Express Oil Change & Tire Engineers

Oil changes, tire services, tune-ups, repairs
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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$1.9M - $2.7M
Units as of 2018
233 10.4% over 3 years

Company Overview

Former gas station manager Jim Lunceford founded Express Oil Change in 1979 after hearing about a West Coast business that offered quick oil changes. Lunceford brought the concept to Alabama, opened four centers and began franchising in 1984.

In 1996, franchisees Joe Watson and Ricky Brooks purchased Express Oil Change from Lunceford and began expanding the company into Florida, Mississippi, Tennessee, Georgia and the Carolinas. Two years later, the company purchased Tune-Up Clinics, a 28-store chain based in Atlanta. Twenty-five Tune-Up Clinic locations became Express Oil Change centers after the purchase.

About Express Oil Change & Tire Engineers

Industry
Automotive
Founded
1979
Parent Company
Golden Gate Capital
Leadership
Ricky Brooks, CEO

Franchising Overview

Franchising Since
1983 (38 years)
# of employees at HQ
90
Where seeking

This company is seeking new franchisees in the following US states: Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas

# of Units
233 (as of 2018)

Franchisor Information

Social
Facebook
Corporate Address
1880 Southpark Dr.
Birmingham, AL 35244

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Express Oil Change & Tire Engineers 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
$35,000
Initial Investment
$1,863,000 - $2,716,000
Net Worth Requirement
$500,000
Cash Requirement
$350,000
Royalty Fee
5%
Ad Royalty Fee
3%
Term of Agreement
10 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.

Third Party Financing
Express Oil Change & Tire Engineers 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
324 hours
Classroom Training
12 hours
Additional Training
At training centers
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
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
6
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Express Oil Change & Tire Engineers landed on this year’s Franchise 500 Ranking versus previous years.

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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