The franchise industry has shown that there is a strong demand for oil change services, with 4,000 company owners in the industry already offering this essential vehicle care service. Many of these franchises have expanded to include basic repair and maintenance services, with the average customer driving 15,000 miles a year and changing oil every 5,000 miles, generating $7 billion in revenue annually. While few franchises operate solely by doing oil changes, the add-on services such as tire changes are the real money makers.
For those interested in starting an oil change franchise, there are numerous opportunities available. From mobile oil change franchises like Luby Dudes and Spiffy Green, to well-established and recognized brands such as Meineke, Valvoline Instant Oil Change, and Midas – the options are diverse. Mobile oil change franchises are on the rise, offering convenience to customers as they work from home or to their place of employment. With recurring demand, brand recognition, comprehensive training and support, and potential for growth, oil change franchises offer a turnkey business opportunity for entrepreneurs.
When selecting an oil change franchise, it’s important to consider key criteria such as brand recognition and market presence, initial investment and franchise fees, training and support systems, location and territory analysis, operational efficiency and technology, profitability and revenue potential, quality of products and services, franchise agreement and terms, and regulatory compliance. Each of these factors plays a crucial role in the success of the franchise business.
Among the top oil change franchise opportunities are Luby Dudes, Spiffy Green, Victory Lane Quick Oil Change, Fleet Services International, Ltd (Richard Petty brand), Merlin 200,000 Mile Shops, Strickland Brothers, Express Oil Change and Tire Engineers, Grease Monkey, Brakes for Less, Meineke Care Center, Midas, Valvoline Instant Oil Change, and All Tune and Lube. Each of these franchises have their own unique offerings and requirements, catering to a diverse range of entrepreneurs in the industry.