Speedee Oil Change & Tune-Up vs Cottman Transmission Systems Franchise Comparison

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

Start-Up Costs and Fees
  Speedee Oil Change & Tune-Up Cottman Transmission Systems
Investment 188305 - 527970 192000 - 230000
Franchise Fee 0
Royalty Fee 6% 7.50%
Advertising Fee 6% $765 Weekly
Year Founded 1980 1962
Year Franchised 1982 1964
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Speedee Oil Change & Tune-Up 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
  Speedee Oil Change & Tune-Up Cottman Transmission Systems
 
Franchise Fees Yes No
Start-up Costs Yes No
Equipment Yes No
Inventory Yes No
Receivables Yes No
Payroll Yes No

Training & Support
  Speedee Oil Change & Tune-Up Cottman Transmission Systems
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
  Speedee Oil Change & Tune-Up 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 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Speedee Oil Change & Tune-Up
Cottman Transmission Systems
Franchise Fee
Speedee Oil Change & Tune-Up
Cottman Transmission Systems
Royalty Fee
Speedee Oil Change & Tune-Up 6%
Cottman Transmission Systems 7.50%
Advertising Fee
Speedee Oil Change & Tune-Up 6%
Cottman Transmission Systems $765 Weekly
Year Founded
Speedee Oil Change & Tune-Up 1980
Cottman Transmission Systems 1962
Year Franchised
Speedee Oil Change & Tune-Up 1982
Cottman Transmission Systems 1964
Term Of Agreement
Speedee Oil Change & Tune-Up
Cottman Transmission Systems 15 years
Renewal Fee
Speedee Oil Change & Tune-Up
Cottman Transmission Systems


Business Experience Requirements
Experience
Speedee Oil Change & Tune-Up
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
Speedee Oil Change & Tune-Up Yes
Cottman Transmission Systems Yes
Start-up Costs
Speedee Oil Change & Tune-Up
Cottman Transmission Systems
Equipment
Speedee Oil Change & Tune-Up}
Cottman Transmission Systems
Inventory
Speedee Oil Change & Tune-Up
Cottman Transmission Systems
Receivables
Speedee Oil Change & Tune-Up
Cottman Transmission Systems
Payroll
Speedee Oil Change & Tune-Up
Cottman Transmission Systems

Training & Support
Training
Speedee Oil Change & Tune-Up
Cottman Transmission Systems Training class room at Corporate Office - Horsham, PA (2 weeks) -Security/safety procedures
Support
Speedee Oil Change & Tune-Up
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
Speedee Oil Change & Tune-Up
Cottman Transmission Systems *Ad slicks *National media *Regional advertising
Operations
Speedee Oil Change & Tune-Up
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
Speedee Oil Change & Tune-Up
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
Speedee Oil Change & Tune-Up 0
Cottman Transmission Systems
International Expansion
Speedee Oil Change & Tune-Up
Cottman Transmission Systems