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Below is an in-depth analysis and side-by-side comparison of Express Oil Change vs Oil Extreme Mobile Pit Stop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,863,000 - $2,716,000 | $41,000 |
Franchise Fee | $35,000 | N/A |
Royalty Fee | 5% | 0 |
Advertising Fee | 3%Local | - |
Year Founded | 1979 | 1994 |
Year Franchised | 1983 | 1994 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | No previous auto mechanical experience or knowledge is necessary. We look for general business accumen, strong communication and people skills for motivating your staff and working with customers, a high level of energy, a positive attitude, a drive to succeed at your own business, and future goal orientation. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 296 hours Classroom Training: 24 hours Additional Training: At training centers | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
85% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8
Absentee ownership of franchise is allowed. There must be a partner running the operations. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
THE WORLD'S BEST MOTOR OIL AND BUSINESS OPPORTUNITY
"The World's Best Oil and business opportunity? YES! And I know that's a big statement. But, if you'll read our brochures and technical data carefully, and then check our race results, I believe you'll understand why we can make that statement. We can now give you huge guaranteed corporate accounts in many areas AND give you a protected territory FREE. If you're looking for an exciting and lucrative business opportunity, the OIL EXTREME MOBILE PIT STOP with its Exclusive Territory Dealership Program is for you! Our program makes it easy to get your business started right away. And we'll be there to help you be successful. Join the others who have teamed with Oil Extreme to create a new and rewarding future for themselves." George French, President