Merlin 200000 Mile Shops vs Speedee Oil Change & Tune-Up Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Merlin 200000 Mile Shops 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

 
Merlin 200000 Mile Shops Franchise
Speedee Oil Change & Tune-Up Franchise
Investment $183,600 - $315,900$188,305 - $527,970
Franchise Fee $26,000 - $30,000$35,000
Royalty Fee 4.9-6.9%6%
Advertising Fee -6%
Year Founded 19751980
Year Franchised 19751982
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Merlin 200000 Mile Shops Franchise
Speedee Oil Change & Tune-Up Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Management experience; customer service
  • -

    Financing Options

     
    Merlin 200000 Mile Shops Franchise
    Speedee Oil Change & Tune-Up Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/Yes
    Start-up Costs No/YesYes/Yes
    Equipment No/YesYes/Yes
    Inventory No/YesYes/Yes
    Receivables No/NoYes/Yes
    Payroll No/NoYes/Yes

    Training & Support

     
    Merlin 200000 Mile Shops Franchise
    Speedee Oil Change & Tune-Up Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations 8% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 5

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Merlin 200000 Mile Shops Franchise
    Speedee Oil Change & Tune-Up Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Merlin 200000 Mile Shops

    Merlin is an upscale "under the car" service opportunity which specializes in exhaust, brakes, ride control, suspension & steering, and oil/lubrication services. As a full service business format franchise, Merlin's provides a 90% turnkey state-of-the-art facility, comprehensive training, aggressive marketing programs, and ongoing support.

    About Speedee Oil Change & Tune-Up

    SpeeDee Oil Change and Tune-Up centers provide a full range of preventive and corrective maintenance services which includes oil and fluid change services, tune-up and complete brake service.

    When you become a SpeeDee franchisee, you’ll enjoy these benefits:
    • Comprehensive business planning assistance
    • Technical and marketing support
    Each part of our multi-faceted business program is designed to maximize “top of mind” awareness, driving more customers to your location and increasing sales. As part of the onboarding process, you’ll receive step-by-step training so you can put these proven marketing tools to work!

    "Entrepreneur
    #415 in Franchise 500 for 2020.