Valvoline Instant Oil Change

Valvoline Instant Oil Change

Oil changes and preventive maintenance
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2021 Franchise 500 Rank
#20 Ranked #57 last year
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Initial investment
$181K - $3.2M
Units as of 2020
1,327 18.7% over 3 years

Company Overview

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.

About Valvoline Instant Oil Change

Industry
Automotive
Founded
1986
Parent Company
Valvoline Inc.
Leadership
Sam Mitchell, CEO
Ticker Symbol
NYSE:VVV

Franchising Overview

Franchising Since
1988 (33 years)
# of employees at HQ
196
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
1,327 (as of 2020)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
100 Valvoline Wy.
Lexington, KY 40509

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Valvoline Instant Oil Change franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000
Initial Investment
$181,000 - $3,158,500
Net Worth Requirement
$1,000,000
Cash Requirement
$600,000
Royalty Fee
4-6%
Ad Royalty Fee
3%
Term of Agreement
15 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Valvoline Instant Oil Change offers in-house financing to cover the following: equipment
Third Party Financing
Valvoline Instant Oil Change has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
288-312 hours
Classroom Training
70 hours
Additional Training
At opening
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
10
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Valvoline Instant Oil Change landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Valvoline Instant Oil Change ranked on other franchise lists? Find out below.

Ranked #20

Franchise 500 Ranking

Ranked #38

Fastest-Growing Franchises

Ranked #92

Fastest-Growing Franchises (U.S. & Canada)

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021