Take 5 FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is to operate a motor vehicle center under the “TAKE 5®” name and other trademarks that offers quick service, customer-oriented oil changes, lubrication and related motor vehicle services and products.
Corporate Information
Take 5 Franchisor SPV LLC is a Delaware limited liability company organized on February 23, 2018. They do business under the name Take 5® and Take 5 Oil Change®. Their principal business address is 440 S. Church Street, Suite 700, Charlotte, North Carolina 28202. They are a a direct, wholly-owned subsidiary of Driven Systems LLC, a Delaware limited liability company.
Investment
The total investment necessary to begin operation of a new (ground-up) Take 5 Oil Change Center franchise is $734,497 to $1,307,888. This includes $111,997 to $142,388 that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of a conversion Take 5 Oil Change Center franchise is $221,997 to $537,888. This includes $84,997 to $155,388 that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation under the Area Development Agreement is $35,000 to $262,500. This includes $35,000 to $262,500 that must be paid to the franchisor or an affiliate.
