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Jason Rager is President of Franchise Analyzer.

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Saturday
Apr242010

Ryan Engine Exchange Franchise

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

Ryan Engine Exchange
2465 W. Evans Ave.
Denver, CO
80219

Phone Number: (303)232-0012
Fax Number: (303)205-0172

Franchise Homepage:

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? Yes
    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
    Please 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.