Start-Up Costs and Fees |
||
| Cottman Transmission Systems | Take 5 Oil Change | |
| Investment | 192000 - 230000 | 216469 - 905490 |
| Franchise Fee | 0 | |
| Royalty Fee | 7.50% | 7% |
| Advertising Fee | $765 Weekly | 5% |
| Year Founded | 1962 | 1984 |
| Year Franchised | 1964 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cottman Transmission Systems | Take 5 Oil Change | |
| Experience | *Total net worth requirement: $100,000+ *Cash Liquidity requirement: $50,000 - $75,000 *Industry experience *General Business experience *Marketing Skills | Our ideal candidate is someone looking for a high margin franchise investment and who should: Have a net worth of $1.5M+. Be an experienced business owner or a Franchise Owner of another brand who is looking to diversify, build wealth, and be first to market. Have management experience and a mentorship mentality. Have strong operations experience. |
Financing Options |
||
| Cottman Transmission Systems | Take 5 Oil Change | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cottman Transmission Systems | Take 5 Oil Change | |
| Training | Training class room at Corporate Office - Horsham, PA (2 weeks) -Security/safety procedures | On-The-Job Training: 120 hours Classroom Training: 55 hours |
| 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | *Ad slicks *National media *Regional advertising | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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 | Take 5 Oil Change | |
| 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 | Worldwide, Afghanistan, Albania, Algeria, American Samoa, Andorra, Anguilla, Antigua & Barbuda, Argentina, Aruba, Australia, Austria, Azores, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bolivia, Bonaire, Bosnia, Botswana, Brazil, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Canary Islands, Cape Verde Islands, Cayman Islands, Central African Republic, Chad, Channel Islands, Chile, China, Colombia, Congo, Cook Islands, Costa Rica, Croatia, Curacao, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, England, Equitorial Guinea, Eritrea, Estonia, Ethiopia, Faeroe Islands, Federated States of Micronesia, Fiji, Finland, France, French Guiana, French Polynesia, Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Holland, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Ivory Coast, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Kosrae, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Madeira, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mexico, Moldova, Monaco, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand, Nicaragua, Niger, Nigeria, Norfolk Island, Northern Ireland, Northern Mariana Islands, Norway, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Ponape, Portugal, Puerto Rico, Qatar, Republic of Yemen, Reunion, Romania, Rota, Russia, Rwanda, Saba, Saipan, Saudi Arabia, Scotland, Senegal, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Sri Lanka, St. Barthelemy, St. Christopher, St. Croix, St. Eustatius, St. John, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Martin, St. Thomas, St. Vincent & the Grenadines, Sudan, Suriname, Swaziland, Sweden, Switzerland, Syria, Tahiti, Taiwan, Tajikistan, Tanzania, Thailand, Tinian, Togo, Tonga, Tortola, Trinidad & Tobago, Truk, Tunisia, Turkey, Turks & Caicos Islands, Tuvalu, Uganda, Ukraine, Union Island, United Arab Emirates, United Kingdom, United States, Uruguay, US Virgin Islands, Uzbekistan, Vanuatu, Venezuela, Vietnam, Virgin Gorda, Wake Island, Wales, Wallis & Futuna Islands, Western Samoa, Yap, Yugoslavia, Zaire, Zambia, Zimbabwe |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cottman Transmission Systems | |
| Take 5 Oil Change | |
| Franchise Fee | |
| Cottman Transmission Systems | |
| Take 5 Oil Change | |
| Royalty Fee | |
| Cottman Transmission Systems | 7.50% |
| Take 5 Oil Change | 7% |
| Advertising Fee | |
| Cottman Transmission Systems | $765 Weekly |
| Take 5 Oil Change | 5% |
| Year Founded | |
| Cottman Transmission Systems | 1962 |
| Take 5 Oil Change | 1984 |
| Year Franchised | |
| Cottman Transmission Systems | 1964 |
| Take 5 Oil Change | 2016 |
| Term Of Agreement | |
| Cottman Transmission Systems | 15 years |
| Take 5 Oil Change | |
| Renewal Fee | |
| Cottman Transmission Systems | |
| Take 5 Oil Change | |
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 |
| Take 5 Oil Change | Our ideal candidate is someone looking for a high margin franchise investment and who should: Have a net worth of $1.5M+. Be an experienced business owner or a Franchise Owner of another brand who is looking to diversify, build wealth, and be first to market. Have management experience and a mentorship mentality. Have strong operations experience. |
Financing Options |
|
| Franchise Fees | |
| Cottman Transmission Systems | No |
| Take 5 Oil Change | No |
| Start-up Costs | |
| Cottman Transmission Systems | |
| Take 5 Oil Change | |
| Equipment | |
| Cottman Transmission Systems} | |
| Take 5 Oil Change | |
| Inventory | |
| Cottman Transmission Systems | |
| Take 5 Oil Change | |
| Receivables | |
| Cottman Transmission Systems | |
| Take 5 Oil Change | |
| Payroll | |
| Cottman Transmission Systems | |
| Take 5 Oil Change | |
Training & Support |
|
| Training | |
| Cottman Transmission Systems | Training class room at Corporate Office - Horsham, PA (2 weeks) -Security/safety procedures |
| Take 5 Oil Change | On-The-Job Training: 120 hours Classroom Training: 55 hours |
| 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 |
| Take 5 Oil Change | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Cottman Transmission Systems | *Ad slicks *National media *Regional advertising |
| Take 5 Oil Change | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) |
| Take 5 Oil Change | |
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 |
| Take 5 Oil Change | 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 | |
| Take 5 Oil Change | |
| International Expansion | |
| Cottman Transmission Systems | |
| Take 5 Oil Change | Worldwide, Afghanistan, Albania, Algeria, American Samoa, Andorra, Anguilla, Antigua & Barbuda, Argentina, Aruba, Australia, Austria, Azores, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bolivia, Bonaire, Bosnia, Botswana, Brazil, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Canary Islands, Cape Verde Islands, Cayman Islands, Central African Republic, Chad, Channel Islands, Chile, China, Colombia, Congo, Cook Islands, Costa Rica, Croatia, Curacao, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, England, Equitorial Guinea, Eritrea, Estonia, Ethiopia, Faeroe Islands, Federated States of Micronesia, Fiji, Finland, France, French Guiana, French Polynesia, Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Holland, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Ivory Coast, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Kosrae, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Madeira, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mexico, Moldova, Monaco, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand, Nicaragua, Niger, Nigeria, Norfolk Island, Northern Ireland, Northern Mariana Islands, Norway, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Ponape, Portugal, Puerto Rico, Qatar, Republic of Yemen, Reunion, Romania, Rota, Russia, Rwanda, Saba, Saipan, Saudi Arabia, Scotland, Senegal, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Sri Lanka, St. Barthelemy, St. Christopher, St. Croix, St. Eustatius, St. John, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Martin, St. Thomas, St. Vincent & the Grenadines, Sudan, Suriname, Swaziland, Sweden, Switzerland, Syria, Tahiti, Taiwan, Tajikistan, Tanzania, Thailand, Tinian, Togo, Tonga, Tortola, Trinidad & Tobago, Truk, Tunisia, Turkey, Turks & Caicos Islands, Tuvalu, Uganda, Ukraine, Union Island, United Arab Emirates, United Kingdom, United States, Uruguay, US Virgin Islands, Uzbekistan, Vanuatu, Venezuela, Vietnam, Virgin Gorda, Wake Island, Wales, Wallis & Futuna Islands, Western Samoa, Yap, Yugoslavia, Zaire, Zambia, Zimbabwe |