Valvoline Instant Oil Change FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will operate a Valvoline Instant Oil Change service center, a quick-service engine oil change facility which offers chassis lubrication, certain routine maintenance checks and other automotive services.
Corporate Information
Valvoline Instant Oil Change Franchising, Inc. was incorporated in Delaware on August 1, 1988. Its principal place of business is 100 Valvoline Way, Suite 100, Lexington, Kentucky 40509.
Investment
The estimated total investment necessary to begin operation of one Valvoline Instant Oil Change service center ranges from $192,375 to $3,483,550 per service center. This includes the $73,750 to $122,050 that must be paid to the franchisor or an affiliate. If you are offered the opportunity to develop multiple service centers under a development agreement, you will pay the franchisor a development fee of $5,000 for each existing oil change facility that you convert or newly constructed service center you develop. The minimum number of service centers that you must open under the development agreement will be mutually agreed upon by you and the franchisor, but will be at least three service centers. The estimated total investment ranges from $207,375 to $3,498,550 for the area development rights to open three service centers and the first service center licensed in connection with the development agreement. This includes the $88,750 to $137,050 that must be paid to the franchisor or an affiliate.
