Victory Lane Quick Oil Change

Oil changes, fluid maintenance services, car wash
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$43K - $1M
Unit data is unavailable
N/A

Company Overview

About Victory Lane Quick Oil Change

Related Categories Oil-Change Services, Automotive Repair & Maintenance Services, Miscellaneous Automotive Products & Services
Founded 1980
Parent Company Victory Lane Quick Oil Change, Inc.
Leadership Derrick Oxender, CEO
Corporate Address 405 Little Lake Dr.
Ann Arbor, MI 48103

Business Overview

Franchising Since 1986 (38 years)
# of employees at HQ 10
Line graph showing the number of units this franchise had for the last 5 years.
U.S. FranchisesInternationalCompany OwnedTotal

Information for Franchisees

Here's what you need to know if you're interested in opening a Victory Lane Quick 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 Information Circle
$15,000 - $30,000
Initial Investment Information Circle
$43,000 - $1,045,750
Net Worth Requirement Information Circle
$400,000
Cash Requirement Information Circle
$42,000 - $146,000
Royalty Fee Information Circle
6%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
20 years
Is franchise term renewable? Yes
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Financing Options

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

Third Party Financing Victory Lane Quick Oil Change has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

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 1 week
Classroom Training 2 weeks
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 4-6
Are exclusive territories available? Information Circle
Yes
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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022