Start-Up Costs and Fees |
||
| Cottman Transmission Systems | Quick Lane Tire & Auto Center | |
| Investment | 192000 - 230000 | 282150 - 1820100 |
| Franchise Fee | 0 | |
| Royalty Fee | 7.50% | |
| Advertising Fee | $765 Weekly | |
| Year Founded | 1962 | 2017 |
| Year Franchised | 1964 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cottman Transmission Systems | Quick Lane Tire & Auto Center | |
| Experience | *Total net worth requirement: $100,000+ *Cash Liquidity requirement: $50,000 - $75,000 *Industry experience *General Business experience *Marketing Skills | |
Financing Options |
||
| Cottman Transmission Systems | Quick Lane Tire & Auto Center | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cottman Transmission Systems | Quick Lane Tire & Auto Center | |
| 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 |
||
| Cottman Transmission Systems | Quick Lane Tire & Auto Center | |
| 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 | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cottman Transmission Systems | |
| Quick Lane Tire & Auto Center | |
| Franchise Fee | |
| Cottman Transmission Systems | |
| Quick Lane Tire & Auto Center | |
| Royalty Fee | |
| Cottman Transmission Systems | 7.50% |
| Quick Lane Tire & Auto Center | |
| Advertising Fee | |
| Cottman Transmission Systems | $765 Weekly |
| Quick Lane Tire & Auto Center | |
| Year Founded | |
| Cottman Transmission Systems | 1962 |
| Quick Lane Tire & Auto Center | 2017 |
| Year Franchised | |
| Cottman Transmission Systems | 1964 |
| Quick Lane Tire & Auto Center | 2017 |
| Term Of Agreement | |
| Cottman Transmission Systems | 15 years |
| Quick Lane Tire & Auto Center | |
| Renewal Fee | |
| Cottman Transmission Systems | |
| Quick Lane Tire & Auto Center | |
Business Experience Requirements |
|
| Experience | |
| Cottman Transmission Systems | *Total net worth requirement: $100,000+ *Cash Liquidity requirement: $50,000 - $75,000 *Industry experience *General Business experience *Marketing Skills |
| Quick Lane Tire & Auto Center | |
Financing Options |
|
| Franchise Fees | |
| Cottman Transmission Systems | No |
| Quick Lane Tire & Auto Center | No |
| Start-up Costs | |
| Cottman Transmission Systems | |
| Quick Lane Tire & Auto Center | |
| Equipment | |
| Cottman Transmission Systems} | |
| Quick Lane Tire & Auto Center | |
| Inventory | |
| Cottman Transmission Systems | |
| Quick Lane Tire & Auto Center | |
| Receivables | |
| Cottman Transmission Systems | |
| Quick Lane Tire & Auto Center | |
| Payroll | |
| Cottman Transmission Systems | |
| Quick Lane Tire & Auto Center | |
Training & Support |
|
| Training | |
| Cottman Transmission Systems | Training class room at Corporate Office - Horsham, PA (2 weeks) -Security/safety procedures |
| Quick Lane Tire & Auto Center | |
| Support | |
| 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 |
| Quick Lane Tire & Auto Center | |
| Marketing | |
| Cottman Transmission Systems | *Ad slicks *National media *Regional advertising |
| Quick Lane Tire & Auto Center | |
| Operations | |
| 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) |
| Quick Lane Tire & Auto Center | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Quick Lane Tire & Auto Center | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Cottman Transmission Systems | |
| Quick Lane Tire & Auto Center | |
| International Expansion | |
| Cottman Transmission Systems | |
| Quick Lane Tire & Auto Center | |