Canadian Tire vs Speedee Oil Change & Tune-Up Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Canadian Tire 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
 
Canadian Tire Franchise
Speedee Oil Change & Tune-Up Franchise
Investment $125,000 - And Up$188,305 - $527,970
Franchise Fee N/A$35,000
Royalty Fee -6%
Advertising Fee -6%
Year Founded 19221980
Year Franchised 19341982
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Canadian Tire Franchise
Speedee Oil Change & Tune-Up Franchise
Experience --

Financing Options
 
Canadian Tire Franchise
Speedee Oil Change & Tune-Up Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/Yes
Start-up Costs -/-Yes/Yes
Equipment -/-Yes/Yes
Inventory -/-Yes/Yes
Receivables -/-Yes/Yes
Payroll -/-Yes/Yes

Training & Support
 
Canadian Tire Franchise
Speedee Oil Change & Tune-Up Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Canadian Tire Franchise
Speedee Oil Change & Tune-Up Franchise
US Expansion --
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About Canadian Tire

Canadian Tire Corporation, Limited - the country's most shopped retailer - offers a unique mix of products and services through the leadership of three specialty stores under one roof - Automotive, Sports and Leisure, and Home Products. With over 450 Canadian Tire Associate Stores serving communities nationwide, Canadian Tire Corporation, Limited and the Associate Dealers together employ 38,000 Canadians and form one of Canada's best-known and most successful retailers.

You will immediately benefit from proven business systems which include commissions and allowances to help cover initial costs of operation.
You will also take part in a 2 week hands-on Training Program that covers everything you will need to know moving forward to manage the business.

Add participation in one of Canada’s most popular loyalty program, and marketing support from Home Office on an ongoing basis, and you will be ahead of the competition from the very start.


"Top
#21 in Canada's Top franchises.

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.