Cottman Transmission Systems vs Victory Lane Quick Oil Change Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cottman Transmission Systems vs Victory Lane Quick Oil Change including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Cottman Transmission Systems Victory Lane Quick Oil Change
Investment 192000 - 230000 137000 - 532000
Franchise Fee 0
Royalty Fee 7.50% 6%
Advertising Fee $765 Weekly 2%
Year Founded 1962 1980
Year Franchised 1964 1986
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Cottman Transmission Systems Victory Lane Quick Oil Change
Experience *Total net worth requirement: $100,000+ *Cash Liquidity requirement: $50,000 - $75,000 *Industry experience *General Business experience *Marketing Skills

Financing Options
  Cottman Transmission Systems Victory Lane Quick Oil Change
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Cottman Transmission Systems Victory Lane Quick Oil Change
Training Training class room at Corporate Office - Horsham, PA (2 weeks) -Security/safety procedures
Support Opening Support: - Training class room at Corporate Office - Horsham, PA (2 weeks) - In-field training - Real Estate - Assistance finding a suitable location (if needed) - Operations Team assigned to assist in the transition - Grand Opening - Sales Development Plan - Marketing Plan Ongoing Training and Support: - Technical Hotline available - Cottman Business Management System - POS - Financial Assistance provided - Franchisee intranet portal - National PR Firm - Technical Training (in house and on site) - Localized commercial accounts - Advertising Program o Traditional and Internet Advertising o Franchisee Website o Pay Per Click o Award-winning Cottman Man Blog o Cottman Webinar Series Award winning National website (Cottman.com) o Award-winning Cottman Man Educational Video Series o Social Media -Security/safety procedures -Field operations/evaluations -Purchasing cooperatives
Marketing *Ad slicks *National media *Regional advertising
Operations Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans
  Cottman Transmission Systems Victory Lane Quick Oil Change
US Expansion Arizona, Colorado, Delaware, Florida, Georgia, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Texas, Virginia, Washington, Wisconsin
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Cottman Transmission Systems
Victory Lane Quick Oil Change
Franchise Fee
Cottman Transmission Systems
Victory Lane Quick Oil Change
Royalty Fee
Cottman Transmission Systems 7.50%
Victory Lane Quick Oil Change 6%
Advertising Fee
Cottman Transmission Systems $765 Weekly
Victory Lane Quick Oil Change 2%
Year Founded
Cottman Transmission Systems 1962
Victory Lane Quick Oil Change 1980
Year Franchised
Cottman Transmission Systems 1964
Victory Lane Quick Oil Change 1986
Term Of Agreement
Cottman Transmission Systems 15 years
Victory Lane Quick Oil Change 10 years
Renewal Fee
Cottman Transmission Systems
Victory Lane Quick Oil Change $4,500


Business Experience Requirements
Experience
Cottman Transmission Systems *Total net worth requirement: $100,000+ *Cash Liquidity requirement: $50,000 - $75,000 *Industry experience *General Business experience *Marketing Skills
Victory Lane Quick Oil Change

Financing Options
 
Franchise Fees
Cottman Transmission Systems No
Victory Lane Quick Oil Change No
Start-up Costs
Cottman Transmission Systems
Victory Lane Quick Oil Change
Equipment
Cottman Transmission Systems}
Victory Lane Quick Oil Change
Inventory
Cottman Transmission Systems
Victory Lane Quick Oil Change
Receivables
Cottman Transmission Systems
Victory Lane Quick Oil Change
Payroll
Cottman Transmission Systems
Victory Lane Quick Oil Change

Training & Support
Training
Cottman Transmission Systems Training class room at Corporate Office - Horsham, PA (2 weeks) -Security/safety procedures
Victory Lane Quick Oil Change
Support
Cottman Transmission Systems Opening Support: - Training class room at Corporate Office - Horsham, PA (2 weeks) - In-field training - Real Estate - Assistance finding a suitable location (if needed) - Operations Team assigned to assist in the transition - Grand Opening - Sales Development Plan - Marketing Plan Ongoing Training and Support: - Technical Hotline available - Cottman Business Management System - POS - Financial Assistance provided - Franchisee intranet portal - National PR Firm - Technical Training (in house and on site) - Localized commercial accounts - Advertising Program o Traditional and Internet Advertising o Franchisee Website o Pay Per Click o Award-winning Cottman Man Blog o Cottman Webinar Series Award winning National website (Cottman.com) o Award-winning Cottman Man Educational Video Series o Social Media -Security/safety procedures -Field operations/evaluations -Purchasing cooperatives
Victory Lane Quick Oil Change
Marketing
Cottman Transmission Systems *Ad slicks *National media *Regional advertising
Victory Lane Quick Oil Change
Operations
Cottman Transmission Systems Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Victory Lane Quick Oil Change

Expansion Plans
US Expansion
Cottman Transmission Systems Arizona, Colorado, Delaware, Florida, Georgia, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Texas, Virginia, Washington, Wisconsin
Victory Lane Quick Oil Change
Canada Expansion
Cottman Transmission Systems
Victory Lane Quick Oil Change 0
International Expansion
Cottman Transmission Systems
Victory Lane Quick Oil Change