Indy Lube vs Cottman Transmission Systems Franchise Comparison

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

Start-Up Costs and Fees

  Indy Lube Cottman Transmission Systems
Investment 250000 - 450000 192000 - 230000
Franchise Fee 0
Royalty Fee 5% 7.50%
Advertising Fee 5% $765 Weekly
Year Founded 1986 1962
Year Franchised 1989 1964
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Indy Lube Cottman Transmission Systems
Experience *Total net worth requirement: $100,000+ *Cash Liquidity requirement: $50,000 - $75,000 *Industry experience *General Business experience *Marketing Skills

Financing Options

  Indy Lube Cottman Transmission Systems
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Indy Lube Cottman Transmission Systems
Training Headquarters 2-3 Weeks Training class room at Corporate Office - Horsham, PA (2 weeks) -Security/safety procedures
Support Central Data Processing: At Additional Cost Central Purchasing: At Additional Cost Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline 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

  Indy Lube Cottman Transmission Systems
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
International Expansion

Start-Up Costs and Fees Mobile

Investment
Indy Lube
Cottman Transmission Systems
Franchise Fee
Indy Lube
Cottman Transmission Systems
Royalty Fee
Indy Lube 5%
Cottman Transmission Systems 7.50%
Advertising Fee
Indy Lube 5%
Cottman Transmission Systems $765 Weekly
Year Founded
Indy Lube 1986
Cottman Transmission Systems 1962
Year Franchised
Indy Lube 1989
Cottman Transmission Systems 1964
Term Of Agreement
Indy Lube 20 years +5-10
Cottman Transmission Systems 15 years
Renewal Fee
Indy Lube
Cottman Transmission Systems


Business Experience Requirements

Experience
Indy Lube
Cottman Transmission Systems *Total net worth requirement: $100,000+ *Cash Liquidity requirement: $50,000 - $75,000 *Industry experience *General Business experience *Marketing Skills

Financing Options

 
Franchise Fees
Indy Lube
Cottman Transmission Systems
Start-up Costs
Indy Lube
Cottman Transmission Systems
Equipment
Indy Lube}
Cottman Transmission Systems
Inventory
Indy Lube
Cottman Transmission Systems
Receivables
Indy Lube
Cottman Transmission Systems
Payroll
Indy Lube
Cottman Transmission Systems

Training & Support

Training
Indy Lube Headquarters 2-3 Weeks
Cottman Transmission Systems Training class room at Corporate Office - Horsham, PA (2 weeks) -Security/safety procedures
Support
Indy Lube Central Data Processing: At Additional Cost Central Purchasing: At Additional Cost Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline
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
Marketing
Indy Lube
Cottman Transmission Systems *Ad slicks *National media *Regional advertising
Operations
Indy Lube
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)

Expansion Plans

US Expansion
Indy Lube
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
Canada Expansion
Indy Lube
Cottman Transmission Systems
International Expansion
Indy Lube
Cottman Transmission Systems