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Below is an in-depth analysis and side-by-side comparison of Oilstop-Drive Thru Oil Change Centers vs Indy 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 | $250,000 - $450,000 |
Franchise Fee | $27,500 - $35,000 | $7,500 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 5% |
Year Founded | 1987 | 1986 |
Year Franchised | 1998 | 1989 |
Term Of Agreement | 20 years | 20 years +5-10 |
Term Of Agreement | 20 years | 20 years +5-10 |
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 | Headquarters 2-3 Weeks |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Central Data Processing: At Additional Cost Central Purchasing: At Additional Cost Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
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.
INDY LUBE oil change centers specialize in fluid maintenance of both passenger and light industrial vehicles. Each INDY LUBE facility is up-scale with a spacious reception room with television, wallpaper and courtesy phone. The INDY LUBE full-service oil change includes a 20-point safety and fluid check. Each center also has a point-of-sale computer system.