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Below is an in-depth analysis and side-by-side comparison of Oilstop-Drive Thru Oil Change Centers vs Mr. Lube 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 | $300,000 - $500,000 |
Franchise Fee | $27,500 - $35,000 | $50,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1987 | 1976 |
Year Franchised | 1998 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Ongoing training available | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | 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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | 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.