Valvoline Franchise
The auto industry is vast, with many players offering various services. Valvoline is a trusted car service brand that provides all sorts of solutions.
Beyond its services, Valvoline seeks to expand its operations through its franchise program. Here, interested and qualified investors are invited to join its program.
Table of Contents
Wiki
Valvoline Inc. manufactures and markets engine and automotive maintenance products and services. The company was founded in 1866 and is headquartered in Lexington, Kentucky.
In addition, the company operates Valvoline instant oil change service centers. As of October 08, 2018, it operated approximately 1,150 Valvoline Instant Oil Change SM centers in the United States; and approximately 70 Great Canadian Oil Change locations in Canada. The company also serves car dealers, general repair shops, and third-party quick lube locations.
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Benefits
- Brand Recognition
- Low Cost of Entry
- Support from an Expert Team
- Reduced Risk for Startups
- A Vibrant And Growing Industry
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.
Cost/ Investment / Price / Fee
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Valvoline has the franchise fee of up to $30,000, with total initial investment range of $174,500 – $2,523,500.
Initial investments: $174,500 – $2,523,500
Net-worth Requirement: $1,000,000
Liquid Cash Requirement: $600,000
Ongoing Fees
Initial Franchise Fee: $30,000
Ongoing Fee: 4-6%
Ad Royalty Fee: 2%
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Requirements
- Legal to work in USA
- Ability to speak and understand English
- Have all Legal documents
- No criminal record
How Much Money Can I Make With A
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise hinges on several specific characteristics, such as franchise location, labour costs, commercial lease rates, etc.
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How to Apply For
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
https://www.valvolineglobal.com
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)
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Is Valvoline Franchise profitable or not?
Ans: It is a fast-moving product with fewer margins, but your sale needs to be lowered. So, you can make more profit from this business.
How much does it cost to open Valvoline Franchise?
Valvoline has the franchise fee of up to $30,000, with total initial investment range of $174,500 – $2,523,500.
Is Valvoline a Franchise?
Yes, a franchise.
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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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