Speedy Auto Service has been in business in Canada since 1956 and today operates as part of the Fix Network group — a genuinely different company from the Belron-owned Speedy Glass, even though the names look similar enough that it's worth clearing up early in any resale conversation. This is a general auto repair and maintenance format, not a glass-repair one, and diligence should be scoped accordingly.
Speedy Auto Service resales follow the franchisor's own approval process on top of the usual purchase mechanics — here's how the two run together.
Getting approved
The offer sets price and structure, conditioned on franchisor consent and a review of general maintenance service records and any open customer warranty commitments.
1–2 weeks†The franchisor reviews the proposed buyer and may exercise a right of first refusal before the sale can proceed.
several weeks, typically†A franchise disclosure document may still be required for this resale — Ontario courts read the resale-disclosure exemption narrowly, so franchisor involvement in the sale can trigger it even where it's called a private deal.
assessed early†Getting to closing
The lease needs landlord consent to assign, alongside a screening-level review of used oil, tire, and coolant disposal history on site.
2–6 weeks†Speedy's own service-standards training is separate from general mechanic licensing, and is typically completed by the incoming owner or manager.
1–3 weeks†Funds and keys change hands, equipment and bay condition are confirmed, and the franchisor confirms the transfer is complete.
1 day, once conditions are met†CFA Look For A Franchise listing confirms an established Canadian auto repair and maintenance franchise network, in business since 1956, CFA member since 2008; part of the Fix Network group (a separate brand/franchise system from the Belron-owned Speedy Glass)
Ontario auto-repair shops within its long-established Canadian franchise network
This is the first real decision in a Speedy Auto Service resale — and it changes what you're buying, what you're taking on, and how the franchise agreement moves.
| Question | Asset purchase | Share purchase |
|---|---|---|
| What you buy | The shop's equipment, leasehold improvements, inventory, and the franchise agreement's benefit, subject to franchisor consent. | The shares of the operating company — everything it owns, and everything it owes. |
| Seller's liabilities | Generally stay behind with the seller's existing corporation. | Generally come with the company, known and unknown. |
| Franchise agreement | Consent required for the specific unit, often paired with a current-form agreement. | Consent required for the change of control itself. |
| Brand-identity clarity | Because the Speedy Auto Service name is sometimes confused with the separately-owned Speedy Glass, purchase paperwork, financing documents, and lease assignments should carry the full, correct legal and trade names to avoid mix-ups later. | The same naming-clarity point applies to the corporate name and any registered trade names on file. |
| Environmental exposure | A screening-level review of used oil, tire, and coolant disposal history is standard before assets change hands. | Environmental exposure attaches to the corporation, so historical handling practices matter even more on a share sale. |
| The lease | Needs the landlord's written consent to assign into the buyer's name. | Usually stays in place, unless the lease has its own change-of-control clause. |
The shop's equipment, leasehold improvements, inventory, and the franchise agreement's benefit, subject to franchisor consent.
The shares of the operating company — everything it owns, and everything it owes.
Generally stay behind with the seller's existing corporation.
Generally come with the company, known and unknown.
Consent required for the specific unit, often paired with a current-form agreement.
Consent required for the change of control itself.
Because the Speedy Auto Service name is sometimes confused with the separately-owned Speedy Glass, purchase paperwork, financing documents, and lease assignments should carry the full, correct legal and trade names to avoid mix-ups later.
The same naming-clarity point applies to the corporate name and any registered trade names on file.
A screening-level review of used oil, tire, and coolant disposal history is standard before assets change hands.
Environmental exposure attaches to the corporation, so historical handling practices matter even more on a share sale.
Needs the landlord's written consent to assign into the buyer's name.
Usually stays in place, unless the lease has its own change-of-control clause.
We tell you which structure fits — before you sign anything.
No open-ended hourly surprises — the cost is confirmed in writing before any work begins.
| Type of work | Fee | How it's confirmed |
|---|---|---|
| Straightforward purchase or sale | Starting from $3,388.87 Our charges · taxes included | Confirmed in writing once we see the agreement. |
| Larger or more complex deal | Quoted to scope | Short call → fixed written quote before any work begins. |
| Searches, filings & third-party fees | At cost | Itemized on your invoice, not marked up. |
A single Speedy Auto Service bay changing hands with clear, unambiguous naming on all transfer paperwork.
Start my file →A resale involving a long-tenured lease with renewal history to confirm, or a buyer folding the shop into a broader repair-shop portfolio.
Book a consultation →Not sure which you are? That's our job to figure out, not yours. As a rough guide, most deals under a couple of million dollars are the first kind — above that, you're usually in Mergers & Acquisitions territory.
No — they're separately owned. Speedy Auto Service operates as part of the Fix Network group offering general auto repair and maintenance, while Speedy Glass is a different, Belron-owned business focused on glass repair. It's worth making sure paperwork and supplier accounts don't conflate the two.
Diligence typically focuses on how used oil, tires, and coolant have been stored and disposed of — a standard screening-level review for a general auto maintenance format.
Possibly. Ontario courts have read the resale-disclosure exemption narrowly, and franchisor involvement in matching a buyer to a seller can be enough to trigger a full disclosure requirement even where the deal is framed as a private resale.
It can — many Speedy shops have operated for decades, so confirming lease renewal history and any accumulated deferred-maintenance items on the building itself is worth the extra look before closing.
Speedy's own service-standards training program is separate from general automotive licensing, and is typically completed by the incoming owner or a designated manager around the time of transfer.
Related
Where we close franchise resale deals
Treadstone Law is an independent law firm. We act for buyers and sellers of franchise businesses. We are not affiliated with, endorsed by, or retained by Speedy Auto Service or its franchisor.
Tell us about your Speedy Auto Service resale — we'll point you the right way and confirm the cost in writing before any work begins.