Take 5 Oil Change Franchise
It may be time to become your boss and start your franchise business. Have you ever wanted to own your own business? Be your boss? Are you looking for a franchise in the USA?
As a franchise owner, you can improve your work-life balance, set your hours, have greater control of your day-to-day responsibilities, and build a flexible career around your lifestyle requirements. Is it time to be your boss? There’s no better way to take control of your life and start your own business in this sector than to own Take 5 Oil Change Franchise.
Take 5 Oil Change Franchise is right for you. To know about how you can get a franchise, in the following paragraph. You can see the cost and profit you can make through the franchise. You can even learn about the requirements that are needed for a franchise.
Table of Contents
Take 5 Oil Change Franchise Wiki
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Take 5 Oil Change is an automotive services franchise offering a comprehensive range of solutions to keep vehicles running smoothly. Their offerings include full-service oil changes, air filter replacements, coolant exchanges, and wiper blade replacements.
The brand started in 1984 as a traditional oil change shop in Metairie, Louisiana, eventually growing to three shops. In 1996, the company created the first stay-in-your-car oil change and continued to grow. It was acquired by Driven Brands in 2015 and began franchising three years later in 2018.
Take 5 Oil Change Franchise Benefits
- Brand Recognition
- Low Cost of Entry
- Support from an Expert Team
- Reduced Risk for Startups
- A Vibrant And Growing Industry
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Take 5 Oil Change Franchise Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
Take 5 Oil Change Franchise Cost/ Investment / Price / Fee
The costs can vary. Item 7 in our Franchise Disclosure Document (FDD) details all the costs of opening a Take 5. The price ranges from $670K to $878K, and the construction costs are almost 70% of this total.
Take 5 Oil Change Franchise Requirements
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- Legal to work in the USA
- Ability to speak and understand English
- Have all Legal documents
- No criminal record
How Much Money Can I Make With A Take 5 Oil Change Franchise
We encourage prospective franchisees to conduct significant due diligence during the discovery process and contact existing franchisees with questions on marketing, finances, sales volumes, operations, etc. The amount of profit or loss depends on several factors, including the ability of the franchisee to manage the business, drive sales volume, and control operating costs.
How to Apply For Take 5 Oil Change Franchise
First, you must fill out the form to get the franchise. Then the company officials will contact you for further details. After that, you can open this franchise.
Contact details
Website
Conclusion
So far, we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information, please share it with us. Share your thoughts, and we will contact you with new franchises and opportunities. Stay Tuned for more franchises. Thank you
FAQ (Frequently Asked Question)
Is Take 5 Oil Change Franchise profitable or not?
Ans: It is a fast-moving product with fewer margins, but your sales need to be lowered. So, you can make more profit from this business.
How much does it cost to open Take 5 Oil Change Franchise?
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The costs can vary. Item 7 in our Franchise Disclosure Document (FDD) details all the costs of opening a Take 5. The price ranges from $670K to $878K, and the construction costs are almost 70% of this total.
Is Take 5 Oil Change a Franchise?
Yes, it’s a franchise.
What training is provided for a new Take 5 Franchise Owner?
We have a robust three-week training program in our Charlotte training facility. We then send a Take 5 trainer to your new location to supervise your grand opening.
How long does it take to open my first location?
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A typical new location opening will take 6-9 months once a lease is signed. The key phases are site selection, LOI & lease negotiation, due diligence and inspections, permitting, and construction. While you are primarily responsible for these activities, our real estate and M&A teams work closely with you to ensure your development schedules are on time. A new opening under our conversion program will be about three months quicker than a ground-up location.
Disclaimer: The information in this article, like investment, may vary from place to place, so we are not sure about the investment part and other parts.
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