Mr. Transmission vs Victory Lane Quick Oil Change Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Transmission vs Victory Lane Quick Oil Change including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Mr. Transmission Franchise
Victory Lane Quick Oil Change Franchise
Investment $203,613 - $296,767$137,000 - $532,000
Franchise Fee $45,000$30,000
Royalty Fee 7%6%
Advertising Fee $100/mo.2%
Year Founded 19561980
Year Franchised 19761986
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee $2.5K$4500


Business Experience Requirements

 
Mr. Transmission Franchise
Victory Lane Quick Oil Change Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Mr. Transmission Franchise
    Victory Lane Quick Oil Change Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/NoNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Mr. Transmission Franchise
    Victory Lane Quick Oil Change Franchise
    Training --
    Support Whether you are looking for a single brand opportunity or a co-brand approach, we offer you the support to build and sustain a successful business. On-Site and Classroom Training: During your hands-on training, you'll learn firsthand about how the business works. You'll interface with employees and customers. You'll watch the selling process in action. You become familiar with the business, inside and out. Pre-Opening Support Services: Site Selection Assistance Lease Negotiation Assistance Third Party Financing Relationships (including SBA) New Business Start-Up Planning Comprehensive Concept & Operational Training: Proven Business Systems Implementation Financial Management Training Lead Generation System Training Personnel and Safety Systems Customer Relations Training Marketing and Sales Development Business to Business Sales Training and Programs Ongoing Support Services and Franchisee Assistance Technical Assistance "Hot-Line" Lead Generation Programs Supplier Relationships System Wide Intranet National Warranty Program Customer Financing Programs National Fleet Programs Human Resources and Personnel Consultation Custom Designed Computer Software Business Performance Analysis -
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations

    Number of employees needed to run franchised unit: 3 - 5

    Absentee ownership of franchise is allowed. (93% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Mr. Transmission Franchise
    Victory Lane Quick Oil Change Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Mr. Transmission

    A perceived brand for more than 50 years, we've manufactured a strong notoriety as the expert transmission specialists.

    * As the second biggest transmission establishment in the province, we are one of the business pioneers.

    * Specializing in transmission and drive prepare support repair, modifies and substitution.

    * Consistently positioned as one of the top car repair establishments in Entrepreneur Magazine Franchise 500 and respected as a Top Military Friendly Franchise by GI Jobs Magazine

    The total investment necessary to begin operation of a Mr. Transmission franchised business ranges from $203,613 to $260,873. This includes $46,188 that must be paid to the franchisor or affiliate.
    The total investment necessary to begin operation of a Milex Complete Auto Care franchised business ranges from $197,457 to $265,860. This includes $46,188 that must be paid to the franchisor or affiliate. The total investment necessary to begin operation of a Mr. Transmission and Milex Complete Auto Care co-branded franchised business ranges from $228,364 to $296,767. This includes $56,188 that must be paid to the franchisor or its affiliate.



    About Victory Lane Quick Oil Change

    Enter An Exciting Industry That Offers Great Opportunities! Victory Lane Quick Oil Change, Inc. is your entrance into a solid, recession proof industry that has strong consumer demand! Become part of one of the best quick lube franchise opportunities in the United States. Every car owner needs it's oil changed, and with more demands on Americans’ time than ever before, the increase in population growth, and stringent government regulations on used oil disposal, the demand for do-it-for-me quick oil changes has increased significantly. Think of all the new neighborhoods being developed. For each new home built, there are 1, 2, 3, 4 or more drivers with vehicles, and each of these cars needs its oil changed an average of 3.7 times a year, according to the Automotive Oil Change Association. This means that new customers are literally moving into your area all the time, and just waiting for a Victory Lane Quick Oil Change center to open and change their oil and major automotive fluids. Could you be the quick oil change franchisee they are looking for? The American dream is still alive and we’re living it. Come join us!

    The total investment necessary to begin operation of a single Victory Lane Center is $137,000 to $412,000. This includes $44,500 to $51,000 that must be paid to the franchisor or its affiliates.
    The total investment necessary to begin 3 to 5 Victory Lane Centers under our Area Development Program is $167,500 to $532,000, including total investment for one Victory Lane Center. This includes $79,500 to $219,500 (based on 2 to 5 VICTORY LANE® Centers) that must be paid to the Franchisor or affiliate.