Strickland Brothers 10 Minute Oil Change
Oil-change services- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$218K - $1.4M
- Units as of 2022
-
111 1,485.7% over 3 years
Here’s what you need to know if you’re interested in opening a Strickland Brothers 10 Minute Oil Change franchise.
Strickland Brothers 10 Minute Oil Change started with a mission to provide the highest levels of service to all customers. In an industry that may tend to receive bad marks from customers, Strickland Brothers 10 Minute Oil Change believes it is changing everything by being friendly, dependable, and affordable.
Founded in 2016, Strickland Brothers 10 Minute Oil Change is named after two brothers whose pictures can be found in most every location. The focus on the family may have positioned Strickland Brothers 10 Minute Oil Change as a business dedicated to keeping families happy by ensuring that vehicles run in tip-top shape. Services offered by the brand include drive-thru oil changes, tire rotations, vehicle inspection, and efficient fleet services.
Why You May Want To Start a Strickland Brothers 10 Minute Oil Change Franchise
Customers may choose Strickland Brothers 10 Minute Oil change for its quality services, fair pricing, convenience, and excellent treatment. An ideal franchisee is committed to improving their community by upholding ethics and maintaining the high quality that Strickland Brothers 10 Minute Oil Change wishes to be known for. Of course, a passion for cars and fixing them is an added advantage that enhances customer and company goals alike.
What Might Make a Strickland Brothers 10 Minute Oil Change Franchise a Good Choice?
The automotive repair and maintenance services industry may always be in demand, possibly making Strickland Brothers 10 Minute Oil Change a fitting franchise opportunity. At Strickland Brothers 10 Minute Oil Change, preventative maintenance to keep vehicles running as they should is a specialty they are prepared to handle.
Strickland Brothers 10 Minute Oil Change;s signature 10-minute oil change is its most popular offering, making drive-thru maintenance an easy feat. As a franchisee, you may be able to expect to transform your hometown by meeting customer expectations with honest and accommodating services that make a difference.
Opening a Strickland Brothers 10 Minute Oil Change franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
How To Open a Strickland Brothers 10 Minute Oil Change Franchise
To be part of the Strickland Brothers 10 Minute Oil Change team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
Strickland Brothers 10 Minute Oil Change doesn’t look at franchisees as investors, but as a family. To support franchisees, Strickland Brothers 10 Minute Oil Change has developed a simple and scalable business model and training that prepares them for the market.
As you decide if opening a Strickland Brothers 10 Minute Oil Change franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Strickland Brothers 10 Minute Oil Change franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Company Overview
About Strickland Brothers 10 Minute Oil Change
- Industry
- Automotive
- Related Categories
- Oil-Change Services
- Founded
- 2016
- Parent Company
- Strickland Brothers 10 Minute Oil Change
- Leadership
- Justin Strickland, CEO & Founder
Franchising Overview
- Franchising Since
- 2019 (3 years)
- # of employees at HQ
- 65
- Where seeking
-
This company is seeking new franchisees throughout the US.
- # of Units
- 111 (as of 2022)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Strickland Brothers 10 Minute Oil Change franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $54,900
- Initial Investment
- $217,900 - $1,411,400
- Net Worth Requirement
- $500,000
- Cash Requirement
- $250,000
- Veteran Incentives
- $5,000 off first-unit franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 15 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Strickland Brothers 10 Minute Oil Change has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 65 hours
- Classroom Training
- 25 hours
- Additional Training
- Remote training
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 6-10
- Are exclusive territories available?
- Yes
Additional Rankings
Curious to know where Strickland Brothers 10 Minute Oil Change ranked on other franchise lists? Find out below.
Want to stay updated on the latest franchise news?
Never miss a beat when you sign up to receive our newsletter.
We care about the protection of your data. Read our Privacy Policy
Related Franchises
Are you eager to see what else is out there? Browse more franchises that are similar to Strickland Brothers 10 Minute Oil Change.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
How to Start a Blue Moon Estate Sales Franchise in 2023
Looking for information about how to open a Blue Moon Estate Sales franchise? Here's what you need to know.
Use This Checklist to Avoid Buying a 'Zombie' Franchise
Here are 20 questions that will save you time and money. There are great franchise options out there, but you must do your due diligence.
The Hottest Franchise Trends for 2023
Looking for a business to buy in 2023? We predict which franchise categories will thrive, and list top brands available in each.
Thinking of Buying a Franchise? These Four Industries Are Flaming Hot Right Now
Turns out eating breakfast, working out, riding a rollercoaster and getting a job have something in common.
Want to Find New Franchisees? Here Are 4 Ways to Fix Your Online Marketing.
With a smarter strategy, your next recruit is clicks away.
Turning a Franchise Business Into a Nonprofit? Here's How It's Done.
Challenge Island recently helped a franchisee in New Mexico transform her location into a nonprofit. Here, she explains why she made the decision, and how it works.