Victory Lane Quick Oil Change

Oil changes, fluid maintenance services, car wash
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$43K - $1M
Units as of 2012
30

Company Overview

About Victory Lane Quick Oil Change

Founded
1980
Parent Company
Victory Lane Quick Oil Change, Inc.
Leadership
Derrick Oxender, CEO

Franchising Overview

Franchising Since
1986 (36 years)
# of employees at HQ
10
# of Units
30 (as of 2012)

Franchisor Information

Corporate Address
405 Little Lake Dr.
Ann Arbor, MI 48103

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
$15,000 - $30,000
Initial Investment
$43,000 - $1,045,750
Net Worth Requirement
$400,000
Cash Requirement
$42,000 - $146,000
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
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
Additional Training
Online support
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?
No
Can this franchise be run part time?
No
# of employees required to run
4-6
Are exclusive territories available?
Yes
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Disclaimer
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Updated: February 8th, 2021