Victory Lane - Quick Oil Change

Description

Victory Lane Quick Oil Change is one of the oldest quick lube businesses in the country, started in 1980, and continuously managed by the Founder, Derrick Oxender..S. We have incorporated a distinctive architectural design to attract customers. Customers are provided with the most current products, delivered by the latest equipment.

Franchisees buy products at cost directly from the finest national suppliers thus keeping our overhead lowest in the industry. Our goal is to grow from 30 stores to over 100 in the next 5 years and we seek aggressive, multi-store owners who will be key to our growth.

Background

Year Established: 1980
Year First Franchised: 1986
Franchised Units: 10-50
Actual number of units: 29
Company Owned Units: 5
Projected New Units (12 months): 5

States referrals are accepted in:

  • Alabama
  • Arizona
  • Arkansas
  • Colorado
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Jersey
  • New Mexico
  • North Carolina
  • Ohio
  • Oklahoma
  • Pennsylvania
  • South Carolina
  • Tennessee
  • Texas
  • West Virginia
  • Wisconsin
  • Wyoming

Avail. in Canada: Masters/Area Developer: No


Notes:

Master Franchisees: (MI, MN, ME, IL, OK)
Registered: Single units are not being offered in the following states: Hawaii, North & South Dakota(s), Washington, Rhode Island and New York

 

Financial / Terms

Cash Investment: $75,000
Minimum Investment: $75,000
Minimum Net Worth: $300,000
Franchise Fee: $30,000


Discounts:

  • Vet Fran

Royalty: 6%
Ad: 2%
Average # of Employees: 4-6
Passive Ownership Allowed: No
Earnings Claims: No


Notes:

Total Investment: Varies from $75k to $695k based on 3 oil change bays. Leasing sites instead of new construction reduces total investment to as little as $75k all-in.
Franchise Fee: $30k / Master: $90k
Working Capital (Cash) - "New" facility = $35,000 or Lease property =$30,000
Ad: 2% (1% returned to franchisee for local advertising)


Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: Yes
Resales: Yes

 

International Expansion

International Expansion Opportunities: Yes
Developing outside of the U.S.: Inquire with Corporate, depends on the country
Single Unit Availability Outside U.S.: Yes
Multiple Unit Availability Outside U.S.: Yes
Area Development or Master Avail.: Yes
Cash Investment: 75,000
Total Investment: 695,000

 

Support & Training Provided

Financial Assistance Provided:Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes


Notes:

2 weeks at Corporate Headquarters in Ann Arbor, MI. 1 week at Franchisee’s Center, field visits and continuous franchise support.

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474