Business Description

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

Year Established:  1974

Franchising Since:  1974

Operating Units:
Franchised Units:	30	100%
Company-Owned Units:	0	0%
Total Operating Units:	30	100.0%
Geographic Distribution: U.S.: 30 100% In 6 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 30 100.0%

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

Density	Units
1. California	2
2. Florida	18
3. Georgia	7

Registered in Following Registration States: Florida

Financial Requirements

Investment:
Minimum Net Worth:	$
Cash Investment:	$40K
Total Investment:	$80-100K
Average Total Investment:	$90K
Fees:
Initial Franchise Fee:	$19.5K
Average Franchise Fee:	$20K
On-Going Royalty:	7%
Average Royalty:	7%
Advertising Fee:	$100/Mo.

Average Number of Employees: 4 Full-time, 1 Part-time

Space Needs (in square footage): 2,400

Preferred Sites: Free-standing Building, Strip Center

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	2
Formal Education:	4
Psychological Profile:	4
Personal Interview(s):	3
Terms of Contract
Term of Initial Contract:	20 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	4
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:	Not Applicable
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. Home Office	2 Weeks
2. On-Site	1 Week
Expansion Plans
Projected New Units Over Next 12 months: 8 U.S.: Yes, Southeast, Northeast Canada: No Overseas: Yes, Latin America	Request Franchisor Info   Submit an online form to receive information from Speedy Transmission Centers.