Take 5 Oil Change
Franchise Fee
$45,000
Investment
$912,248 – $2.1M
Royalty
7%
Ad Fund
5%
Earnings
Disclosed
How Take 5 Oil Change compares
Compared against the 28 automotive brands in our database.
Training
Take 5 provides a 4-week initial training (55 hours classroom, 120 hours on-the-job) at their franchise training facility in Charlotte, NC, covering courtesy/hood/pit operations, service writing, assistant manager duties, and manager-phase training. Successor managers must also complete training (up to $5,000 fee).
Territory
A defined Territory generally consisting of a 2-mile aerial radius from the Center, within which no other Take 5 will be placed during the term if in compliance. The franchisor retains rights to operate competing businesses under different trademarks within the Territory. Under an Area Development Agreement, exclusive development rights are conditioned on meeting the Development Schedule.
Support
Pre-opening: site acceptance/approval, standard plans and specifications, 216-page Manuals, financing approval, and a grand opening marketing program ($20,000 required contribution). Post-opening: operations advising, group purchasing programs, national warranty program, and Marketing Funds (5% of Gross Sales).
Data source
Extracted from the Take 5 Oil Change Franchise Disclosure Document on file with the Wisconsin Department of Financial Institutions (WDFI). FDDs are filed under the FTC Franchise Rule and published by WDFI as public records. How we extract this data.
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