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Below is an in-depth analysis and side-by-side comparison of Lentz U.S.A. Service Centers vs Speedee Oil Change & Tune-Up including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $114,000 - $130,000 | $188,305 - $527,970 |
Franchise Fee | $20,000 | $35,000 |
Royalty Fee | to 7% | 6% |
Advertising Fee | - | 6% |
Year Founded | 1983 | 1980 |
Year Franchised | 1989 | 1982 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 25% of original 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/Yes | Yes/Yes |
Start-up Costs | No/Yes | Yes/Yes |
Equipment | No/Yes | Yes/Yes |
Inventory | No/Yes | Yes/Yes |
Receivables | No/No | Yes/Yes |
Payroll | No/No | Yes/Yes |
Training & Support |
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Training | - | - |
Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks | - |
Operations |
40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
For over 40 years, Lentz USA has been providing the highest quality automotive service to Michigan residents. Lentz USA can help you with new brakes, oil change, new mufflers, shocks, upgraded struts, and more. Simply, we want to be your complete auto service center! We have earned the trust of hundreds of satisfied customers.