Ryan Engine Exchange Franchise
Saturday, April 24, 2010 at 11:19AM Engine remanufacturer
Since 1989, Ryan Engine Exchange locations have been installing remanufactured engines. Customers bring in an old engine and exchange it for a new one, which is installed on the premises. Using a system developed by the company's founder, Greg Ryan, old engines are refurbished in 3 days.
Start-up Costs & Franchises Fees
What is the total cost to open a Ryan Engine Exchange Franchises?
Total Cost: $112,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Contact Information for Ryan Engine Exchange
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Ryan Engine Exchange |
Phone Number: (303)232-0012 |
Historical Expansion
In what year did Ryan Engine Exchange begin operations? 1989
When did Ryan Engine Exchange begin selling franchises? 1997
Year United States Canada International Corporate 2002 8 0 0 1 2001 3 0 0 1 2000 1 0 0 1 1999 0 0 0 1 1998 0 0 0 1
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): the SBA, banks, leasing companies
Training & Support
Support
Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks
Franchise Operation Restrictions
0% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 4
Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Jason Rager | Comments Off | 



