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Home >> Automotive >> General Auto Repair Services
| Ryan Engine Exchange 2465 W. Evans Denver, CO 80219 |
Submit an online form to receive information from Ryan Engine Exchange.
|
Business Description
RYAN ENGINE EXCHANGE installs and exchanges remanufactured engines. The old engine is exchanged for a new engine and the new engine is installed on the premises. Using the system developed by Ryan, the turn around time is 3 days and a factory warranty of 5 years - 50,000 miles is given.
Franchisor Background
Year Established: 1987
Franchising Since: 1999
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States:
Financial Requirements
Average Number of Employees: 4 Full-time, 1 Part-time
Space Needs (in square footage): 2,500
Preferred Sites:
Other Sites: Warehouse
Encourage Conversions? Yes
Earnings Claims Provided?: No
RYAN ENGINE EXCHANGE installs and exchanges remanufactured engines. The old engine is exchanged for a new engine and the new engine is installed on the premises. Using the system developed by Ryan, the turn around time is 3 days and a factory warranty of 5 years - 50,000 miles is given.
Franchisor Background
Year Established: 1987
Franchising Since: 1999
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 12 | 92.3% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 1 | 7.7% | |||||||||||||||||||||||||||||
Total Operating Units: | 13 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Colorado | 13 |
Registered in Following Registration States:
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $50K |
| Cash Investment: | $40K |
| Total Investment: | $78-112.8K |
| Average Total Investment: | $95K |
| Fees: | |
| Initial Franchise Fee: | $20K |
| Average Franchise Fee: | $20K |
| On-Going Royalty: | 3% or $30/engine |
| Average Royalty: | 3% |
| Advertising Fee: | 5% Local |
Space Needs (in square footage): 2,500
Preferred Sites:
Other Sites: Warehouse
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 2 | ||||||||
| Formal Education: | 1 | ||||||||
| Psychological Profile: | 2 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 15 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 3 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Denver | 1 Week | ||||||||
| 2. Factory in Nebraska | 3 Days | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Ryan Engine Exchange.
|
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