Summary
General
Industry
A general sector of the franchise economy that helps characterize franchise concepts offering similar goods and/or services
Business & Professional Services
Category
A subset sector of industry characterizing franchise concepts offering similar goods and/or services
Marketing
Year of Founding
1968
Works with Franchise Brokers
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Seeking Franchisees?
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Remote Management?
Indicates if the business can be managed by a manager remotely
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Fees & Financing
Royalty Fee
Ongoing fee paid by a franchisee to the franchisor as part of the franchise agreement
6%
Marketing Fee
Amount of gross revenues required by the franchisor for marketing purposes
2%
Franchise Fee
$52,500
Investment Range
$253K-$306K
SBA Loan Approved
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Location units
Total U.S. Locations
127
U.S. Franchised Units
127
U.S. Corporate Units
Headquarters (City, State)
Mission Viejo, CA
Square Footage
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Retail Location?
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Other
Item 19 - Franchise Financials
Yes
Started Offering Franchises
1968
Issuance of FDD Data
2024-03-29
E-2 Visa Eligibility
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Job Count ?
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Key Financial Indicators
Figure
Industry %
Percentage of franchises with figures less than the figure for this franchise
Franchise Payback Period
Calculated based on ramp-up time, average unit volume, and profitability
Loan Success Ratio
# of SBA loans paid in full to loans that were charged off
Loan Default Rate
# of SBA loans recognized as a loss divided by total loans
Sales-to-Investment Ratio
Indicator of general economics for a franchise
Resale Value
Based on the earnings and multiples for this industry
Resale Value-to-Investment
Higher ratio indicates higher potential for returns
Franchise Cost
Franchise Fee
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
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Franchise Disclosure Document Summary
Download the latest Franchise Disclosure Documents (FDD’s) for this franchise.
FDD Year Available for Purchase Download
2024
Add to CartUnlock access
2023
Add to CartUnlock access
2022
Add to CartUnlock access
2021
Add to CartUnlock access
2020
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Reported and Estimated Franchise Gross Sales and Earnings
Find available key financial metrics below.
Year
Gross Sales
Reported or estimated gross sales, representing sales generated by a single franchise unit over a period of one year.
Amount for the period Y/Y % Change
Earnings (Owner Operator)
Average expected earnings, based on industry margins, for a single franchise unit where the owner is the primary operator.
Amount for the period Y/Y % Change
Earnings (Semi-Absentee)
Average expected earnings, based on industry margins, for a single franchise unit where the owner is not the primary operator.
Amount for the period Y/Y % Change
2023
2022
2021
2020
2019
Franchise Openings and Closures
| Year | Start of year | Units opened | Units closed | Reacquired by franchisor | Total end of year |
|---|---|---|---|---|---|
| 2023 | 129 | 1 | 3 | 0 | 127 |
| 2022 | 134 | 1 | 6 | 0 | 129 |
| 2021 | 145 | 0 | 11 | 0 | 134 |
| 2020 | 148 | 1 | 4 | 0 | 145 |
| 2019 | 154 | 1 | 7 | 0 | 148 |
| 2018 | 159 | 1 | 6 | 0 | 154 |
| 2017 | 181 | 1 | 14 | 0 | 168 |
| 2016 | 198 | 0 | 17 | 0 | 181 |
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Key Metrics & Financials
Detailed Metrics
Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz.
You can find the available metrics for Sir Speedy below.
“N/A” or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable.
When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.
Franchise Health Metrics
Growth Rate
Measures the overall growth of units for the franchise divided by the total units during a given time period
1 year / 3 years
Failure Rate
Measures the overall number of units that failed divided by the total units for the franchise during a given time period
1 year / 3 years
Franchise for Sale Rate
Measures the number of units that were transferred or reacquired by the franchisor divided by the total units for the franchise during a given time period
1 year / 3 years
Sir Speedy
Industry median
All franchises median
-1% / -12%
8% / 8%
8% / 8%
3% / 16%
8% / 8%
8% / 8%
4% / 13%
8% / 8%
8% / 8%
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Franchise Viability Benchmarking
Investment Midpoint
Franchise Fee Midpoint
Franchise Payback Period
Gross sales
Royalty Fee
Sir Speedy
Industry median
All franchises median
$279,277
$8888
$8888
$52,500
$8,888
$8,888
8.8 years
8.8 years
8.8 years
$8,888
$8,888
$8,888
6%
8%
8%
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Franchisor Financials
Year
Franchisor Revenue
Amount for the period Y/Y % Change
Franchisor Royalty Fees
Amount for the period Y/Y % Change
Franchisor EBITDA
Amount for the period Y/Y % Change
Franchisor Net Income (Loss)
Amount for the period Y/Y % Change
2022
2021
2020
2019
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
%8
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Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Franchisor company financial information and financial performance representations, if disclosed by the franchisor.
Litigation & Bankruptcies
Lawsuits and Litigation
Pending and concluded litigation
Bankruptcies
Disclosed bankruptcy information
Content Library
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Contacts & Social Media
Website
Phone
(***) ***-***
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Corporate Email
m***@****.com
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State
California
City
Mission Viejo
Zip Code
92691
Mailing adress
26722 Plaza
What to know about Sir Speedy franchise?
Since its inception in 1968 , Sir Speedy franchise has stood as a cornerstone in the global Business & Professional Services. With a pioneering role in the franchise business, Sir Speedy has consistently set the standard for excellence and innovation. It's worth noting that Sir Speedy began offering franchises in 1968, marking a significant milestone in the company's history.
Additional Details
The cost of opening a Sir Speedy franchise can vary depending on a number of factors. On average, you can expect to invest between $253K-$306K. This range includes expenses like the initial franchise fee, equipment, signage, seating, and other essential costs.
The profitability of a Sir Speedy franchise can vary widely depending on factors such as location, operating costs, management efficiency, and local market conditions. If you are interested in knowing more about how profitable a Sir Speedy franchise is and its average unit volume, make sure to click here and become a Vetted Member to unlock access.
Sir Speedy franchise owners generally make between per year. However, this can vary based on factors like location and experience. Owners in expensive cities like New York or San Francisco tend to earn more. Additionally, seasoned operators typically earn more than new franchisees.
Sir Speedy operates a vast network of franchise locations, with a total of 127 in the United States alone. Out of these, 127 are franchised units, while 0 are corporate-owned. This extensive franchise presence showcases the brand's widespread reach and popularity in the U.S. market.
The franchise fee for Sir Speedy typically ranges from 50000 to 55000. Additionally, franchisees are required to pay a royalty fee of 6% and a marketing fee of 2% of their monthly sales. These fees contribute to the ongoing support, marketing efforts, and brand development provided by Sir Speedy to its franchise network.
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