Express Oil ChangeOil changes, transmission, brakes, tire servicesBackground
Founded: 1979 Franchising since: 1983
Former gas station manager Jim Lunceford founded Express Oil Change in 1979 after hearing about a West Coast business that offered quick oil changes. Lunceford brought the concept to Alabama, opened four centers and began franchising in 1984.
In 1996, franchisees Joe Watson and Ricky Brooks purchased Express Oil Change from Lunceford and began expanding the company into Florida, Mississippi, Tennessee, Georgia and the Carolinas. Two years later, the company purchased Tune-Up Clinics, a 28-store chain based in Atlanta. Twenty-five Tune-Up Clinic locations became Express Oil Change centers after the purchase.
Franchisor is a privately-held company with 30 employee(s); 10 employee(s) in franchise department. Franchise Growth
Where Seeking Franchisees Not available in the U.S. Exclusive territories available. Special Programs Express Oil Change reduces its franchiseesÂ’ royalty fees based on sales. Top franchisees (Franchise of the Year, Developer of the Year and Rookie of the Year) are recognized at the companyÂ’s annual convention. Costs and Fees
Type of Financing Available
Third-party financing source(s): Citigroup, the SBA, SouthTrust Bank, AmSouth Bank, Compass Bank Qualifications Net worth requirement: $500K Cash liquidity requirement: $250K Business Experience:
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