Strickland Brothers 10 Minute Oil Change - Franchise
Strickland Brothers 10 Minute Oil Change is your one-stop shop for fast and friendly oil change & maintenance services. With Strickland Brothers, you’ll find a recession-resilient business model that’s simple, scalable, and, most importantly, proven. You’ll get the best possible support and guidance-including startup and ongoing training, consistent communication, effective marketing and real estate construction.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $300,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $750,000 What does Net Worth mean? |
| Total Investment: | $221,400 - $363,900 What does Total Investment mean? |
Options
Options available to franchisees:
| Training: | Available |
|---|---|
| Veteran Discount: | 10% off the Master License Fee |
Franchisor Details
Facts about this franchise:
| Home Office: | Salem, NC |
|---|---|
| Year Founded: | 2016 |
| Franchising Since: | 2020 |
What Does a Strickland Brothers 10 Minute Oil Change Franchise Cost?
To buy a franchise with Strickland Brothers 10 Minute Oil Change, you'll need to have at least liquid capital of $300,000 and a minimum net worth of $750,000. Franchisees can expect to make a total investment of $221,400 - $363,900. They also offer a discount for veterans (10% off the Master License Fee) . *
About Us
Our mission at Strickland Brothers 10 Minute Oil Change is to exceed the expectations of every customer by setting and meeting service standards that are innovative and centered around the highest level of service, every time. We aim to provide dependable services and quality products for a fair price in a friendly, honest and accommodating environment.
We will never pressure you to buy any service or part, or recommend any service that is not immediately needed. We take pride in providing our customers with fast and friendly oil changes and preventative maintenance services. Stop by one of our convenient locations and discover the difference of fast and friendly hometown service!
Our Core Values
- Customer Satisfaction
- Professionalism
- Servant Leadership
- Speed of Service
The Industry & Demand
Quick lube automotive is an $8 billion industry with more than 230 million licensed drivers in the U.S. At some point, every vehicle requires ongoing maintenance to keep it functioning properly, making this a high demand and recession-resilient industry. In fact, the industry averages 3.2 oil changes per car per year and currently has 287 million registered vehicles in the U.S.
Quick lube businesses make it easy, convenient, and affordable for vehicle owners to take care of this essential need while saving time and money. So why is this opportunity different from other concepts?
-
Inclusive Inventory Model
One of the most difficult aspects of this industry is inventory. Strickland Brothers’ vendors order products through demographic reports and even stock them on the shelf on behalf of each Franchise Owner. Without the need for master packs, dead stock, tied up capital, or inventory headaches our Owners take advantage of stronger profit margins.
Maintenance Free Oil SystemOur oil system is a simplified business model with national buying power. It requires less training and equipment and no basement is needed.
Low Build Out CostsOur competitors’ build-out costs are around $650,000 while our costs are approximately $250,000. With our strategic designs we have optimized functionally, ensuring the fastest oil change without the need for a full basement. This allows our Owners to save hundreds of thousands of dollars per location while still staying efficient.
Our Strategic PartnersWe have cultivated relationships with national vendors of the finest quality products on the market today and have some of the best product pricing in the industry. Together, we earn our customers’ trust in the products we offer.
Full-Service MarketingThere are very few if any automotive franchises that provide full management of marketing. We handle the website, social media, SEO, targeting, and more.
Support
The Franchise Support System
At the very core of what we do, it’s all about family so we understand that setting you up for success is imperative in helping you meet and exceed your goals with Strickland Brothers so we’ve invested in an experienced team to assist with marketing, operations, training, employee hiring and retention, real estate and construction and more; we’ve got you covered!
- Real Estate & Construction
Having built over 20+ locations corporately, we understand the ins and outs of the entire site selection and construction process so we’ve partnered with a couple of preferred vendors to oversee this process to find the best locations possible while keeping costs low.
- Technology
We provide industry-leading and fully integrated technology into every aspect of the business: POS, a back-office system that’s linked to CARFAX, CRM, marketing, reviews, auto emails, reporting, and more.
- Marketing
Unfortunately, not all of us are marketing professionals so our marketing team will manage this aspect of the business for each one of our Franchise Owners. There are very few, if any, other automotive franchise companies that offer this!
- Training
We provide up to two weeks of extensive training held in Winston-Salem, NC and virtually through Strickland Brothers University.
- Strickland Brothers University
Perhaps the biggest challenge the industry faces right now is finding, training, and retaining sufficient personnel. At Strickland Brothers, we have been able to hire, train, and retain top-notch employees through our proprietary education platform, we make it easy to attract individuals from a broad applicant pool with no experience necessary.
- On-going Support You will be assigned a dedicated Franchise Business Consultant (FBC) who will be your primary point of contact to assist with training, benchmarking KPIs, and more. Your FBC will visit your location at least once per quarter to assist with on-going support, training and compliance.
Ideal Candidate
When it comes to franchising with Strickland Brothers 10 Minute Oil Change, we are looking for partners to join our franchisee family that first and foremost, align with our core values. They are also committed to providing a high-quality, affordable service to members of their community. To help us determine whether you might make a great fit here are some skill sets and requirements needed to run a successful business, no automotive experience necessary! Business Acumen Management Experience Servant Leaders Strong Leadership Skills Community & Family-Oriented Customer Service Driven
Availability
Strickland Brothers 10 Minute Oil Change is currently accepting inquiries from the following states:
Alabama, Arkansas, Arizona, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming
Interested parties should have at least $300,000 in liquid capital to invest.
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