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Updated RecentlyOil Can Henry's Franchise
Automotive lubrication and filter maintenance
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.
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How much does it cost to open a Oil Can Henry's Franchise?
The investment required to open a Oil Can Henry's Franchise is between $135,000-$212,000. There is an initial franchise fee of $25,000 which grants you the license to run a business under the Oil Can Henry's name.
Individual Unit Costs
- Initial Investment:
$135,000-$212,000 - Initial Franchise Fee:
$25,000 - Royalty Fee:
5.5% - Advertising Fee:
- Term of Agreement:
10 years
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When did Oil Can Henry's start Franchising? 1988
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 59 | 0 | 0 | 7 |
| 2004 | 57 | 0 | 0 | 5 |
| 2003 | 59 | 0 | 0 | 5 |
| 2002 | 47 | 0 | 0 | 5 |
| 2001 | 47 | 0 | 0 | 2 |
United States: Arizona, California, Colorado, Florida, Idaho, New Mexico, Nevada, Oregon, Washington,
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Third Party Financing Source(s): Castrol Select Service Alliance
Training
Training available on an ongoing basis & as requested
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Ad slicks, Regional advertising
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)
Business Experience:
To calculate how much income a franchise owner can do at Oil Can Henry's Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Oil Can Henry's and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing an Oil Can Henry's franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Oil Can Henry's
Oil Can Henry's
1200 N.W. Naito Pkwy., #690
Portland,
OR
97209