SpeeDee Oil Change & Auto Service FDD – Franchise Information, Costs and Fees
Type of Business
SpeeDee Oil Change & Auto Service businesses provide oil changes and preventive maintenance services for cars and trucks to the general public.
Corporate Information
SpeeDee Worldwide, LLC, a Delaware limited liability company was converted on January 30, 2017 from SpeeDee Worldwide Corporation, a Delaware corporation which was incorporated on February 1, 2008. Their principal business address is 5575 DTC Parkway, Suite 100, Greenwood Village, Colorado 80111. They, and their predecessors and affiliates began offering franchises for SpeeDee Centers in 1982.
Investment
The estimated total investment necessary to begin operation of a SpeeDee franchise ranges from $251,816 to $821,052, including between $20,000 and $49,900 which must be paid to the franchisor or its affiliates.
SpeeDee multi-unit franchisees acquire the right to open multiple franchises at reduced franchise fees, with a commitment to open a minimum of three SpeeDee Centers. If you sign a Multi-Unit Agreement for a three SpeeDee Center development, then in addition to the investments noted above for
the first Center, you must pay the franchisor a Multi-Unit Fee of $35,000. The fee increases by $15,000 for each additional Center you commit to develop.
