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Below is an in-depth analysis and side-by-side comparison of Oilstop-Drive Thru Oil Change Centers vs Oil Can Henry's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $266,100 - $995,100 | $135,000 - $212,000 |
Franchise Fee | $27,500 - $35,000 | $25,000 |
Royalty Fee | 5% | 5.5% |
Advertising Fee | - | - |
Year Founded | 1987 | 1972 |
Year Franchised | 1998 | 1988 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | Ongoing training available | Training available on an ongoing basis & as requested |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Ad slicks, Regional advertising | Ad slicks, Regional advertising |
Operations |
34% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
70% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 12
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
Founded by Larry Dahl, Oilstop centers provide drive-thru oil changes. The company also offers gear treatment, power drain service, PCV valve replacement, engine stop leak service, internal engine cleaning, engine treatment, fuel system cleaners and other services.
Oil Can Henry’s is now Valvoline Instant Oil Change
Oil Can Henry's was founded in 1972 and began franchising in 1988. It was a private company with more than 40 locations across the United States, and was based in Portland, Oregon.