Oil Can Henry's

At a Glance

Products & Services: Oil and filter maintenance

Number of Locations: 89

Total Investment: $235.9K - $297.9K

Founded: 1972

Began Franchising: 1988

About Oil Can Henry's

Oil Can Henry's was founded in 1972 and began franchising in 1988. It's a private company with more than 40 locations across the United States, and is based in Portland, Oregon.

Franchise Units

Year U.S. Canadian International Company Owned
2014 53 0 0 36
2013 54 0 0 33
2012 59 0 0 29
2011 59 0 0 29
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Arizona, California, Colorado, Florida, Idaho, New Mexico, Nevada, Southwest, West, Washington.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $235,886 - $297,925
Franchise Fee: $25,000
Ongoing Royalty Fee: 5.5%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $150,000
Operations
70% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4 - 15. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 5-6 weeks. At franchisee's location: 10 days+. Training available on an ongoing basis & as requested
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks, Regional advertising,
Other marketing support: TV & radio ads

Franchise Ranking History

Franchise 500®: #305 (2012),