#305
At a Glance
Products & Services: Automotive lubrication & filter maintenance
Number of Locations: 88
Total Investment: $235.89K - 297.93K
Founded: 1972
Began Franchising: 1988
Private Owned
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 |
| 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.
Arizona, California, Colorado, Florida, Idaho, New Mexico, Nevada, Southwest, West, Washington.
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
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).| Financing Type | In-House | Third Party |
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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,
Marketing Support: Ad slicks, Regional advertising,
Other marketing support: TV & radio ads
Franchise Ranking History
Franchise 500®: #305 (2012),