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Below is an in-depth analysis and side-by-side comparison of Jiffy Lube vs Oil Extreme Mobile Pit Stop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $207,000 - $422,650 | $41,000 |
Franchise Fee | $17,500 - $35,000 | N/A |
Royalty Fee | 3-4% | 0 |
Advertising Fee | 1.5% | - |
Year Founded | 1979 | 1994 |
Year Franchised | 1979 | 1994 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | $17.5K | - |
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/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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)
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Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
THE WORLD'S BEST MOTOR OIL AND BUSINESS OPPORTUNITY
"The World's Best Oil and business opportunity? YES! And I know that's a big statement. But, if you'll read our brochures and technical data carefully, and then check our race results, I believe you'll understand why we can make that statement. We can now give you huge guaranteed corporate accounts in many areas AND give you a protected territory FREE. If you're looking for an exciting and lucrative business opportunity, the OIL EXTREME MOBILE PIT STOP with its Exclusive Territory Dealership Program is for you! Our program makes it easy to get your business started right away. And we'll be there to help you be successful. Join the others who have teamed with Oil Extreme to create a new and rewarding future for themselves." George French, President