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Investment
$1,863,000
Initial Franchise Fee
$35,000
Units
233
Growth Rate
N/A
Overview
Industry
Automotive
Founded
1979
Franchising Since
1983
Parent Company
Golden Gate Capital
Leadership
Ricky Brooks, CEO
# of Employees at HQ
90
Follow
Units and Growth Chart
Investment Details
Initial Franchise Fee
$35,000
Initial Investment
$1,863,000 - $2,716,000
Net Worth Requirement
$500,000
Cash Requirement
$350,000
Royalty Fee
5%
Ad Royalty Fee
3%
Technology Fee
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
N/A
Available Territories
Franchising opportunities available in the following regions
United States
Training & Support Programs
Comprehensive training and ongoing support to help you succeed
Training
On the Job Training
324 hours
Classroom Training
12 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
Operations & Requirements
Key operational details and requirements for running this franchise
Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
6-8
Are exclusive territories available?
Yes
Ranking History
Express Oil Change & Tire Engineers performance in the Franchise rankings over recent years
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022