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SpeeDee Worldwide

SpeeDee Oil Change & Auto Service offers a comprehensive menu of preventive maintenance services, tune-ups, mechanical work, and other repair services, delivered with speed, quality, and a remarkable experience for every customer, at every visit. SpeeDee is committed to earning our customers' trust through a transparent and educational service approach.

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SpeeDee Worldwide

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SpeeDee Worldwide Franchise Cost and Requirements for 2023

Background

Because SpeeDee Oil Change & Auto Service locations feature streamlined operations and low inventory-and because extensive franchisor-provided training on all things automotive means that franchisees need not obtain previous industry experience-the potential for a top-performing franchise location is high.

Company Details

Established: 1980
First Unit Franchised: 1986
Franchised Units: 182
Company Owned Units: 16
Available in all 50 states and U.S. territories
Canada Franchises: No
International Franchises: Yes

Support and Training Offered By SpeeDee Worldwide

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Cooperative Advertising: Yes
Training:
Our emphasis on training is an important distinction, and a big part of our brand identity. SpeeDee offers intensive startup training to new franchisees, including one week of instructor-led classroom training, and one week of in-store training for the entire crew prior to opening. We promote continuous learning, offering numerous training opportunities for franchisees and their employees throughout the year. We're especially proud of our online university, with hundreds of training courses covering topics like safety, automotive technical, ASE certification prep, customer service and relationships, management, and more.

2023 Franchise Requirements Needed to Own a SpeeDee Worldwide Franchise.

What does a SpeeDee Worldwide Franchise Cost?

SpeeDee Worldwide franchise fees for 2023:

Cash Investment: $150,000
Total Investment: $210,326-$798,642
Minimum Net Worth: $450,000
Franchise Fee: $39,900
Royalty: $225/week or 5% from brake products and brake repair services from the previous week plus 6% of Gross Revenues from all other products and services from the previous week
Ad: 6%
Item 19: Yes
Average Number of Employees: 8-10
Visa Candidates: Yes
Passive Ownership: Yes
Home-Based: No
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes

Is SpeeDee Worldwide a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. SpeeDee Worldwide is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is SpeeDee Worldwide a Home Based franchise?

No. SpeeDee Worldwide is not a home based franchise opportunity.

What Do SpeeDee Worldwide Franchise Owners Make?

Click here to find out how much SpeeDee Worldwide franchisees make. SpeeDee Worldwide offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is SpeeDee Worldwide a Master Franchise Opportunity?

No. SpeeDee Worldwide is not a master franchise opportunity.

Does SpeeDee Worldwide Offer a Veteran Discount?

Yes. SpeeDee Worldwide franchise does offer a veteran discount.

Does SpeeDee Worldwide Work with E2 Visa and EB-5 Visa Candidates?

Yes. SpeeDee Worldwide franchise does work with E2 Visa and EB-5 Visa candidates.

Is SpeeDee Worldwide Looking for Franchisees in Canada?

No. SpeeDee Worldwide franchise is not looking for Canada franchisees.

Is SpeeDee Worldwide Looking for International franchisees?

Yes. SpeeDee Worldwide franchise is looking for International franchisees.

Where can I see SpeeDee Worldwide's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Automotive, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

Yes

E2 Visa Franchise

Yes

SpeeDee Worldwide Franchises for Sale

Click Here to inquire about existing SpeeDee Worldwide franchises for sale. We may have SpeeDee Worldwide franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

Franchises Similar to SpeeDee Worldwide

Turbo Tint, Cottman Transmission and Total Auto Care, RNR Tire Express, Alloy Wheel Repair Specialists, K & N Mobile, Big O Tires, ALSET Auto, Byrider, Merlin Complete Auto Care, Christian Brothers Automotive, Jiffy Lube, Colors On Parade, Valvoline Instant Oil Change, Ziebart International Corporation, CARSTAR, Take 5 Oil Change, Spiffy, Victory Lane Quick Oil Change

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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