SpeeDee Franchisees Are Positioned For Success
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. The EBITDAR average earnings for the top 48% of SpeeDee locations is $271,231.
Top 48% of SpeeDee Oil Change & Auto Service® Centers
Description | % | Total |
---|---|---|
Average SpeeDee Sales (Annual) | 100% | $1,299,010 |
COGS | 27% | $357,717 |
Salaries, Wages, Benefits | 30.5% | $403,889 |
Retail Operating/Office/ G & A Expenses | 11.4% | $150,555 |
Office and G & A Expenses / Royalty | 10.6% | $141,146 |
Average Earnings – EBITDAR | 20.5% | $271,231 |
*See Item 19 of our FDD for further detail earnings
EBITDAR = Earnings before interest, taxes, depreciation, amortization, and rent