百大连锁店 – Rank no.62 – 新移民致富之路

百大连锁店 – Rank no.62 – 新移民致富之路


Top 250 Franchise by Entrepreneur – Rank no.62 – Valvoline Instant Oil Change – US

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Products & Services: Quick-lube service center

Number of Locations: 897

Total Investment: $178.42K – 1.99M

Founded: 1986

Began Franchising: 1988

About Valvoline Instant Oil Change

Valvoline Instant Oil Change is a division of The Valvoline Co. and was created in 1986 with the purchase of quick-lube centers throughout New York, Minneapolis and Michigan. The public company began franchising in 1988 and is based in Lexington, Kentucky.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 636 0 0 261
2012 604 0 0 264
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $178,425 – $1,989,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 15 years, renewable
FINANCIAL REQUIREMENTS

Net Worth: $600,000 – $1,000,000
Liquid Cash Available: $300,000 – $800,000

OPERATIONS

68% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

FINANCING TYPE IN-HOUSE THIRD PARTY
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2-4 days. At franchisee’s location: 2 weeks. At regional offices : 4-5 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Other marketing support: Program support

Franchise Ranking History

Franchise 500®: #62 (2013),
Valvoline Instant Oil Change is a company which provides preventative maintenance services for many different types of automobiles. These services include oil changes, antifreezechanges, differential fluid changes, batteries, belts, fuel system cleaning service, lights, wipers and transmission fluid changes. Valvoline oils and products are featured at all locations.

About the Valvoline Instant Oil Change Company

Over 25 years of fast, convenient maintenance services for busy people

What makes Valvoline Instant Oil Change service centers different from all the rest? When you’re in a hurry, we’re always ready to take care of your car or truck on the spot. And, for most of our services, you can stay in your vehicle while our skilled technicians complete the work; we can have you back on the road in about 15 minutes or less when you come in for one of our full-service drive-thru oil changes.

 

Our history

The Valvoline Instant Oil Change business was created in 1986 with the purchase of Rapid Oil Change centers in upstate New York, the Minneapolis/St. Paul region and the Instant Oil Change and DipStick acquisitions in Lansing and Grand Rapids, Michigan.

 

Our success

As the second-largest quick-lube chain in the United States with 850 stores nationwide and growing, we are focused on being the quick, easy, trusted businessthat can help you avoid costly, inconvenient breakdowns.

 

As such, we are committed to delivering only those services necessary for the safety and performance of your car or truck. So when we make a recommendation, you can be sure it’s in the best interest of your vehicle, not the best interest of our wallets.

 

Part of a larger family
Valvoline Instant Oil Change is a business unit of Ashland Consumer Markets (ValvolineTM), a commercial unit of Ashland Inc.®

See how we can take care of you and your vehicle

Find one of our 850 convenient locations near you and discover how our SuperProTMCertified Technicians can quickly and expertly keep you and your car or truck moving forward. Or join our team by applying to work in one of our stores.