| ||||
Updated RecentlyValvoline Instant Oil Change vs Lubepro's International Inc. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Valvoline Instant Oil Change vs Lubepro's International Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $181,000 - $3,158,500 | $223,000 - $274,000 |
| Franchise Fee | $30,000 | $32,000 |
| Royalty Fee | 4-6% | 5% |
| Advertising Fee | 3% | 5% |
| Year Founded | 1986 | 1978 |
| Year Franchised | 1988 | 1985 |
| Term Of Agreement | 15 years | 20 Years +10+10 |
| Term Of Agreement | 15 years | 20 Years +10+10 |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | Yes/No | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
||
| Training | - | 1. Rockford, IL 10 Days 2. In-Store 7 Days |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations | Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
| Marketing | Ad slicks | - |
| Operations |
40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators) | Average Number of Employees: 9 Full-time, 0 Part-time Passive Ownership: Allowed |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Valvoline Instant Oil Change
We’re passionate about cars, as you might expect. But we’re really in the business of taking care of people. At Valvoline Instant Oil Change (VIOC) people are our greatest asset.
We bring the quality
of the Valvoline brand to the do-it-for-me quick lube customer. Today we
have 900+ VIOC locations coast to coast, and we serve
9 million
customers a year. We don’t just change oil; we protect one of our
customers’ most valuable investments. Because they rely on their
vehicles, they rely on Valvoline Instant Oil Change.
Valvoline Instant Oil Change is a division of The Valvoline Co. and was created in 1986 with the purchase of quick-lube centers throughout New York, Minneapolis and Michigan. The public company began franchising in 1988 and is based in Lexington, Kentucky.
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#57 in Franchise 500 for 2020.
#20 in Franchise 500 for 2021.
About Lubepro's International Inc.
Some of your favorite LubePro's have become Grease Monkey! Click here to find the Grease Monkey location nearest you.
Check https://thefranchisemall.com/franchises/details/10764-0-grease_monkey_and_grease_monkey_shine.htm