| ||||
Updated RecentlyAmerican Transmissions vs Take 5 Oil Change Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of American Transmissions vs Take 5 Oil Change including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $80,000 - $120,000 | $216,469 - $905,490 |
| Franchise Fee | $25,000 | $35,000 |
| Royalty Fee | 7% | 7% |
| Advertising Fee | 3%/$400/week | 5% |
| Year Founded | 1981 | 1984 |
| Year Franchised | 1985 | 2016 |
| Term Of Agreement | 15 years +15 | - |
| Term Of Agreement | 15 years +15 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | 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 |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
||
| Training | Home Office, Plymouth, MI 14 Days | On-The-Job Training: 120 hours Classroom Training: 55 hours |
| Support | Central Data Processing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline | 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 Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Average Number of Employees: 5 Full-time, 1 Part-time Passive Ownership: Not Allowed | - |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About American Transmissions
American Transmissions has been providing quality transmission service, repairs, and maintenance at reasonable prices, during our long existence. Did you know that American Transmissions has provided transmission service to many local and state Law Enforcement Agencies, Fire Departments, School Districts, and local governments, as well as, some of the largest and smallest company’s auto fleets in Southeast, Michigan? They choose American Transmissions because they get the most value for their auto service dollars. Thanks for choosing American Transmissions for your drive-train service needs. You can trust American Transmissions for a job well done, because we are "The Dealership Alternative”
About Take 5 Oil Change
!["Take]("https://www.take5oilchange.com/static/T5-logo.png"){kind=logo}
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}