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Updated RecentlyRyan Engine Exchange Franchise
Engine remanufacturer
Since 1989, Ryan Engine Exchange locations have been installing remanufactured engines. Customers bring in an old engine and exchange it for a new one, which is installed on the premises. Using a system developed by the company's founder, Greg Ryan, old engines are refurbished in 3 days.
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How much does it cost to open a Ryan Engine Exchange Franchise?
The investment required to open a Ryan Engine Exchange Franchise is $112,000. There is an initial franchise fee of $25,000 which grants you the license to run a business under the Ryan Engine Exchange name.
Individual Unit Costs
- Initial Investment:
$112,000 - Initial Franchise Fee:
$25,000 - Royalty Fee:
5% - Advertising Fee:
- Term of Agreement:
10 years
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When did Ryan Engine Exchange start Franchising? 1997
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2002 | 8 | 0 | 0 | 1 |
| 2001 | 3 | 0 | 0 | 1 |
| 2000 | 1 | 0 | 0 | 1 |
| 1999 | 0 | 0 | 0 | 1 |
| 1998 | 0 | 0 | 0 | 1 |
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): the SBA, banks, leasing companies
Support
Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks
0% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 4
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
Business Experience:
To calculate how much income a franchise owner can do at Ryan Engine Exchange Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for Ryan Engine Exchange and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Ryan Engine Exchange franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Ryan Engine Exchange
Ryan Engine Exchange
2465 W. Evans Ave.
Denver,
CO
80219