Take 5 Oil Change Franchise FDD, Profits, & Costs
Take 5 Oil Change was founded in 1984 and is headquartered in Charlotte, North Carolina. Known for its quick and convenient oil change services, Take 5 allows customers to stay in their cars while getting an oil change.
The franchise began expanding through franchising in 2016, rapidly growing its footprint across the United States. Take 5 Oil Change differentiates itself by offering a fast, friendly, and simple service that typically takes just 10 minutes.
This efficient model not only saves customers time but also includes additional perks such as free tire checks and fluid top-offs, enhancing overall customer satisfaction. This unique approach has positioned Take 5 as a leader in the quick oil change industry.
Initial Investment
How much does it cost to start a Take 5 Oil Change franchise? It costs on average between $223,000 – $1,617,000 to start a Take 5 Oil Change franchised location.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of facility you choose, the location, and whether the franchisee chooses to lease or purchase the property. Take 5 Oil Change offers 2 types of franchises:
| Type Of Expenditure | New Center Amount | Conversion Center Amount |
|---|---|---|
| Initial Franchise Fee | $35,000 | $35,000 |
| Building Work | $235,000 – $485,000 | $20,000 – $250,000 |
| General Site Work | $175,000 – $440,000 | $0 – $120,000 |
| General Conditions and Fees | $70,000 – $224,000 | $0 – $40,000 |
| Due Diligence, Permits, Design and Plans | $40,000 – $180,000 | $0 – $55,000 |
| FF&E and Marketing Package | $31,794 – $40,185 | $4,794 – $53,185 |
| Software Installation Fee | $3,000 | $3,000 |
| Used Oil System | $7,000 – $15,000 | $0 – $15,000 |
| Signage | $25,000 – $40,000 | $22,500 – $35,000 |
| Opening Inventory | $23,000 – $35,000 | $23,000 – $35,000 |
| 3 Months’ Rent and Security Deposit | $20,000 | $20,000 |
| Training Fees, Salaries and Expenses During Training | $15,000 – $20,000 | $15,000 – $20,000 |
| Grand Opening Advertising and Marketing | $20,000 | $20,000 |
| Insurance | $7,500 | $7,500 |
| Additional Funds – 3 Months | $52,000 | $52,000 |
| TOTAL (excluding real estate costs) | $759,294 – $1,616,685 | $222,794 – $760,685 |
Take 5 Oil Change Franchise Disclosure Document
Frequently Asked Questions
What funding options are available for a Take 5 Oil Change franchise?
Most franchise buyers in Take 5 Oil Change’s investment range finance their unit through an SBA 7(a) loan, with some multi-unit operators using SBA 504 loans for real estate. Buyers with rollable retirement funds sometimes use a ROBS structure to reduce debt service. See SharpSheets’ financial model hub for funding guidance.
How long does it take to pay back a Take 5 Oil Change franchise investment?
Payback periods for franchises in Take 5 Oil Change’s category typically run 3-7 years, depending on investment level, location performance, and financing structure. Actual payback varies significantly by unit performance and debt service obligations.
Who owns Take 5 Oil Change?
Take 5 Oil Change is owned by Driven Brands, Inc., a leading automotive services company. Driven Brands acquired Take 5 Oil Change in 2020, further expanding its portfolio of automotive service brands.
SharpSheets Editorial Team | sharpsheets.io | Last Updated: June 2026
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