Victory Lane Quick Oil Change

Founded: 1980 Franchising since: 1986

405 Little Lake Dr. Ann Arbor, Michigan 48103

Phone: (734)996-1196

Franchisor is a privately-held company with 10 employee(s); 4 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2008	35	0	0	5
2007	35	0	0	5
2006	35	0	0	5
2005	30	0	0	6

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 1-mile radius single stores

Total investment: $230.5K-795K Franchise fee: $15K/30K

Ongoing royalty fee: 6% Term of agreement: 20 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $100K
Business Experience:

• General business experience
• Marketing skills

Operations

• 40% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 4 - 6
• Absentee ownership of franchise is allowed. (60% of current franchisees are owner/operators)

Training

• Available at headquarters: 2 weeks
• At franchisee's location: 1 week
• Online support : As needed

Ongoing Support

• Newsletter
• Meetings
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• Regional advertising