Strickland Brothers Franchise FDD, Profits & Costs (2025)
Strickland Brothers 10 Minute Oil Change is a rapidly growing franchise in the quick lube and automotive maintenance industry, founded in 2016 by Justin Strickland. The company is headquartered in Winston-Salem, North Carolina, and has swiftly expanded its presence across the United States.
Strickland Brothers specializes in providing fast and friendly oil change services and a variety of other maintenance services, distinguishing itself with a drive-thru model that emphasizes speed and customer service.
The franchise started its franchising operations in 2020 and has seen remarkable growth due to its efficient service model and competitive investment costs.
Strickland Brothers appeals to franchisees by offering a streamlined operational process that allows for oil changes to be completed in just 10 minutes, setting it apart from competitors that often require more time-consuming service models.
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Initial Investment
How much does it cost to start a Strickland Brothers franchise? It costs on average between $218,000 – $1,933,000 to start a Strickland Brothers franchised center.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount varies based on several factors, including the type of facility, location, and whether the franchisee opts to lease or purchase the property. Strickland Brothers offers 2 types of franchises:
| Strickland Brothers 10 Minute Oil Change Business Option | Initial Investment Range |
|---|---|
| Full Development Option | $270,400 to $486,900 |
| Ground Lease Option | $756,900 to $1,933,400 |
We are summarizing below the main costs associated with opening a Strickland Brothers10 Minute Oil Change Business Option Ground Lease Option. For more information on costs required to start a Strickland Brothers franchise, refer to the Franchise Disclosure Document (Item 7).
| Type of Expenditure | Amount (Ground Lease Option) |
|---|---|
| Initial Franchise Fee | $54,900 |
| Travel and Living Expenses While Training | $2,500 – $10,000 |
| Equipment, Tool Package | $30,000 – $60,000 |
| Equipment Installation | $0 – $50,000 |
| Building Construction | $300,000 – $900,000 |
| Site Work | $150,000 – $300,000 |
| General Construction Fees | $70,000 – $300,000 |
| Construction Managers | $0 – $50,000 |
| Due Diligence Items | $30,000 – $50,000 |
| Furniture and Décor | $2,500 – $8,500 |
| Computer and POS System | $10,000 – $15,000 |
| Grand Opening Advertising | $20,000 |
| Inventory and Supplies | $20,000 – $25,000 |
| Insurance | $2,000 – $5,000 |
| Signage | $15,000 – $35,000 |
| Additional Funds (3 months) | $50,000 |
| Total Estimated Initial Investment | $757,000 – $1,933,000 |
Average Revenue (AUV)
How much revenue can you make with a Strickland Brothers franchise? A Strickland Brothers franchised business makes on average $667,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,033,000 yearly revenue for similar oil change franchises. Below are a few Strickland Brothers competitors as a comparison:
The most profitable franchises to own in 2025
We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Strickland Brothers 10 Minute Oil Change Franchise Disclosure Document
Frequently Asked Questions
How many Strickland Brothers locations are there?
As of the latest data, Strickland Brothers 10 Minute Oil Change operates 252 locations across 22 states in the United States.
What is the total investment required to open a Strickland Brothers franchise?
The total investment required to open a Strickland Brothers franchise ranges from $218,000 to $1,933,000.
What are the ongoing fees for a Strickland Brothers franchise?
The ongoing fees for a Strickland Brothers franchise include a royalty fee of 7% of gross sales. Additionally, franchisees are required to contribute 2% of their gross sales to the brand’s marketing fund. These fees support the overall operation, brand development, and advertising efforts to maintain and grow the franchise’s presence in the market.
What are the financial requirements to become a Strickland Brothers franchisee?
To become a Strickland Brothers franchisee, you must have a minimum net worth of $500,000 and liquid capital of at least $200,000. These requirements ensure that franchisees have the financial stability and resources needed to support the initial investment and ongoing operational costs of running a Strickland Brothers franchise.
How much can a Strickland Brothers franchise owner expect to earn?
The average gross sales for a Strickland Brothers franchise are approximately $0.67 million per location. Assuming a 15% operating profit margin, $0.67 million yearly revenue can result in $101,000 EBITDA annually.
Who owns Strickland Brothers?
Strickland Brothers franchise is owned by Princeton Equity Group, a private equity firm specializing in partnering with growth-oriented franchise businesses. Their ownership focuses on supporting the brand’s expansion and operational excellence while maintaining the quality and reputation of the franchise system.
Disclaimer
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