Victory Lane Quick Oil Change
Victory Lane Quick Oil Change
405 Little Lake Dr.
Ann Arbor, MI 48103
800#:
Tel: (734) 996-1196
Fax: (734) 996-4912
E-Mail: [email protected]
Web Site: www.victorylane.net
Contact: Mr. Earl W. Farr, Director of Franchising
VICTORY LANE QUICK OIL CHANGE is a low-overhead, high-profit, drive-thru, quick oil change operation. We also perform transmission flush, fuel injection cleaning, serpentine belts, radiator flush and other high-profit services. Most franchisees are multi-shop owners.
Franchisor Background
Established: 1980
First Franchise: 1986
Franchise Units: 34
Company-Owned Units: 6
Total Units: 40
Distribution:
U.S. -- 40;
Canada -- 0;
International -- 0
-North America -- Operations in 6 States
-States/Provinces with Greatest Density: 21 in MI, OH, IN
Projected New Units Over Next 12 months: 10
Franchisee Qualifications: 3, 2, 1, 1, 1, 5
(Click here for an explanation)
Registered in Following Registration States: IN,IL,MI,MN,WI (Click here for an explanation)
Average Number of Employees: 5 FT (FT = Full Time, PT = Part Time)
Space Needs: 1,500 SF; FS, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $80-100K
Total Investment: $250-500K
Average Total Investment: $400.0K
Minimum Net Worth: $500K
Fees:
-Franchise: $30K
-Average Franchise Fee: $30.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/20
Passive Ownership: Allowed
Area Development Agreements: Yes
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: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 12
On-Going Support: B,C,D,E,F,G,H (Click here for an explanation)
Training: 2 Weeks Corporate Office.
Franchisor's Specific Expansion Plans
U.S.: Midwest
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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