Express Oil Change Services

Express Oil Change Services |

Express Oil Change Services Franchise report

Jan-1-2013 |

Oil Change Franchise Information

"Oil change franchises participate in a $6 billion national market and employ nearly 80,000 people. As Americans become increasingly domesticated, more and more are trusting their cars to oil change franchises rather than doing the servicing themselves."(Best Oil Change Franchises in USA in 2013)

There are 10 most popular Oil Change Franchises brands in United States:

1. Express Oil Change

2. Victory Lane Quick Oil Change

3. Auto-Lab Complete Car Care Centers

4.Brake King

5. Chevron

6. Jiffy Lube

7. Mike's Master Mechanics

8. National Motor Clube America

9. Oil Butler International

10. Oilstop-Drive Thru Oil Change Centers.Sed sit amet nulla non nisl ultrices vehicula.

Oil Change Franchise Information

Most valuable Investment Brand | | |

* Jiffy Lube Int'l. Inc

The decline of full-service gas stations in the 1970s left many consumers without their traditional sources for oil changes. Jiffy Lube began under Jim Hindman in 1979 as an association of seven fast-lube centers in the Western United States. Jiffy Lube Int'l. Inc. was acquired by Pennzoil-Quaker State Co. in the 1990s, which was then acquired by Shell Oil Company in 2002. Jiffy Lube has franchised locations throughout the U.S. and Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $196,500 - $304,000

Franchise Fee: $0 - $7,500

Ongoing Royalty Fee: 3%

Term of Franchise Agreement: 20 years, renewable

FINANCIAL REQUIREMENTS

Net Worth: $450,000

Liquid Cash Available: $150,000

OPERATIONS

80% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 10. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 2-4 weeks. Available at franchisee's...