Next
60/500
Back

Valvoline Instant Oil Change

2014 Franchise 500
#60
At a Glance

Products & Services: Oil changes

Number of Locations: 916

Total Investment: $132.4K - $1.95M

Founded: 1986

Began Franchising: 1988

About Valvoline Instant Oil Change

Valvoline Instant Oil Change is a division of The Valvoline Co. and was created in 1986 with the purchase of quick-lube centers throughout New York, Minneapolis and Michigan. The public company began franchising in 1988 and is based in Lexington, Kentucky.

Franchise Units

Year U.S. Canadian International Company Owned
2014 644 0 0 272
2013 636 0 0 261
2012 604 0 0 264
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $132,425 - $1,946,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $600,000 - $1,000,000
Liquid Cash Available: $300,000 - $800,000
Operations
68% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2-4 days. At franchisee's location: 2 weeks. At regional offices : 4-5 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Other marketing support: Program support

Franchise Ranking History

Franchise 500®: #60 (2014), #62 (2013),
Fastest-Growing: #88 (2014),

Franchise Search

Looking to Start a Business?

Checkers/Rallys Drive-in Restaurants has opportunities available today.

Request Information

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise penalty-free. ($50k min)

Featured Franchises For Sale

West Coast Franchise Expo - October 23-25, 2014

From the Entrepreneur Bookstore

Franchise Bible, 7th Edition
Franchise Bible, 7th Edition
By Erwin J. Keup and Peter Keup
More Info