Strickland Brothers 10 Minute Oil Change franchise fees for 2024:
Investment Range: $247,900 - $391,900 (full development
option)
Cash Investment: $350,000 per unit
Required Net Worth: $750,000
Required Liquid Capital: $350,000 per unit
Franchise Fee: 1 Unit: $54,900 2 Units: $89,900 3 Units: $114,900 4
Units: $139,900
See 2 Min. Drill for more
Royalty: 6%
Brand Fund: 2%
Item 19: Yes
Average Number of Employees:
Start with 5-6
- 1 Store Manager (if the franchisee will not be an owner
operator)
- 1 Assistant Store Manager
- 4 full time Technicians
As the unit volume grows, the staff will need to as
well.
Visa Candidates: No
Semi-Absentee Ownership: Yes
Home-Based: No
Business Model: B2B & B2C
Master Franchise Opportunities: No
Veteran Discount: Yes, $5,000 off the initial franchise
fee
Corp System Average (81 units, open
at least 12 months)
Gross Revenue:
$761,207.48
Estimated Net Profit: $121,021.15
(16%)
Gross Revenue:
$2,011,117.05
Estimated Net Profit: $440.927.76
(22%)
Franchise System Average (39 units,
open at least 12 months)
Gross Revenue:
$636,827.72
Gross Revenue:
$1,502,760,71
*Per 2024 FDD, data based on full
development/acquisition model
Yes. Strickland Brothers 10 Minute Oil Change is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
No. Strickland Brothers 10 Minute Oil Change is not a home based franchise opportunity.
Click here to find out how much Strickland Brothers 10 Minute Oil Change franchisees make. Strickland Brothers 10 Minute Oil Change offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
No. Strickland Brothers 10 Minute Oil Change is not a master franchise opportunity.
Yes. Strickland Brothers 10 Minute Oil Change franchise does offer a veteran discount.
Yes. Strickland Brothers 10 Minute Oil Change franchise does work with E2 Visa and EB-5 Visa candidates.
No. Strickland Brothers 10 Minute Oil Change franchise is not looking for Canada franchisees.
No. Strickland Brothers 10 Minute Oil Change franchise is not looking for International franchisees.
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.