
Website: www.victorylane.net
Franchise Fee: $49,500
Royalties: 8%
Cash Investment: $125,000
Total Investment: $125,000 - $980,000
Net Worth: $300,000
VetFran: Yes
SBA Approved: Yes
Master Franchise / Area Developer Opportunity: Yes
Our highly trained service technicians provide required maintenance services including replacement of all fluids and filters, wiper blades, lightbulbs and tire rotation. We have incorporated a distinctive architectural design to attract customers, provide the best and latest software for business and customer use, and integrated environmentally safe recycling methods. Our “Zip-Pit” construction eliminates basements thus reducing construction time and cost. Franchisees buy products at cost directly from suppliers thus keeping overhead lowest in the industry.
WHY Victory Lane Quick Oil Change?
Work With a Proven Team
We know the ins and outs of the franchising process.
OUR IDEAL FRANCHISEE
Team leader that understands the importance of the retail customer
AVAILABLE MARKETS
US markets available: All except noted below
HOT Regions/Desirable: All
NOT available: MI
Available in Canada: Yes
International Referrals: Yes
BACKGROUND
Franchised Units: 27
Company Owned Units: 19
Total units: 46
Master Franchisees: 0
Projected New Units (12 Months): 4
Passive Ownership: Yes preferred to do this in multi-unit, singles own and operate.
Average Number of Employees: 4-6
FINANCIAL DETAILS
Franchise Fee: $49,500
Providing earnings guidance in Item 19 in FDD: Yes
Total Investment: $125,000 to $980,000 per Item 7
Minimum Net Worth: $300,000
Royalty: 8%
Ad: 2% (1% returned to franchisee for local advertising)
SUPPORT & TRAINING PROVIDED
Financial Assistance Provided: Yes, 3rd Party
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-Operative Advertising: Yes
Training: 2 weeks at Corporate Headquarters in Plymouth, MI. 1 week at Franchisee’s Center, field visits and continuous franchise support.
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Year founded: 1980
Year Franchised: 1986
Home Based: No
| Franchise Fee: | $49,500 |
|---|---|
| Providing Earnings Guidance in Item 19 in FDD: | Yes |
| Total Investment Range: |
Single Unit: $125,000 - $980,000 |
| Net Worth Requirement: | $300,000 |
| Royalty: | 8% |
| VetFran Program: | Yes |
There are currently no resales listed for this franchise.