Speedee Oil Change & Tune-Up
Speedee Oil Change & Tune-Up
159 Hwy. 22 East
Madisonville, LA 70447-1350
800#: (800) 451-7461
Tel: (985) 845-1919
Fax: (985) 845-1936
E-Mail: [email protected]
Web Site: www.speedeeoil.com
Contact: Mr. Mike O'Brien, Dir. Franchise Development
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 and transmission/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
Established: 1980
First Franchise: 1982
Franchise Units: 170
Company-Owned Units: 0
Total Units: 170
Distribution:
U.S. -- 111;
Canada -- 0;
International -- 59
-North America -- Operations in 15 States
-States/Provinces with Greatest Density: 50 in CA, 22 in LA, 10 in MA
Projected New Units Over Next 12 months: 14
Franchisee Qualifications: 5, 5, 3, 3, 3, 4
(Click here for an explanation)
Registered in Following Registration States: CA,VA,FL,HI (Click here for an explanation)
Average Number of Employees: 5 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,800 SF; FS
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $100-150K
Total Investment: $186-765.5K
Average Total Investment: $475.8K
Minimum Net Worth: $250K
Fees:
-Franchise: $30K
-Average Franchise Fee: $30.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 8%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 15/5/5
Passive Ownership: Discouraged
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 16
On-Going Support: C,D,E,G,H (Click here for an explanation)
Training: 3-Day Orientation Headquarters; 1 Week Local Office; 2 Weeks Shop.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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