Victory Lane Quick Oil Change Franchise
Victory Lane Quick Oil Change is a leader in the quick lube industry. We offer the highest quality of products while keeping costs low for the customer and franchise owner. Our technicians are industry trained and are able to provide preventative maintenance service at the highest level.
Victory Lane Quick Oil Change was started in Ann Arbor, Michigan in 1980 under the name, “Pit Stop Quick Oil Change.” This was only the third fast lube center in Michigan at the time. Since then, we have grown to over 30 locations in 10 different states with a recognizable and trademarked name.
We have always focused on providing the highest quality customer service, while continually adding new services. With our history and continued expansion, we are now ranked as the 19th largest quick lube businesses in the U.S.
|Total Number of Units:||34|
Benefits of Owning Your Franchise
Opening your own Victory Lane Quick Oil Change franchise will be the first step to a profitable and successful career move. You will have access to the top support team and materials in the industry.
Included in the support will be:
- Marketing/advertising assistance;
- HR and accounting training;
- Financial assistance; and
- On-site training.
We help you because we want to make sure that you as successful as you can be as a Victory Lane Quick Oil Change owner.
Initial investment can be as low as $50,000 total when an existing site is re-occupied and converted to a Victory Lane Quick Oil Change franchise. The typical investment requires about $125,000 liquid and a total investment of $150,000 to $300,000. New construction and land acquisition adds to the investment, but should never exceed $800,000.
|Total Initial Investment:||$120,000 – $800,000|
|Liquid Capital Required:||$120,000 – $247,500|
|Net Worth Required:||$500,000|
|Financial Assistance:||Yes, Third Party|
|Start-Up Capital:||$100,000 – $150,000|
Training and Support
You will have to access to our corporate support staff so that quality training is assured. You and your staff will be kept current with the latest industry techniques, news and tips via electronic media. Information on procedures is provided along with official industry training programs.
Marketing/advertising assistance will provide you with the best research and negotiated pricing will help you promote your business to your community.
|Does Corporate Assist in Site Selection:||Yes|
|Does Corporate Provide Advertising and Marketing (Local, National):||1% Reimbursed|
|Does Corporate Provide Continued Training:||Yes|
- Candidate must commit to full-time involvement in the business;
- 10-year franchise agreement minimum with additional 10-year term available;
- Prefer prior franchise experience or small business ownership;
- Prefer multi-store ownership in 3-5 years;
- Site must be approved by Franchise Department;
- Building must conform to Victory Lane Quick Oil Change standards;
This is based on 6-key components:
- Trade Area Determination:
- Traffic Counts;
- Socio-economic 3-mile radius breakdown of location:
- Building, property and zoning requirements.
Top 35 Target Market Areas
- Great Lakes Region
- Mideast United States
- Southeastern United States
For more information contact us at firstname.lastname@example.org