Start-Up Costs and Fees |
||
| Speedy Transmission | Lubepro's International Inc. | |
| Investment | 83500 - 108000 | 223000 - 274000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 5% |
| Advertising Fee | 5% | |
| Year Founded | 1983 | 1978 |
| Year Franchised | 1984 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Speedy Transmission | Lubepro's International Inc. | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Speedy Transmission | Lubepro's International Inc. | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Speedy Transmission | Lubepro's International Inc. | |
| Training | Weekend training classes | 1. Rockford, IL 10 Days 2. In-Store 7 Days |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
| Marketing | Ad slicks, Regional advertising | |
| Operations | 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) | Average Number of Employees: 9 Full-time, 0 Part-time Passive Ownership: Allowed |
Expansion Plans |
||
| Speedy Transmission | Lubepro's International Inc. | |
| US Expansion | South, South East, | Illinois, Indiana, Minnesota, Wisconsin |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Speedy Transmission | |
| Lubepro's International Inc. | |
| Franchise Fee | |
| Speedy Transmission | |
| Lubepro's International Inc. | |
| Royalty Fee | |
| Speedy Transmission | 7% |
| Lubepro's International Inc. | 5% |
| Advertising Fee | |
| Speedy Transmission | |
| Lubepro's International Inc. | 5% |
| Year Founded | |
| Speedy Transmission | 1983 |
| Lubepro's International Inc. | 1978 |
| Year Franchised | |
| Speedy Transmission | 1984 |
| Lubepro's International Inc. | 1985 |
| Term Of Agreement | |
| Speedy Transmission | 20 years |
| Lubepro's International Inc. | 20 Years +10+10 |
| Renewal Fee | |
| Speedy Transmission | 50% of initial franchise fee |
| Lubepro's International Inc. | |
Business Experience Requirements |
|
| Experience | |
| Speedy Transmission | General business experience Marketing skills |
| Lubepro's International Inc. | |
Financing Options |
|
| Franchise Fees | |
| Speedy Transmission | No |
| Lubepro's International Inc. | No |
| Start-up Costs | |
| Speedy Transmission | |
| Lubepro's International Inc. | |
| Equipment | |
| Speedy Transmission} | |
| Lubepro's International Inc. | |
| Inventory | |
| Speedy Transmission | |
| Lubepro's International Inc. | |
| Receivables | |
| Speedy Transmission | |
| Lubepro's International Inc. | |
| Payroll | |
| Speedy Transmission | |
| Lubepro's International Inc. | |
Training & Support |
|
| Training | |
| Speedy Transmission | Weekend training classes |
| Lubepro's International Inc. | 1. Rockford, IL 10 Days 2. In-Store 7 Days |
| Support | |
| Speedy Transmission | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Lubepro's International Inc. | Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
| Marketing | |
| Speedy Transmission | Ad slicks, Regional advertising |
| Lubepro's International Inc. | |
| Operations | |
| Speedy Transmission | 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) |
| Lubepro's International Inc. | Average Number of Employees: 9 Full-time, 0 Part-time Passive Ownership: Allowed |
Expansion Plans |
|
| US Expansion | |
| Speedy Transmission | South, South East, |
| Lubepro's International Inc. | Illinois, Indiana, Minnesota, Wisconsin |
| Canada Expansion | |
| Speedy Transmission | |
| Lubepro's International Inc. | |
| International Expansion | |
| Speedy Transmission | |
| Lubepro's International Inc. | |