Jiffy Lube vs Victory Lane Quick Oil Change Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jiffy Lube vs Victory Lane Quick Oil Change including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Jiffy Lube Franchise
Victory Lane Quick Oil Change Franchise
Investment $207,000 - $422,650$137,000 - $532,000
Franchise Fee $17,500 - $35,000$30,000
Royalty Fee 3-4%6%
Advertising Fee 1.5%2%
Year Founded 19791980
Year Franchised 19791986
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee $17.5K$4500


Business Experience Requirements

 
Jiffy Lube Franchise
Victory Lane Quick Oil Change Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Jiffy Lube Franchise
    Victory Lane Quick Oil Change Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Jiffy Lube Franchise
    Victory Lane Quick Oil Change Franchise
    Training Available at franchisee's location, Additional training available On-The-Job Training: 10-40 hours Classroom Training: 40 hours -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing -
    Operations 80% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Jiffy Lube Franchise
    Victory Lane Quick Oil Change Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Jiffy Lube

    The decline of full-service gas stations in the 1970s left many consumers without their traditional sources for oil changes. Jiffy Lube began under Jim Hindman in 1979 as an association of seven fast-lube centers in the western United States. Today the franchise is a wholly-owned subsidiary of Pennzoil-Quaker State Co. and has locations nationwide.
    Take the worry out of forging ahead on your own by having a support team behind you. As the pioneer and leader of the quick lube industry, Jiffy Lube International knows what works and what doesn't. Jiffy Lube International focuses on elements critical to business operations, in addition to offering innovative programs to help attract and retain customers. The Jiffy Lube Franchise model has been helping business owners successfully run their own businesses since 1979.
    If you have strong interpersonal skills, the ability to manage and motivate employees, and the desire to learn and follow a proven system that emphasizes value and customer satisfaction, let us work with you to turn your dreams into reality.
    Already Own a Quick Lube Location? Jiffy Lube could be a perfect fit for you if you already own a quick lube location and are looking for ways to expand your business and attract more customers. You already have the pieces in place, and now you could leverage the brand strength of the industry leader. Many quick lube owners come to us because they can't quite figure out how to take their business to the next level. Jiffy Lube can help. Benefits to joining the #1 brand in the quick lube market:
    *Brand recognition
    *Comprehensive training
    *Proven systems
    *National fleet services
    *Network of support

    Seeking new franchise units throughout the U.S. , Canada and South America    
    Veteran Incentives  Franchise fee waived
    "Top   ""
    #116 in Canada's Top franchises.

    "franchiserankingscom"
    #48 on Franchise Rankings.com
    #70 in Franchise 500 doe 2020.



    About Victory Lane Quick Oil Change

    Enter An Exciting Industry That Offers Great Opportunities! Victory Lane Quick Oil Change, Inc. is your entrance into a solid, recession proof industry that has strong consumer demand! Become part of one of the best quick lube franchise opportunities in the United States. Every car owner needs it's oil changed, and with more demands on Americans’ time than ever before, the increase in population growth, and stringent government regulations on used oil disposal, the demand for do-it-for-me quick oil changes has increased significantly. Think of all the new neighborhoods being developed. For each new home built, there are 1, 2, 3, 4 or more drivers with vehicles, and each of these cars needs its oil changed an average of 3.7 times a year, according to the Automotive Oil Change Association. This means that new customers are literally moving into your area all the time, and just waiting for a Victory Lane Quick Oil Change center to open and change their oil and major automotive fluids. Could you be the quick oil change franchisee they are looking for? The American dream is still alive and we’re living it. Come join us!

    The total investment necessary to begin operation of a single Victory Lane Center is $137,000 to $412,000. This includes $44,500 to $51,000 that must be paid to the franchisor or its affiliates.
    The total investment necessary to begin 3 to 5 Victory Lane Centers under our Area Development Program is $167,500 to $532,000, including total investment for one Victory Lane Center. This includes $79,500 to $219,500 (based on 2 to 5 VICTORY LANE® Centers) that must be paid to the Franchisor or affiliate.