Tire Warehouse vs Ryan Engine Exchange Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tire Warehouse vs Ryan Engine Exchange including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Tire Warehouse Ryan Engine Exchange
Investment 100000 - 342000 112000 - 112000
Franchise Fee 0
Royalty Fee 3% 5%
Advertising Fee
Year Founded 1971 1989
Year Franchised 1989 1997
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Tire Warehouse Ryan Engine Exchange
Experience General business experience Marketing skills General business experience

Financing Options

  Tire Warehouse Ryan Engine Exchange
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Tire Warehouse Ryan Engine Exchange
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Ad slicks Co-op advertising, Ad slicks
Operations 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) 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)

Expansion Plans

  Tire Warehouse Ryan Engine Exchange
US Expansion Connecticut, Massachusetts, Maine, New Hampshire, New York, Rhode Island, Vermont,
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Tire Warehouse
Ryan Engine Exchange
Franchise Fee
Tire Warehouse
Ryan Engine Exchange
Royalty Fee
Tire Warehouse 3%
Ryan Engine Exchange 5%
Advertising Fee
Tire Warehouse
Ryan Engine Exchange
Year Founded
Tire Warehouse 1971
Ryan Engine Exchange 1989
Year Franchised
Tire Warehouse 1989
Ryan Engine Exchange 1997
Term Of Agreement
Tire Warehouse 7 years
Ryan Engine Exchange 10 years
Renewal Fee
Tire Warehouse $1.5K
Ryan Engine Exchange


Business Experience Requirements

Experience
Tire Warehouse General business experience Marketing skills
Ryan Engine Exchange General business experience

Financing Options

 
Franchise Fees
Tire Warehouse No
Ryan Engine Exchange No
Start-up Costs
Tire Warehouse
Ryan Engine Exchange
Equipment
Tire Warehouse}
Ryan Engine Exchange
Inventory
Tire Warehouse
Ryan Engine Exchange
Receivables
Tire Warehouse
Ryan Engine Exchange
Payroll
Tire Warehouse
Ryan Engine Exchange

Training & Support

Training
Tire Warehouse
Ryan Engine Exchange
Support
Tire Warehouse Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Ryan Engine Exchange Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Tire Warehouse Ad slicks
Ryan Engine Exchange Co-op advertising, Ad slicks
Operations
Tire Warehouse 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Ryan Engine Exchange 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)

Expansion Plans

US Expansion
Tire Warehouse Connecticut, Massachusetts, Maine, New Hampshire, New York, Rhode Island, Vermont,
Ryan Engine Exchange
Canada Expansion
Tire Warehouse 0
Ryan Engine Exchange
International Expansion
Tire Warehouse
Ryan Engine Exchange