|
Indy Lube
P. O. Box 40
Middletown, IN 47356-0040
800#:
Tel:
Fax: (317) 577-3169
E-Mail: [email protected]
Web Site: www.indylube.com
Contact: Mr. James C. Yates, President/CEO
INDY LUBE oil change centers specialize in fluid maintenance of both passenger and light industrial vehicles. Each INDY LUBE facility is up-scale with a spacious reception room with television, wallpaper and courtesy phone. The INDY LUBE full-service oil change includes a 20-point safety and fluid check. Each center also has a point-of-sale computer system.
Franchisor Background
Established: 1986
First Franchise: 1989
Franchise Units: 10
Company-Owned Units: 18
Total Units: 28
Distribution:
U.S. -- 28;
Canada -- 0;
International -- 0
-North America -- Operations in 2 States
-States/Provinces with Greatest Density: 22 in IN, 6 in MN
Projected New Units Over Next 12 months: 5
Franchisee Qualifications: 4, 5, 4, 3, 1, 4
(Click here for an explanation)
Registered in Following Registration States: IN (Click here for an explanation)
Average Number of Employees: 4 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,100 SF; FS
(Click here for abbreviations)
Encourage Conversion: No
Financial Requirements
Cash Investment: $50-90K
Total Investment: $250-450K
Average Total Investment: $350.0K
Minimum Net Worth: $100K
Fees:
-Franchise: $7.5K
-Average Franchise Fee: $7.5K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/5-10
Passive Ownership: Discouraged
Area Development Agreements: Yes/20
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 10
On-Going Support: a,b,C,D,E,F,G,H,I (Click here for an explanation)
Training: 2-3 Weeks Headquarters.
Franchisor's Specific Expansion Plans
U.S.: Midwest
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
New
Search: Alphabetical
| Industry
Type |
Average
Total Investment | Average
Franchise Fee | Total
Units |
|