SpeeDee Oil Change & Auto Service

Franchise fee: $15,000 to $39,900 depending on location type (new construction vs. conversion).

Royalty: 6% of gross revenues. This is standard for the automotive service category — at par with Take 5, below Precision Tune's 7.5%, and above Jiffy Lube's 5%.

Total investment: $291,320 to $1,972,033. The wide range reflects new multi-bay construction at the high end versus conversion of an existing quick-service automotive space at the low end. Most Speedee locations are converted from existing service stations or stand-alone automotive shops.

Speedee's Item 19 covers 36 franchisee-owned centers that were open for all of 2024 and provided complete P&L statements — 54.5% of 66 domestic franchised centers. The sample excludes incomplete reporters and centers not open the full year, so it skews toward more established, higher-revenue locations.

Average annual gross revenues: $1,420,159. The median was not separately disclosed. At $1,420,159 and 6% royalty, annual royalties are $85,210.

For context: at $1.4M in gross revenues and a typical quick-lube EBITDA margin of 15–20%, operating income before debt service is $213,000–$284,000. A $600K center acquisition (SBA 7(a), 10-year term at 7.5%) would carry $84,000/year in debt service, leaving meaningful owner income. The economics look favorable at this revenue level compared to the investment range midpoint.

Speedee has grown its system modestly: the franchised count was around 66 in 2024 (66 domestic franchised, 75 total including 9 company-operated). Growth from a small base is inherently lumpy — adding 5 units in a year is 7.5% growth, but losing 3 is also material. The brand's company-operated locations (12% of total) suggest the franchisor is actively developing and testing new markets before franchising them, which is a positive operational signal.

The brand is strongest in the South and Southwest, where quick-service automotive is a well-established consumer habit and competition from dealer service departments is less acute than in coastal markets. Geographic concentration means the brand's average revenues reflect well-suited markets — expansion into unfamiliar territory may produce different results.

The Item 19 sample covers only 36 of 66 franchised centers — 54.5%. Centers that didn't provide complete P&L statements were excluded, which could mean underperformers opted out of reporting. The FDD requires disclosure of why centers were excluded; verify whether the 45.5% non-reporting population includes closed or struggling locations.

At 75 total units, Speedee has almost no name recognition outside its core markets. Consumer awareness is built on local marketing investment and repeat-customer relationships, not national brand recall. Entering a new market where Speedee has zero presence means building consumer trust from scratch — without the brand-recognition tailwind that a Jiffy Lube or Valvoline franchisee gets on opening day.

The investment top of $1,972,033 for new construction is substantial for a 75-unit brand. At that capital level, you could access Jiffy Lube, Take 5, or Valvoline — all much larger brands with more established consumer demand. The investment-to-brand-size ratio at Speedee requires belief that the unit economics (which do appear strong in the reported sample) are durable and replicable in your market.