Victory Lane Quick Oil Change

Overview

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

Additional Details

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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Why Victory Lane Quick Oil Change?

Our Ideal Franchisee

Available Markets

Background

Year founded: 1980

Year Franchised: 1986

Home Based: No

Financial Details

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

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: