Mr. Transmission vs Take 5 Oil Change Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Transmission vs Take 5 Oil Change including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Mr. Transmission Franchise
Take 5 Oil Change Franchise
Investment $203,613 - $296,767$216,469 - $905,490
Franchise Fee $45,000$35,000
Royalty Fee 7%7%
Advertising Fee $100/mo.5%
Year Founded 19561984
Year Franchised 19762016
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
Mr. Transmission Franchise
Take 5 Oil Change Franchise
Experience
  • General business experience
  • Marketing skills
    		• Our ideal candidate is someone looking for a high margin franchise investment and who should: Have a net worth of $1.5M+. Be an experienced business owner or a Franchise Owner of another brand who is looking to diversify, build wealth, and be first to market. Have management experience and a mentorship mentality. Have strong operations experience.

    Financing Options
     
    Mr. Transmission Franchise
    Take 5 Oil Change Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support
     
    Mr. Transmission Franchise
    Take 5 Oil Change Franchise
    Training - On-The-Job Training: 120 hours Classroom Training: 55 hours
    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 Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    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
    Take 5 Oil Change Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    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 Take 5 Oil Change

    "Take
    We are Take 5, and we are proud to be the industry disruptor and automotive franchise to own. We took inspiration from the hospitality industry to transform the mundane task of getting an oil change into an enjoyable customer-focused experience. Our revolutionary drive-through oil change services can be found in over 500 locations in 18 states. As we continue to expand our brand, our immediate focus is to grow our brand presence through franchising in the Southeast United States.

    The total investment necessary to begin operation of a new (ground-up) Take 5 Oil Change Center franchise is $683,804 to $905,490.
    This includes $111,000 to $124,000 that must be paid to the franchisor or an affiliate.
    The total investment necessary to begin operation of a conversion Take 5 Oil Change Center franchise is $216,469 to $463,000.
    This includes $86,000 to $124,000 that must be paid to the franchisor or an affiliate.
    The total investment necessary to begin operation under the Area Development Agreement is $35,000 to $210,000.
    This includes $35,000 to $210,000 that must be paid to the franchisor or an affiliate.

    "Entrepreneur
    #426 in Franchise 500 for 2020.
    #216 in Franchise 500 for 2021.