Victory Lane Quick Oil Change vs Cottman Transmission Systems Franchise Comparison

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

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


Business Experience Requirements
  Victory Lane Quick Oil Change 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
  Victory Lane Quick Oil Change Cottman Transmission Systems
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Victory Lane Quick Oil Change 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
  Victory Lane Quick Oil Change 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
Victory Lane Quick Oil Change
Cottman Transmission Systems
Franchise Fee
Victory Lane Quick Oil Change
Cottman Transmission Systems
Royalty Fee
Victory Lane Quick Oil Change 6%
Cottman Transmission Systems 7.50%
Advertising Fee
Victory Lane Quick Oil Change 2%
Cottman Transmission Systems $765 Weekly
Year Founded
Victory Lane Quick Oil Change 1980
Cottman Transmission Systems 1962
Year Franchised
Victory Lane Quick Oil Change 1986
Cottman Transmission Systems 1964
Term Of Agreement
Victory Lane Quick Oil Change 10 years
Cottman Transmission Systems 15 years
Renewal Fee
Victory Lane Quick Oil Change $4,500
Cottman Transmission Systems


Business Experience Requirements
Experience
Victory Lane Quick Oil Change
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
Victory Lane Quick Oil Change No
Cottman Transmission Systems No
Start-up Costs
Victory Lane Quick Oil Change
Cottman Transmission Systems
Equipment
Victory Lane Quick Oil Change}
Cottman Transmission Systems
Inventory
Victory Lane Quick Oil Change
Cottman Transmission Systems
Receivables
Victory Lane Quick Oil Change
Cottman Transmission Systems
Payroll
Victory Lane Quick Oil Change
Cottman Transmission Systems

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