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Below is an in-depth analysis and side-by-side comparison of Ryan Engine Exchange vs Batteries Expert 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 | $80,000 - $200,000 |
Franchise Fee | $25,000 | $20,000 |
Royalty Fee | 5% | 1% |
Advertising Fee | - | 1.5%Nat'l +1%local |
Year Founded | 1989 | 1964 |
Year Franchised | 1997 | 1996 |
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 | Yes |
International Expansion | No | - |
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.
Batteries Expert is a family based operation founded in 1964, creating a network of experts across Quebec and recently expanding into Ontario. Since 1964, we have evolved from a home based business in the family garage to a banner with 71 distribution locations across the province of Quebec and 10 locations in Ontario. We are now a full-fledged franchise with the reputation for being ready to do what is necessary in order to ensure the longevity of our success. Our franchisees are positioned in the market to be " THE " location for all battery types, from the hearing aid battery to the lawn tractor battery, passing through car batteries, AGM, button cells and more. Our current expertise goes even as far as offering the opportunity to rebuild certain batteries that are not readily available as replacements in the market place. As our market goes green, we are also the reference in off-grid alternative energy needs, from the solar panels, regulators and chargers to 12 volts water pumps, 12 volts refrigerators, propane instant water heaters and everything else in between. Join our Batteries Expert team and be at the leading edge of new developments in the automotive and alternative energies fields. This franchise offers an opportunity to expand your already successful business, offering in-house training and technical support. Featuring quality service and products in a world where batteries and related products touch every part of our daily life. Take advantage of this unique opportunity. Now is the time for you to have unlimited energy...batteries included.