Victory Lane Quick Oil Change vs Strickland Brothers 10 Minute Oil Change Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Victory Lane Quick Oil Change vs Strickland Brothers 10 Minute Oil Change including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$137,000 - $532,000 | $196,400 - $510,900 |
Franchise Fee |
$30,000 | $54,900 |
Royalty Fee |
6% | 5% |
Advertising Fee |
2% | 2.5% |
Year Founded |
1980 | 2016 |
Year Franchised |
1986 | 2019 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$4500 | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/Yes |
Start-up Costs |
No/Yes | -/Yes |
Equipment |
No/Yes | -/Yes |
Inventory |
No/No | -/Yes |
Receivables |
No/No | -/Yes |
Payroll |
No/No | -/Yes |
Training & Support |
Training |
- |
On-The-Job Training: 80 hours
Classroom Training: 10 hours
Additional Training: SB University
|
Support |
- |
Ongoing Support
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
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
Loyalty program/app
|
Operations |
- | Number of Employees Required to Run: 5 - 10
|
Expansion Plans |
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 Strickland Brothers 10 Minute Oil Change
One of the most difficult aspects of this industry is inventory.
Strickland Brothers’ vendors order products through demographic reports
and even stock them on the shelf on behalf of each Franchise Owner.
Without the need for master packs, dead stock, tied up capital, or
inventory headaches our Owners take advantage of stronger profit
margins.
Seeking new franchise units in the following regions/states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District
of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois,
Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine,
Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North
Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio,
Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina,
Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West
Virginia and Wyoming
Veteran Incentives Discounted royalty fee for first three months