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Home >> Automotive >> Tune Ups, Lubes, & Oil Related
| Valvoline Instant Oil Change 3499 Blazer Pkwy. Lexington, KY 40509 |
Submit an online form to receive information from Valvoline Instant Oil Change.
|
Business Description
Offers licenses for the establishment and operation of a business which provides a quick oil change, chassis lubrication and routine maintenance checks on automobiles. The licensor and/or its affiliates will offer (to qualified prospects) leasing programs for equipment, signage, POS systems and mortgage based financing for land, building.
Franchisor Background
Year Established: 1988
Franchising Since: 1988
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Average Number of Employees: 4 Full-time, 2 Part-time
Space Needs (in square footage): 15,000
Preferred Sites: Free-standing Building
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
Offers licenses for the establishment and operation of a business which provides a quick oil change, chassis lubrication and routine maintenance checks on automobiles. The licensor and/or its affiliates will offer (to qualified prospects) leasing programs for equipment, signage, POS systems and mortgage based financing for land, building.
Franchisor Background
Year Established: 1988
Franchising Since: 1988
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 468 | 60.8% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 302 | 39.2% | |||||||||||||||||||||||||||||
Total Operating Units: | 770 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Ohio | 84 |
| 2. Minnesota | 67 |
| 3. Michigan | 57 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $600K |
| Cash Investment: | $400K |
| Total Investment: | $121K-1.3MM |
| Average Total Investment: | $706K |
| Fees: | |
| Initial Franchise Fee: | $30K |
| Average Franchise Fee: | $30K |
| On-Going Royalty: | 6% |
| Average Royalty: | 6% |
| Advertising Fee: | 2% |
Space Needs (in square footage): 15,000
Preferred Sites: Free-standing Building
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 2 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 5 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 15/5/5 Year(s) | ||||||||
| Term of Renewal Period: | Year(s) | ||||||||
| Passive Ownership: | Allowed | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 84 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Included in Fees | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Classroom/OJT/On-Site Training | 3+ Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Valvoline Instant Oil Change.
|
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