Victory Lane Quick Oil Change vs Econo Lube N' Tune Franchise Comparison

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

Start-Up Costs and Fees

 
Victory Lane Quick Oil Change Franchise
Econo Lube N' Tune Franchise
Investment $137,000 - $532,000$145,135 - $201,690
Franchise Fee $30,000$29,500
Royalty Fee 6%5%
Advertising Fee 2%6%
Year Founded 19801973
Year Franchised 19861973
Term Of Agreement 10 years20 years
Term Of Agreement 10 years20 years
Renewal Fee $4500-


Business Experience Requirements

 
Victory Lane Quick Oil Change Franchise
Econo Lube N' Tune Franchise
Experience --

Financing Options

 
Victory Lane Quick Oil Change Franchise
Econo Lube N' Tune Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Victory Lane Quick Oil Change Franchise
Econo Lube N' Tune Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Victory Lane Quick Oil Change Franchise
Econo Lube N' Tune Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

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.




About Econo Lube N' Tune

Econo Lube N' Tune & Brake's "turn-key" process is as simple as it sounds. If you are approved for a franchise and successfully complete the intensive initial training program - you'll simply "turn-the-key" and step into a fully staffed, equipped and operationally ready Econo Lube N' Tune & Brakes automotive service center, though we also provide you a credit which you can use to make additional cosmetic improvements. Econo Lube N' Tune & Brakes has existing centers as well as new locations available for franchising. Currently the Company is focusing on expansion in Arizona, Colorado, and Dallas (9/1/04) Econo Lube N' Tune & Brakes approaches the franchise process with a different philosophy than most other franchise companies. At Econo Lube N' Tune & Brakes we won't ask a potential franchise owner to invest or participate in developing a location until the company itself has made a substantial investment in time, energy, professional services and money. Before a prospective franchise owner is asked to commit to an Econo Lube N' Tune & Brakes location, the Company has: * Identified the marketplace * Selected a site * Purchased the property * Planned, designed and constructed the building * In most cases, acquired and installed all furniture, fixtures, equipment and signage * Fully stocked the location with all oil change, tune-up and brake parts needed * Hired and trained a staff to operate the location * Trained the new franchise owner Anyone who has ever opened their own business and has had to accomplish all of these goals on their own can truly relate, and appreciate the "turn-key" process we offer here at Econo Lube N' Tune & Brakes.