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Take 5 Oil Change

Take 5 Oil Change is a well-established leader […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 1984
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $222,794
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: 7%%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Take 5 Oil Change Franchise Opportunity: A Comprehensive Guide

Take 5 Oil Change is a well-established leader in the quick oil change and automotive maintenance industry. With over 35 years of experience and more than 530 locations across the United States and Canada, they've built a reputation for providing fast, reliable service. While Take 5 has been primarily company-owned, they began franchising in 2016 and are actively seeking qualified individuals to join their expanding network.

Ideal Take 5 Oil Change Franchisee Profile

If you're considering a Take 5 Oil Change franchise, you'll need to be a successful business owner with experience in operations and management. Ideally, you'll also be looking to diversify and expand your business portfolio. While automotive repair experience isn't required, it's definitely a plus! Experience owning multiple locations is also a valuable asset.

Why Choose a Take 5 Oil Change Franchise?

Take 5 Oil Change offers a proven, scalable business model that focuses on quick, efficient service for essential under-the-hood maintenance. Their simple operations and emphasis on quality set them apart from the competition. As a franchisee, you'll benefit from being part of Driven Brands, a leading force in the automotive aftermarket service industry. You'll have access to their resources, brand recognition, and proven strategies for success. Plus, you'll be bringing the convenience and friendly service of Take 5's drive-thru locations to your community.

What Makes a Take 5 Oil Change Franchise a Good Choice?

Take 5 provides franchisees with access to a powerful analytics reporting tool that gives you the data you need to make informed business decisions. This helps you maximize your profits and manage your operation effectively. Franchisees also receive comprehensive training at the company headquarters in Charlotte, North Carolina. This includes both classroom instruction and hands-on experience at an existing Take 5 location, ensuring you're fully prepared to manage your own franchise.

Financial Considerations for a Take 5 Oil Change Franchise

To become a Take 5 Oil Change franchisee, you'll need to be financially ready for an initial investment, including the franchise fee and other startup costs. You'll also need to be prepared for ongoing fees, such as advertising, royalties, and potential renewal fees. To qualify, you must meet the company's net worth and liquid capital requirements. The typical franchise agreement lasts for 15 years, with the possibility of renewal if you meet Take 5's criteria.

How to Explore a Take 5 Oil Change Franchise Opportunity

If you're interested in learning more about a Take 5 Oil Change franchise, it's essential to conduct thorough research. Explore the brand, consider the local market in your area, and evaluate the potential competition. Remember, healthy competition is good, but excessive competition could hinder your growth. Before making any commitments, be sure to perform your due diligence. This includes speaking with existing franchisees and asking detailed questions of the Take 5 franchising team.

Support & Training offered by Take 5 Oil Change

Additional Information

Category Location N/A
Number of Units Open 906 (as of 2023)
Investment Range $222,794 - $1,616,685
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
The Franchise Yellow Pages (FYP) is an internationally recognized franchise information site. FYP supports business owners through the process of identifying and investing in franchise businesses. FYP showcases thousands of franchise brands for educational purposes. We do not represent all franchises listed here. By clicking on “Request Free Information” and “Request a Consultation,” you are agreeing to be contacted by a Franchise Consultant to discuss franchise ownership.
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