Speedee Oil Change & Tune-Up vs CARSTAR Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Speedee Oil Change & Tune-Up vs CARSTAR including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Speedee Oil Change & Tune-Up Franchise
CARSTAR Franchise
Investment $188,305 - $527,970$298,200 - $804,300
Franchise Fee $35,000$20,000 - $30,000
Royalty Fee 6%1.5%
Advertising Fee 6%1%
Year Founded 19801989
Year Franchised 19821989
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Speedee Oil Change & Tune-Up Franchise
CARSTAR Franchise
Experience --

Financing Options
 
Speedee Oil Change & Tune-Up Franchise
CARSTAR 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
 
Speedee Oil Change & Tune-Up Franchise
CARSTAR Franchise
Training - On-The-Job Training: 12 hours Classroom Training: 20 hours Additional Training: Regional training, 1-2 days; Ongoing training at franchisee's location as needed
Support -Purchasing Co-ops 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 Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations -Absentee Ownership Allowed

Number of Employees Required to Run: 8 - 9

Expansion Plans
 
Speedee Oil Change & Tune-Up Franchise
CARSTAR Franchise
US Expansion -Yes
Canada Expansion NoYes
International Expansion No-

Company Overviews

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.


About CARSTAR

CARSTAR is a champion of the independent collision repair operators, consequently, CARSTAR is the largest automotive collision repair franchise in North America. The well publicized industry dynamitics: declining repair opportunities, acceleration in shops being de-selected from Insurance referral programs, excess repair capacity, increased competition from Multi-Shop Operators and Consolidators, and scarcity of skilled labor, has changed how the Independent Collision Repair Operator needs to conduct business. The CARSTAR Franchise program offers many solutions to these and other issues in which you and your business may be facing. We believe we are the champion for quality Independent shops, providing effective training solutions, staying involved in National and Local Industry Associations and developing sale and marketing programs to help our Franchisees compete in this turbulent market.

CARSTAR leverages the purchasing power of Driven Brands to provide tremendous benefits for our CARSTAR store owners. Nearly 50 corporately managed purchasing programs provide our CARSTAR partners on average $25,000 or more in cost savings and rebates. With larger volume stores easily surpassing that amount in rebates. Store owners also benefit from a national fleet program, top vendor partnerships and support from national service providers.

The total investment necessary to begin operation of a conversion CARSTAR franchise is $23,500 to $165,300. This includes $10,000 to $20,000 that must be paid to the franchisor or affiliate. The total investment necessary to begin operation of a new (ground-up) CARSTAR franchise is $298,200 to $804,300. This includes $10,000 to $20,000 that must be paid to the franchisor or affiliate.

"Top""  "Entrepreneur
#17 in Canada's Top franchises.
#120 in Franchise 500 for 2020.
#164 in Franchise 500 for 2021.