Speedy Transmission Franchise
Transmission rebuilding and repair for foreign and domestic cars and trucks
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
It's time to give yourself permission to build your days around what's important to you! You're in Control!
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How much does it cost to open a Speedy Transmission Franchise ?
The investment required to open a Speedy Transmission Franchise is between $83,500 - $108,000 . There is an initial franchise fee of $24,500 which grants you the license to run a business under the Speedy Transmission name.
Individual Franchise Costs
- Initial Investment:
$83,500 - - Initial Franchise Fee:
$24,500 - Royalty Fee:
7% - Term of Agreement:
20 years - Renewal Fee:
50% of initial franchise fee
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s):
VSH
Training
Weekend training classes
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing
Ad slicks, Regional advertising
Speedy Transmission Growth History
When did the first Speedy Transmission open? 1983When did Speedy Transmission start Franchising ? 1984
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2007 | 28 | 0 | 0 | 0 |
| 2005 | 23 | 0 | 0 | 0 |
| 2004 | 23 | 0 | 0 | 0 |
| 2003 | 25 | 0 | 0 | 0 |
| 2002 | 27 | 0 | 0 | 0 |
| 2001 | 27 | 0 | 0 | 0 |
South, South East,
How much money you could make as a Speedy Transmission Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Speedy Transmission Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Legal Disclaimer: This information is not a franchise offering for Speedy Transmission and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Speedy Transmission franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.