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Updated RecentlyOil Can Henry's vs Indy Lube Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Oil Can Henry's 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 | $135,000 - $212,000 | $250,000 - $450,000 |
| Franchise Fee | $25,000 | $7,500 |
| Royalty Fee | 5.5% | 5% |
| Advertising Fee | - | 5% |
| Year Founded | 1972 | 1986 |
| Year Franchised | 1988 | 1989 |
| Term Of Agreement | 10 years | 20 years +5-10 |
| Term Of Agreement | 10 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/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | Training available on an ongoing basis & as requested | Headquarters 2-3 Weeks |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | 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 |
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 | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Oil Can Henry's
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.
About Indy Lube
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.