Speedy Transmission vs Mr. Lube Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Speedy Transmission vs Mr. Lube including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Speedy Transmission Mr. Lube
Investment 83500 - 108000 300000 - 500000
Franchise Fee 0
Royalty Fee 7%
Advertising Fee
Year Founded 1983 1976
Year Franchised 1984 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Speedy Transmission Mr. Lube
Experience General business experience Marketing skills

Financing Options

  Speedy Transmission Mr. Lube
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Speedy Transmission Mr. Lube
Training Weekend training classes
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
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)

Expansion Plans

  Speedy Transmission Mr. Lube
US Expansion South, South East,
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Speedy Transmission
Mr. Lube
Franchise Fee
Speedy Transmission
Mr. Lube
Royalty Fee
Speedy Transmission 7%
Mr. Lube
Advertising Fee
Speedy Transmission
Mr. Lube
Year Founded
Speedy Transmission 1983
Mr. Lube 1976
Year Franchised
Speedy Transmission 1984
Mr. Lube 0
Term Of Agreement
Speedy Transmission 20 years
Mr. Lube
Renewal Fee
Speedy Transmission 50% of initial franchise fee
Mr. Lube


Business Experience Requirements

Experience
Speedy Transmission General business experience Marketing skills
Mr. Lube

Financing Options

 
Franchise Fees
Speedy Transmission No
Mr. Lube No
Start-up Costs
Speedy Transmission
Mr. Lube
Equipment
Speedy Transmission}
Mr. Lube
Inventory
Speedy Transmission
Mr. Lube
Receivables
Speedy Transmission
Mr. Lube
Payroll
Speedy Transmission
Mr. Lube

Training & Support

Training
Speedy Transmission Weekend training classes
Mr. Lube
Support
Speedy Transmission Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Mr. Lube
Marketing
Speedy Transmission Ad slicks, Regional advertising
Mr. Lube
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)
Mr. Lube

Expansion Plans

US Expansion
Speedy Transmission South, South East,
Mr. Lube
Canada Expansion
Speedy Transmission
Mr. Lube 0
International Expansion
Speedy Transmission
Mr. Lube