Speedy Transmission Centers
Speedy Transmission Centers
74 NE 4th Ave., # 1
Delray Beach, FL 33483
800#: (800) 336-0310
Tel: (561) 274-0445
Fax: (561) 274-6456
E-Mail: [email protected]
Web Site: www.speedytransmission.com
Contact: Mr. Dan Hinson, Franchise Sales
Centers repair, rebuild and recondition automatic and standard transmissions. Other drive train repair services also available. Training, marketing and operational assistance. Warranties are honored throughout the U.S. and Canada.
Franchisor Background
Established: 1974
First Franchise: 1974
Franchise Units: 30
Company-Owned Units: 0
Total Units: 30
Distribution:
U.S. -- 30;
Canada -- 0;
International -- 0
-North America -- Operations in 6 States
-States/Provinces with Greatest Density: 18 in FL, 7 in GA, 2 in CA
Projected New Units Over Next 12 months: 8
Franchisee Qualifications: 3, 3, 2, 4, 4, 3
(Click here for an explanation)
Registered in Following Registration States: FL (Click here for an explanation)
Average Number of Employees: 4 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,400 SF; FS, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $40K
Total Investment: $80-100K
Average Total Investment: $90.0K
Minimum Net Worth: $NR
Fees:
-Franchise: $19.5K
-Average Franchise Fee: $19.5K
-Royalty: 7%
-Average Royalty: 7.0%
-Advertising: $100/Mo.
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/10
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 4
On-Going Support: C,D,E,F,G,H,I (Click here for an explanation)
Training: 2 Weeks Home Office; 1 Week On-Site.
Franchisor's Specific Expansion Plans
U.S.: Southeast, Northeast
Canada: No
Overseas: Latin America
Note: NR = No Response by Franchisor.
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