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Valvoline Instant Oil Change
3499 Blazer Pkwy.
Lexington, KY 40509
800#: (800) 622-6846
Tel: (606) 357-7070
Fax: (606) 357-7049
E-mail:
Web Site: www.vioc.com
Contact: Mr. Van Ingram, Manager Franchise Sales/Dev.
Offers licenses and development agreements 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
| Established: |
1988; |
First Franchise: |
1988 |
| Franchise Units: |
206 |
| Company-Owned Units: |
400 |
| Total Units: |
606 |
Distribution:
U.S. -- 573;
Canada -- 0;
International -- 0
> North America -- Operations in 30 States
> States/Provinces with Greatest Density: 74 in OH, 61 in MI, 51 in MN
|
| Projected New Units Over Next 12 months: 60 |
| Franchisee Qualifications: 5, 4, 2, 3, 5, 5
(for an explanation
click here) |
| Registered in Following Registration States: All States |
| Average Number of Employees: 4 FT, 2 PT (FT = Full Time, PT = Part Time) |
| Space Needs: 15,000 SF; FS
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$150K |
|
| Total Investment: |
$81-193K; |
|
Average Total Investment: |
$137K |
|
| Minimum Net Worth: |
$200K |
|
| Fees: |
Franchise: |
$30K; |
Average Franchise Fee: |
$30K |
|
Royalty: |
4,5,6% |
|
Advertising: |
2% |
| Provide Earning Claim Statement: Yes
|
Terms of Contract
| Term of Contract (Years): |
15/5/5 |
| Passive Ownership: |
Allowed |
| Encourage Conversions: |
Yes |
| Area Development Agreements: |
No |
| Sub-Franchising Contracts: |
No |
| Expand In Territory: |
Yes |
Franchisor Support and Training Provided
| Financial Assistance: |
Yes(I) (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
Yes |
| Lease Negotiation Assistance: |
Yes |
| Cooperative Advertising: |
Yes |
| Franchisee Assoc. / Member: |
No |
| Size Of Corporate Staff: |
84 |
| On-Going Support: |
A,B,C,D,E,F,G,h,I
(for an explanation click
here) |
| Training: |
2 Days Real Estate and Construction Training in Lexington, KY; 4 Weeks Operational Train. |
Franchisor's Specific Expansion Plans
| U.S.: |
All United States |
| Canada: |
All Canada |
| Overseas: |
Mexico |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.