My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Express Oil Change & Tire Engineers
#120 Franchise 500| Oil changes, tire services, tune-ups, repairs

Express Oil Change & Tire Engineers
Oil changes, tire services, tune-ups, repairs

About
Founded

1979

Franchising Since

1983 (35 Years)

Corporate Address

1880 Southpark Dr.
Birmingham, AL 35244

CEO

Ricky Brooks

Parent Company

Golden Gate Capital

Financial Requirements
Initial Investment

$1,863,000 - $2,496,000

Net-worth Requirement

$500,000

Liquid Cash Requirement

$350,000

Ongoing Fees
Initial Franchise Fee

$35,000 - $35,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

3%

Financing Options

Express Oil Change & Tire Engineers has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

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

On-The-Job Training:

296 hours

Classroom Training:

24 hours

Additional Training:

At training centers

Absentee Ownership Allowed
Number of Employees Required to Run:

6 - 8

Express Oil Change & Tire Engineers is ranked #120 in the Franchise 500!
Bio
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.

Cost
Initial Investment: Low - $1,863,000 High - $2,496,000
Units
+5.5%+12 UNITS (1 Year) +23,000.0%+230 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

Can Colleges Teach People How to Franchise?

Long neglected by business schools, franchising is finally gaining a foothold in the world of higher ed. But will students follow?

The 4 Ways Associations Can Help Franchisees

While independent franchisee associations can be viewed as confrontational, when all involved parties get talking, the groups can be a collaborative source of support and education.

A Buzzing Business: How These Entrepreneurs Turned a Longtime Annoyance Into Successful Careers in Pest Control

Mosquito Joe franchisees Kurt and Melissa Godwin share how their second career helped create a better work-life balance for them.

The 5 Attributes of Franchises Growing with Velocity

Some franchise concepts can amplify growth with the right attributes. Learn how to spot them.

How This Franchisor Found Sweet Success With an Ice Cream Experiment

Creamistry's Jay Yim took a crazy experiment in his garage and grew it into a global ice cream brand.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 16th, 2017