Market share, Brand Awareness, Quality products and Exceptional customer service.