Best

Top 5 Oil Change Franchises

Best Oil Change Franchises - April 2017

UPWARD
TREND
DOWNWARD
TREND
NO
CHANGE
 
 

Rank

Company Name

Industry

Franchising
Since

Franchise
Units

Cash
Investment

Total
Investment

Royalty
Fee

Financing
Available

Growth Prospect

Marketing Support

Training

Ongoing Support

Value

Overall Score

0
100
 
G
VG
E
 

Change in Rank

Leaders

1

Grease Monkey Franchising

Greenwood Village, CO

Jeff King
303-308-1660
More info

Visit Website

1978

270+

$30K

$164,195 - 319,850K

5%

Yes

 

100

 

100

 

100

 

100

 

100

100%

NC

 

2

SpeeDee Oil Change & Auto Service

Palm Beach Gardens, FL

Tony Breseman
561-383-3100
More info

Visit Website

1980

162

$35K

$239,840 to $4,009,935

10%

Yes

 

96

 

98

 

96

 

98

 

100

97.6%

NC

 
Strong Performers

4

Jiffy Lube

Houston, TX

Steven Ledbetter
800-344-6933
More info

Visit Website

1979

769

$27-95K

$330.5 - 519.5K

5.5%

Yes

 

100

 

99

 

100

 

100

 

99

99.6%
Increased +1

+1

 
Evaluation Critieria: Best Oil Change Franchise Opportunities
Growth Prospect

It is important for aspiring entrepreneurs to feel confident in their selected franchise’s ability to grow over time based on a historical financial and growth analysis. We spend time analyzing how a number of their franchised businesses grow over time and the overall profitability of a business on average compared to the average requirements from both the franchisor and the entrepreneur.

Marketing Support

With there being a large number of competing oil change franchises and other automotive repair services it is important to ensure that marketing and advertising campaigns are implemented to attract customers. We investigate how targeted different marketing initiatives are to attract those customers which are most likely to be repeat customers over time and to help retain those which may be on the fence.

Training

It is vitally important to have auto mechanics involved which understand the most effective way to change the oil in a large variety of vehicles. Different manufacturers may have different requirements for how to change the oil and different types of oils and implementations may require different knowledge and training. It is important for the franchises to be involved in the training processes.

Ongoing Support

Another critical element of our analysis of the best oil change franchises involves an in-depth look at how much assistance the franchisor offers to their franchisees to help them grow and expand over time. It is important for the franchisee to feel like they are truly benefiting from the background and experience of the franchise through ongoing support and assistance in improving the quality of the service.

Value

Many car and vehicle owners are going to be more likely to visit an oil change business that has a positive reputation within the industry. It is important for the franchise to maintain a positive image within their industry across each of the franchised businesses. In addition, it is important for entrepreneurs to know the franchises are investing in long-term growth themselves.

 
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2430 Vanderbilt Beach Rd.
STE 108 #251
Naples, FL 34109

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800-874-2458
 
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