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Below is an in-depth analysis and side-by-side comparison of Canadian Tire vs Kennedy Transmission including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $125,000 - And Up | $88,500 - $162,500 |
Franchise Fee | N/A | $17,500 |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | 1922 | - |
Year Franchised | 1934 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.
If you have the motivation, drive, and capabilities to operate and manage your own business, you owe it to yourself to fully investigate ownership of a Kennedy Transmission, Brake and Auto Service store.
We do not require that our franchisees possess previous transmission shop experience. Previous business experience or exposure to the automotive service business segment is highly desirable but also not required. We do require that our store owners are actively involved on a daily basis in their store �" no passive ownership is permitted.
We offer several advantages over other franchised business opportunities. Because we are a specialty business we are not open nights and weekends. Also, a mature Kennedy Transmission, Brake and Auto Service store operates on a staff of four or five, which lowers the management burden of administrative tasks such as staffing and payroll.