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Below is an in-depth analysis and side-by-side comparison of Speedy Auto Service vs Onsite Recon including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100,000 - $300,000 | $80,996 - $120,111 |
Franchise Fee | $30,000 | $22,500 |
Royalty Fee | 5% | No less than 9% |
Advertising Fee | 2% | 2% Nat'l 3% Local |
Year Founded | 1956 | - |
Year Franchised | 2004 | - |
Term Of Agreement | - | 5 years +5+5+5 |
Term Of Agreement | - | 5 years +5+5+5 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | You don�t need to have specific experience in the auto repair industry to become a franchise owner with Onsite Recon. We look for people who are motivated, optimistic, and who have some general business experience. Some background in customer service or sales would also be helpful for building relationships with customers in your territory. We also prefer franchise owners who will be directly involved in the operations and growth of their Onsite Recon franchises. We expect that franchisees have the right amount of capital to invest in the business. |
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 | 3-6 weeks | We will provide you with up to 20 days of pre-opening, corporate-based training to you as the franchise owner and one other individual you designate. We will also provide you with up to four days of on-site training within 60 days of commencement of operations, to assist with marketing, sales strategies, providing services, and more, to ensure that you are up and running, and following our prescribed standards of operation. |
Support | - | You will have access to all Onsite Recon's exclusive trademarks, equipment, products and procedures. We'll also present you with a copy of our confidential operations manual to help you run your franchise business properly on a day-to-day basis. |
Marketing | A consistent, professional and integrated marketing program, at both the national and regional level, is under constant development to support the Speedy brand image through a variety of mediums. Cost effective media planning and the development of radio commercials, newspaper ads, point-of-sale materials and direct mail campaigns can provide a powerful means to drive your business. | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
The very first Speedy Muffler King shop was opened in Toronto in 1956. In December 2007 Speedy Corporation acquired Speedy Auto Service.
The qualified professionals at Speedy Auto Service have been proud to bring Canadians honest, reliable and affordable solutions for their auto repair needs. Our success comes from our emphasis on friendly, courteous service, with a goal of building long-lasting relationships with each one of our valued customers. This personal touch, combined with the unmatched technical knowledge of our certified team, is what makes Speedy Canada’s best choice for auto repair.
Our highly trained staff is as helpful in customer service as they are in auto repair. They’re always willing to go the extra mile and address any additional questions or concerns you may have about your vehicle; whether you’re in for a basic oil change or a major overhaul, they’ll do everything they can to ensure you’re completely satisfied before leaving our repair facility. We strive to bring you auto repair that’s as rich in a good customer experience as it is in quality.
Speedy Auto Service will continue the process of converting from a company owned store system to franchisee owned and operated stores - a growth transition that began in 2004. * Build a profitable and rewarding future with one of today's leading auto service specialists. * Join one of Canada's leading and most popular brand name networks. * Being your own boss just got easier.