Business Description

SPEEDEE offers preventive auto maintenance services, specializing in a 17-point quick oil change, diagnostic tune-up and brake services. Also offered: fuel system cleanings, a/c services, radiator flushes, emission/smog checks andtransmission/differential services. No appointment necessary. Performed while you wait. Successful franchisees are enthusiastic, have a strong commitment to customer service and people management skills. Retail experience preferred.

Franchisor Background

Year Established:  1980

Franchising Since:  1982

Operating Units:
Franchised Units:	170	100%
Company-Owned Units:	0	0%
Total Operating Units:	170	100.0%
Geographic Distribution: U.S.: 111 65.3% In 15 States Canada: 0 0% In 0 Canadian Provinces International: 59 34.7% In 0 Foreign Countries   Total: 170 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. California	50
2. Louisiana	22
3. Massachusetts	10

Registered in Following Registration States: California, Florida, Hawaii, Virginia

Financial Requirements

Investment:
Minimum Net Worth:	$250K
Cash Investment:	$100-150K
Total Investment:	$186-765.5K
Average Total Investment:	$476K
Fees:
Initial Franchise Fee:	$30K
Average Franchise Fee:	$30K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	8%

Average Number of Employees: 5 Full-time, 2 Part-time

Space Needs (in square footage): 2,800

Preferred Sites: Free-standing Building

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	5
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	4
Terms of Contract
Term of Initial Contract:	15/5/5 Year(s)
Term of Renewal Period:	Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 0 Year(s)
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:	16
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	Yes
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:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Not Applicable
Training:
1. Headquarters	3-Day Orientation
2. Local Office	1 Week
3. Shop	2 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 14 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: Yes, All Countries	Request Franchisor Info   Submit an online form to receive information from Speedee Oil Change & Tune-Up.