Top Oil Change Franchises to Own in 2024

In 2024, oil change franchises will remain popular for business owners. Despite the rise of the electric car, gas-powered vehicles will remain the largest share of the inventory for decades to come. We'll look at the best oil change franchises this year. This is a great opportunity for anyone interested in joining the automotive service industry.

Top Oil Change Franchises with Low Investment Costs

Investing in a franchise doesn't always require a hefty financial commitment. Our list of top oil change franchises with low investment costs showcases opportunities that are accessible even to entrepreneurs with limited capital. These franchises offer a cost-effective entry into the automotive service industry without compromising on quality and potential returns.

Spiffy Green

Founded in: 2014
Franchising since: 2020
Franchise Units: 48
Initial investment range: $101,550 - $181,400
Initial Franchise Fee: $40,000
Royalty: 7%

The Spiffy Green franchise offers a unique opportunity to venture into the car care industry with a business model that stands out for its commitment to eco-friendly practices and on-demand services. As part of its mission to redefine the car care experience, Spiffy provides a comprehensive suite of services that cater to the modern vehicle owner's needs, including washing, detailing, and maintenance services, all delivered with convenience in mind.

What sets the Spiffy franchise apart from other opportunities in the same industry is its innovative approach to service delivery. Utilizing a mobile app, customers can schedule services at a time and place that suits them best, whether it's at their home or workplace, offering unparalleled convenience and flexibility. This customer-centric approach, combined with the franchise's dedication to using environmentally friendly products and methods, positions Spiffy as a leader in the eco-conscious segment of the car care market.

By joining the Spiffy franchise network, franchisees gain access to a proven business model, comprehensive support, and the chance to be part of a brand that's making a positive impact on the planet. This opportunity is ideal for entrepreneurs passionate about delivering high-quality, convenient car care services while contributing to environmental sustainability.

JIFFY LUBE

Founded in: 1979
Franchising since: 1979
Franchise Units: 2,232
Initial investment range: $232,000 - $442,650
Initial Franchise Fee: $17,500 - $35,000
Royalty: 3% - 4%

The Jiffy Lube franchise offers a lucrative opportunity in the fast-paced automotive service industry, known for its quick oil changes and a wide range of vehicle maintenance services. With a requirement of $250k in liquid assets and a minimum franchise fee of $35k, Jiffy Lube presents a business model that has demonstrated significant success, evidenced by an average unit value of $1.5M for top quartile stores. This performance is part of a broader success story, with the brand achieving an impressive average annual revenue of $923k across all stores.

What sets Jiffy Lube apart from other franchises in the industry is its remarkable track record of This consistent growth underscores the brand's resilience, operational excellence, and the enduring demand for its services. Jiffy Lube's commitment to innovation and customer satisfaction has solidified its position as the #1 preferred national chain in the automotive maintenance sector, offering franchisees a strong foundation for success.

By joining the Jiffy Lube franchise network, entrepreneurs gain access to a proven business model, extensive training, and support systems designed to optimize operations and drive growth. This opportunity is ideal for individuals looking to invest in a franchise with a strong brand reputation, a loyal customer base, and a track record of financial performance.

SPEEDEE OIL CHANGE & AUTO SERVICE CENTER

Founded in: 1980
Franchising since: 1982
Franchise Units: 120
Initial investment range: $265,626 - $872,142
Initial Franchise Fee: $39,900
Royalty: 6%

The SpeeDee Oil Change & Auto Service Center franchise offers a compelling opportunity for entrepreneurs interested in the automotive service industry. Notably, an automotive background is not required, opening the door for a diverse range of entrepreneurs to join the franchise.

What sets SpeeDee apart from other franchises in the same industry is its comprehensive service offering that goes beyond just oil changes to include a full spectrum of auto maintenance and repair services. This broad service range allows franchisees to capture a larger market share by meeting more of their customers' automotive needs under one roof. Additionally, SpeeDee's emphasis on customer service and operational efficiency ensures a quick and satisfying service experience, fostering customer loyalty and repeat business.

Investing in a SpeeDee franchise means joining a brand with a strong commitment to quality, service, and community. The franchise provides extensive training and support to its franchisees, ensuring they are well-equipped to meet the brand's high standards and succeed in a competitive market.

Top Oil Change Franchises with High Market Demand

In the fast-paced world of automotive maintenance, certain brands stand out due to their unwavering popularity. Our selection of top oil change franchises with high market demand features businesses that have consistently attracted a large customer base. These franchises are known for their reliable services and strong market presence, making them a lucrative choice for potential franchisees.

Victory Lane Quick Oil Change

Founded in: 1980
Franchising since: 1986
Franchise Units: 40
Initial investment range: $43,000 - $1,045,750
Initial Franchise Fee: $15,000 - $30,000
Royalty: 6%

The Victory Lane Quick Oil Change franchise offers a compelling business opportunity for entrepreneurs looking to enter the automotive service industry. With a focus on providing fast, friendly, and efficient oil change services, Victory Lane stands out for its commitment to customer satisfaction and high-quality service. The franchise model is designed to support franchisees with comprehensive training, marketing, and operational support, ensuring they have all the tools necessary to succeed.

A unique aspect of the Victory Lane franchise is its emphasis on building a community around each location. Testimonials from customers highlight the friendly and knowledgeable staff, indicating a level of service that goes beyond the transactional nature typical of the quick oil change industry. This focus on creating a positive work environment and fostering strong customer relationships sets Victory Lane apart, making it not just a service provider but a trusted part of the communities it serves.

By investing in a Victory Lane Quick Oil Change franchise, entrepreneurs gain the advantage of a proven business model in a growing industry, backed by a brand that prioritizes trust, expertise, and community engagement. This opportunity is ideal for those passionate about delivering exceptional service and building lasting customer relationships in the automotive care sector.

STRICKLAND BROTHERS 10 MINUTE OIL CHANGE

Founded in: 2016
Franchising since: 2019
Franchise Units: 175
Initial investment range: $217,900 - $1,933,400
Initial Franchise Fee: $54,900
Royalty: 6%

The Strickland Brothers 10 Minute Oil Change franchise offers a unique and efficient business model in the automotive service industry, focusing on quick and convenient oil change services. What sets Strickland Brothers apart from other franchises in the same sector is their commitment to customer service and efficiency, promising a 10-minute oil change that minimizes wait time and maximizes customer satisfaction. This focus on speed and convenience, without compromising on quality, positions Strickland Brothers as a preferred choice for customers seeking fast and reliable automotive maintenance.

The franchise model is designed to support franchisees with comprehensive training, marketing, and operational support, ensuring they have all the tools necessary to succeed. Strickland Brothers' emphasis on a customer-centric approach, combined with their innovative service delivery, provides a competitive edge in the fast-paced automotive maintenance market.

Investing in a Strickland Brothers franchise offers entrepreneurs the opportunity to operate a business with a proven track record of success, a strong brand reputation, and a loyal customer base. The brand's commitment to providing quick and convenient oil change services, along with its focus on customer satisfaction, makes it an attractive franchise opportunity in the automotive service industry.

TAKE 5 OIL CHANGE

Founded in: 1984
Franchising since: 2016
Franchise Units: 906
Initial investment range: $222,794 - $1,616,685
Initial Franchise Fee: $35,000
Royalty: 7%

The Take 5 Oil Change franchise offers a standout opportunity in the automotive service industry, renowned for its rapid growth and innovative service model. As one of the fastest-growing franchises in America, Take 5 has significantly climbed in Franchise Times magazine's Top 400, showcasing its expanding influence and success in the market.

A unique aspect of the Take 5 franchise is its drive-thru oil change service, which allows customers to remain in their car during the service, offering unparalleled convenience and efficiency. This distinctive service model not only enhances the customer experience by saving time but also differentiates Take 5 from other franchises in the industry. The emphasis on customer comfort and quick service has positioned Take 5 as a leader in customer satisfaction and loyalty.

Investing in a Take 5 franchise means joining a brand with a proven track record of success and innovation. Franchisees benefit from a strong brand presence, comprehensive support, and a business model that caters to the increasing demand for quick and convenient automotive services. The franchise's focus on a unique customer service experience, combined with its commitment to operational efficiency, makes it an attractive opportunity for entrepreneurs looking to enter the automotive service industry.

Top Oil Change Franchises with Strong Brand Recognition

Brand strength is a crucial factor in the success of a franchise. Our compilation of top oil change franchises with strong brand recognition highlights companies that have established a reputable and trusted name in the industry. These franchises benefit from widespread recognition, customer loyalty, and a proven business model, offering a solid foundation for new franchise owners.

VALVOLINE INSTANT OIL CHANGE

Founded in: 1986
Franchising since: 1988
Franchise Units: 1,679
Initial investment range: $204,750 - $3,270,550
Initial Franchise Fee: $30,000
Royalty: 4% - 6%

The Valvoline Instant Oil Change (VIOC) franchise presents a standout opportunity in the automotive services industry, leveraging the strength of a brand that has seen remarkable growth and success. 

A unique aspect that distinguishes VIOC from other franchises in the same industry is its position as the leading automotive services retailer, as recognized by Entrepreneur’s 2023 Franchise 500 “#1 in Category” Ranking. This accolade not only highlights the brand's dominance in the market but also its commitment to innovation, customer service, and franchisee support. VIOC franchisees benefit from a strong brand reputation, comprehensive training programs, and a robust support system designed to facilitate growth and operational excellence.

Investing in a VIOC franchise means joining a network that is at the forefront of the automotive services industry, offering quick, easy, and trusted automotive care to a broad customer base. The franchise's focus on customer convenience, combined with its innovative service model, positions franchisees for success in a competitive market.

GREASE MONKEY

Founded in: 1978
Franchising since: 1979
Franchise Units: 499
Initial investment range: $245,816 - $761,952
Initial Franchise Fee: $39,900
Royalty: 6%

The Grease Monkey franchise offers a unique opportunity in the automotive service industry, focusing on oil changes and other vehicle maintenance services. With minimum financial qualifications set at $350,000 cash available to invest and a net worth of $500,000, Grease Monkey is looking for franchisees who are passionate about customer service and willing to be actively engaged in their business, even if they plan to use a general manager. Importantly, franchisees do not need an automotive background, making this opportunity accessible to a broader range of entrepreneurs.

What distinguishes Grease Monkey from other franchises in the same industry is its emphasis on high-quality service and customer satisfaction without the requirement for prior automotive experience. This approach allows franchisees to focus on the business aspect while delivering exceptional service. Grease Monkey's commitment to using high-quality products, such as 100% synthetic oil for premium performance and protection, ensures customers receive the best care for their vehicles, especially under severe driving conditions.

Investing in a Grease Monkey franchise means joining a brand that values innovation, quality, and customer care. The franchise offers comprehensive support and training, ensuring franchisees have the knowledge and tools needed to succeed. This opportunity is ideal for entrepreneurs passionate about delivering superior automotive services and building strong customer relationships.

EXPRESS OIL CHANGE & TIRE ENGINEERS

Founded in: 1979
Franchising since: 1983
Franchise Units: 233
Initial investment range: $1,863,000 - $2,716,000
Initial Franchise Fee: $35,000
Royalty: 5%

The Express Oil Change & Tire Engineers franchise offers a comprehensive business model in the automotive service industry, focusing on oil changes, tire services, and full-service mechanical repairs. This franchise stands out for its strategic approach to real estate development and store location, which is a key factor in its success. Express Oil Change & Tire Engineers places a strong emphasis on selecting optimal locations to serve communities effectively, whether through franchise or corporate locations. This meticulous attention to site selection ensures high visibility and accessibility, contributing significantly to the franchise's growth and profitability.

What distinguishes Express Oil Change & Tire Engineers from other franchises is its commitment to efficiency and convenience. With a signature 10-minute oil change service that includes a free 20-point inspection, the franchise caters to busy customers seeking quick and reliable automotive care. Additionally, its status as a one-stop auto shop for maintenance, repairs, and tire services underlines its comprehensive approach to vehicle care, offering customers a wide range of services at competitive prices.

Investing in an Express Oil Change & Tire Engineers franchise means joining a brand with a proven track record of success, supported by a strategic approach to growth and customer service. The franchise's focus on optimal location selection, combined with its efficient service model and comprehensive automotive care offerings, makes it a compelling opportunity for entrepreneurs in the automotive service industry.

Initial Investment And Opening Costs For Oil Change Franchises

Opening an oil change franchise can be a lucrative business opportunity, but it's essential to understand the initial investment and ongoing costs associated with it. Here's a breakdown of what you can expect:

• Franchise Fee: This is the upfront cost to obtain the franchise rights and can vary significantly depending on the brand. For oil change franchises, this fee typically ranges from $20,000 to $35,000.
• Real Estate and Construction: The cost of securing a location and constructing the service center can be substantial. This includes purchasing or leasing land, building the facility, and outfitting it with the necessary equipment. Depending on the size and location, this can range from $150,000 to $1.5 million.
• Equipment and Supplies: Specialized equipment for oil changes, such as hydraulic lifts, oil dispensers, and tools, are essential. Initial investment in equipment and initial inventory of oil and filters can range from $50,000 to $100,000.
• Operating Capital: It's crucial to have working capital to cover operating expenses, especially in the initial months when the business is gaining traction. This can include payroll, utilities, insurance, and marketing costs. A safe estimate for initial operating capital is between $50,000 and $100,000.
• Training and Support: Many franchisors offer training programs for franchisees and their staff. This cost is sometimes included in the franchise fee, but it can also be a separate expense, ranging from $5,000 to $10,000.
• Marketing and Advertising: Initial marketing efforts to launch the franchise and attract customers are vital. Budgeting for grand opening promotions and ongoing marketing campaigns is important, with costs varying widely based on the strategies employed.
• Licensing and Permits: Compliance with local regulations and obtaining necessary permits can incur costs. This includes environmental permits for handling and disposing of oil, which can range from a few hundred to several thousand dollars.
• Insurance: Adequate insurance coverage for liability, property, and workers' compensation is essential. Annual premiums can vary based on the location and size of the operation, typically ranging from $10,000 to $25,000.

The total initial investment for opening an oil change franchise can range from approximately $300,000 to over $1.7 million, depending on various factors such as location, brand, and size of the operation. It's crucial to conduct thorough research and due diligence, including reviewing the Franchise Disclosure Document (FDD) and consulting with financial advisors, before committing to any franchise opportunity.

Benefits Of Opening an Oil Change Franchise

Opening an oil change franchise offers several advantages for entrepreneurs looking to enter the automotive service industry. Here are some key benefits:

• Established Brand Recognition: Franchising allows you to operate under a recognized brand name, which can attract customers who are familiar with and trust the brand. This can lead to quicker customer acquisition and loyalty.
• Proven Business Model: Franchises come with a tested and proven business model, reducing the risks associated with starting a business from scratch. You'll have access to established operational procedures, marketing strategies, and pricing structures.
• Training and Support: Most franchisors provide comprehensive training programs for franchisees and their staff. This training covers technical skills, customer service, and business management, ensuring you are well-prepared to run your franchise successfully.
• Marketing Assistance: Franchisors often provide marketing support, including national advertising campaigns, local marketing strategies, and promotional materials. This can help you attract customers and build your business more effectively than if you were starting an independent business.
• Purchasing Power: As part of a franchise network, you can benefit from the franchisor's bulk purchasing power for equipment, supplies, and inventory. This can lead to significant cost savings compared to sourcing these items independently.
• Ongoing Support: Franchisors typically offer ongoing support to their franchisees, including operational advice, updates on industry trends, and assistance with any challenges that arise. This support can be invaluable in ensuring the long-term success of your business.
• Networking Opportunities: Being part of a franchise network provides opportunities to connect with other franchisees, share experiences, and learn best practices. This can be a valuable resource for problem-solving and business growth.
• Revenue Potential: The demand for quick and convenient oil change services is consistent, providing a steady revenue stream. Additionally, offering complementary services, such as tire rotations or fluid checks, can further increase revenue.
• Community Impact: Owning an oil change franchise allows you to contribute to your local economy by providing jobs and services. You can also engage in community outreach and sponsorship opportunities, enhancing your business's reputation and customer base.

Opening an oil change franchise can offer a pathway to entrepreneurship with the support of an established brand and business model, reducing some of the risks associated with starting a new business. It's important to conduct thorough research and evaluate the specific benefits offered by different franchisors to find the best fit for your business goals.

What Points To Pay Attention To When Opening Oil Change Franchise

Opening an oil change franchise can be a profitable venture, but it's important to consider several key factors to ensure success. Here are some points to pay attention to:

• Franchise Selection: Research and compare different oil change franchises to find one that aligns with your business goals, values, and budget. Consider factors such as brand reputation, franchise fees, royalty rates, and the level of support provided.
• Location: Choosing the right location is crucial for attracting customers. Look for high-traffic areas with good visibility and accessibility. Consider the competition in the area and the demographics of the target market.
• Financial Planning: Prepare a detailed business plan and financial projections. This should include initial investment costs, ongoing expenses, and expected revenue. Secure financing if necessary and ensure you have enough working capital to cover the initial months of operation.
• Legal and Regulatory Compliance: Understand the legal requirements for operating an oil change franchise, including licensing, permits, and environmental regulations. Ensure compliance with all local, state, and federal laws to avoid penalties and legal issues.
• Training and Staffing: Take advantage of the training provided by the franchisor and ensure that you and your staff are well-trained in technical skills, customer service, and business operations. Hire qualified and motivated employees to provide high-quality service.
• Equipment and Supplies: Invest in high-quality equipment and maintain an adequate inventory of oil and other supplies. This will ensure efficient operations and customer satisfaction.
• Marketing and Customer Acquisition: Develop a marketing strategy to attract customers to your franchise. Utilize a mix of online and offline marketing tactics, such as social media, local advertising, and promotions.
• Customer Service: Providing excellent customer service is key to building a loyal customer base. Train your staff to be friendly, professional, and efficient in their interactions with customers.
• Operational Efficiency: Implement efficient operational processes to minimize wait times and maximize customer throughput. This includes effective scheduling, inventory management, and workflow optimization.
• Continuous Improvement: Stay updated with industry trends and advancements in technology. Regularly review and improve your business practices to enhance efficiency, reduce costs, and improve customer satisfaction.

By paying attention to these points, you can increase your chances of success and build a thriving oil change franchise that meets the needs of your customers and achieves your business goals.