The 10 Best Oil Change Franchises in the USA (2024)
The demand for vehicle maintenance services in the US is rising steadily as more people prioritize extending the lifespan of their vehicles. Among these services, oil changes are a critical component of routine vehicle care, making oil change franchises an attractive business opportunity for entrepreneurs.
With the automotive maintenance industry expected to grow in the coming years, investing in a reliable oil change franchise offers the potential for steady profits and business growth.
This post will explore the top oil change franchises that are well-established, offer support, and present lucrative opportunities for aspiring franchisees.
The 10 Best Oil Change Franchises
Franchise | Franchising Since | Locations* | Initial Investment | AUV (Average Unit Volume) |
---|---|---|---|---|
Jiffy Lube | 1979 | 1,710 | $232,000 – $442,000 | $769,000 |
Valvoline Instant Oil Change | 1988 | 817 | $183,000 – $306,000 | $1,157,000 |
Take 5 Oil Change | 2016 | 173 | $637,000 – $894,000 | $1,323,000 |
Grease Monkey | 1979 | 201 | $156,000 – $396,000 | $772,000 |
SpeeDee Oil Change & Auto Service | N/A | N/A | $205,000 – $466,000 | $830,000 |
Oilstop Drive Thru Oil Change | N/A | N/A | $2,028,000 – $2,883,000 | $989,000 |
Express Oil Change & Tire Engineers | 1983 | 40 | $2,000,000 – $5,300,000 | $1,657,000 |
Oil Can Henry’s | N/A | N/A | $187,000 – $402,000 | $780,000 |
FullSpeed Automotive | N/A | N/A | $174,000 – $324,000 | $815,000 |
Christian Brothers Automotive | 1996 | 253 | $454,250 – $582,400 | $1,370,000 |
AAMCO Transmission
Franchising Since: 1963
Franchised Units: 549
Initial Investment: $235,000 - $353,000
Franchise Fee: $39,500
Royalty Fee: 7.50%
AAMCO Transmission is an American chain of transmission repair shops owned by the Icahn Automotive Group and based in Horsham, Pennsylvania.
The chain was founded in 1962 by Anthony A. Martino and Robert Morgan in Philadelphia.
It focuses on transmission services and total car care such as oil and filter changes, brake services, heating and cooling system service, tune-ups, steering and suspension, factory-recommended maintenance, and related services on both retail and wholesale terms.
AAMCO Transmission began its franchising journey in 1963 and currently has nearly 600 locations nationwide.
Costa Oil
Franchising Since: 2020
Franchised Units: 9
Initial Investment: $156,000 - $1,875,000
Franchise Fee: $54,900
Royalty Fee: 6.50%
Costa Oil is an automotive service chain based in Hanover, Pennsylvania. Its centers specialize in no-announcement, drive-through 10-minute oil changes, and other car maintenance services.
Costa Oil was founded in 2014 and has been franchising since 2020. As of 2022, the company had opened 18 locations in the US, 15 of which were franchise-owned.
With a focus on customer service delivery and a commitment to an innovative business model, Costa Oil is a good choice for motorists looking for a quick and convenient oil change. It is growing fast across the country, with over 30 stores currently, according to its website.
Costa Oil has a robust business model for entrepreneurs and franchise owners who want a unique business opportunity with great potential and possibilities. It offers them a low cost of entry and access to a residual business.
Express Oil Change & Tire Engineers
Franchising Since: 1983
Franchised Units: 40
Initial Investment: $2,562,000 - $3,815,000
Franchise Fee: $50,000
Royalty Fee: 5.00%
Express Oil Change & Tire Engineers is an automotive maintenance brand headquartered in Birmingham, Alabama. It is known for its proprietary 10-minute oil change, and it also offers tire services, full-service mechanical, brake services, etc.
Express Oil Change & Tire Engineers was founded by Jim Lunceford in 1979. It began franchising in 1983, and by the end of 2018, it had opened 233 locations, of which 115 were franchises in the US.
Express Oil Change & Tire Engineers was acquired by the Golden Capital Group in 2018, becoming part of one of the largest automotive maintenance providers in the country.
Today, the company has continued its growth through a network of dealers, and it is a perfect opportunity for franchise owners who wish to start their careers performing maintenance and repairs for clients and taking their business to success.
Grease Monkey
Franchising Since: 1979
Franchised Units: 201
Initial Investment: $252,000 - $821,000
Franchise Fee: $39,900
Royalty Fee: 6.00%
Grease Monkey is one of America’s largest independent franchisors of automotive oil change centers, operating in the US, China, Mexico, Saudi Arabia, and Colombia.
Founded in 1978, the company provides a wide range of preventive vehicle maintenance services and products, including air conditioning, air filters, alignments, batteries, brakes, check engine lights, diagnostic services, diesel exhaust fluid, differential service, fuel & emission system cleaning, headlights, and power steering.
Grease Monkey is headquartered in Colorado and operates as a subsidiary of FullSpeed Automotive.
The brand has been franchising since 1979. Today, Grease Monkey operates in more than 475 locations globally, with approximately 340 centers in the US.
Jiffy Lube
Franchising Since: 1979
Franchised Units: 1,710
Initial Investment: $232,000 - $443,000
Franchise Fee: $35,000
Royalty Fee: 3% to 5%
Jiffy Lube is an American chain of automotive oil change specialty shops based in Houston, Texas.
The chain was founded in 1979 by W. James Hindman after purchasing all seven existing Jiffy Lube franchises from Edwin H. Washburn and establishing Jiffy Lube International.
Its franchises offer oil changes and lubrication services for cars and light trucks, air conditioning maintenance, brake maintenance, cooling system maintenance, engine and fuel system cleaning, emissions and inspections, tire changes, and more.
Now a wholly-owned subsidiary of Shell, the brand began franchising in 1979 and has more than 2,100 locations globally.
Midas
Franchising Since: 1956
Franchised Units: 973
Initial Investment: $104,000 - $1,043,000
Franchise Fee: $35,000
Royalty Fee: 10.00%
Midas is an American chain of automotive maintenance and service centers headquartered in Palm Beach Gardens, Florida.
The chain was founded in 1954 by Nate H. Sherman in Macon, Georgia.
Its centers sell and install motor vehicle exhaust systems, brake components, suspension parts, heating and cooling system parts, tires, batteries, and other motor vehicle parts. Also, they perform general and scheduled vehicle maintenance services.
Midas began franchising in 1956 and currently has over 1,900 locations, with 973 franchises in the US.
SpeeDee Oil Change & Tune Up
Franchising Since: 1986
Franchised Units: 69
Initial Investment: $272,000 - $872,000
Franchise Fee: $39,900
Royalty Fee: 5% to 6%
SpeeDee Oil Change & Tune Up is a quick lube and automotive tune-up service franchise based in Greenwood Village, Colorado.
It was founded in 1980 in Metairie, Louisiana, by Gary Copp and Kevin Bennett.
SpeeDee Oil Change & Tune Up offers smog checks, oil changes, tune-ups, major maintenance services, air conditioning and radiator services, transmission services, and brake services.
Its franchising journey began in 1982, and today it has more than 150 locations and is part of FullSpeed Automotive, along with Grease Monkey and other brands.
Strickland Brothers 10 Minute Oil Change
Franchising Since: 2019
Franchised Units: 38
Initial Investment: $218,000 - $1,933,000
Franchise Fee: $54,900
Royalty Fee: 6.00%
Strickland Brothers 10 Minute Oil Change is an automotive repair and maintenance chain located in Winston-Salem, North Carolina. Its centers offer services such as drive-through oil changes, fleet service, state inspection services, and courtesy checks.
Justin Strickland established Strickland Brothers 10 Minute Oil Change in 2016 as a family business. It is named after the founders’ two sons, Tate and Beckett, and a picture of the two Strickland brothers is usually hung in all its locations.
Strickland Brothers 10 Minute Oil Change began franchising in 2019, and as of 2022, it had opened 111 locations, with 38 franchises in the US.
Through innovations and program structuring, Strickland Brothers 10 Minute Oil Change continues its mission of setting and meeting service standards that are innovative and centered around the highest level of service, every time. It has established a network of passionate investors determined to maintain high-quality maintenance services and improve their communities.
Take 5 Oil Change
Franchising Since: 2016
Franchised Units: 173
Initial Investment: $223,000 - $1,617,000
Franchise Fee: $35,000
Royalty Fee: 7.00%
Take 5 Oil Change is an American quick lube service franchise featuring a unique drive-thru concept that allows customers to stay in their cars. Also, it offers vehicle inspections, coolant services, and seasonal tire changes.
Take 5 Oil Change was established in 1984 in Metairie, Los Angeles, by Monty Montgomery. It is part of the Driven Brands family, headquartered in Charlotte, North Carolina, alongside other brands such as Maaco, Carstar, and Meineke.
It began franchising in 2016 and currently has 762 locations worldwide, including 173 franchises in the US and 558 company-owned franchises.
Valvoline Instant Oil Change
Franchising Since: 1988
Franchised Units: 817
Initial Investment: $205,000 - $396,000
Franchise Fee: $30,000
Royalty Fee: 6.00%
Valvoline Instant Oil Change is an American chain of preventive maintenance service centers based in Lexington, Kentucky.
It was founded in 1986 by the Valvoline Company.
The franchise operates quick-service engine oil change facilities, offering chassis lubrication, certain routine maintenance checks, and other automotive services.
Valvoline Instant Oil Change began franchising in 1988 and now has 1,573 locations globally, with 817 units in the US.
Disclaimer
Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.