Take 5 Oil Change Now Franchising
Market leader and designer of the first drive-thru oil change service focuses on expansion via franchisees in the Southeast
June 08, 2018 // Franchising.com // METAIRIE, La. - Take 5 Oil Change, the fastest growing quick lube chain with locations in 17 states, announced today the company is now franchising in the Southeast and beyond. A market leader for fast oil changes, Take 5 plans to expand its unique business model for stay-in-your-car, 10-minute oil changes through multi-unit franchise partners.
With two new franchised locations in the Carolinas, Take 5 plans to continue partnering with franchisees in these states, as well as throughout Alabama, Arkansas, Florida, Georgia, Mississippi, Oklahoma, Tennessee, Texas, and Virginia. With nearly 300 corporate-owned locations, Take 5 Oil Change has solidified its business model to focus on speed, convenience, quality, and affordability for customers. The model has proven a winning combination, with thriving profits, rapid growth, and increased market share over the past three decades.
“Take 5 has spent decades building a brand that exceeds customers’ expectations in speed, convenience, and service,” said Ted Rippey, Take 5 Vice President of Franchising. “Our brand has an incredible amount of experience and infrastructure to support new franchisees. As we continue our path as the fastest-growing quick lube chain in the country, we are excited to bring on partners to further increase our footprint in the U.S.”
Multi-unit franchising is a focus for the brand, as it wants to ensure franchisees have the opportunity to build their own business within a community and region. Take 5 seeks long-term partnerships with franchisees who take a customer-first approach to service.
Take 5 customers stay in the comfort of their cars for the duration of the oil change, which is usually completed in less than 10 minutes. Employees offer complimentary cold drinks, plus snacks for children and treats for dogs. Nearly 85 percent of Take 5’s revenue is from oil changes, with additional revenue coming from quick, affordable ancillary services, including air filter and wiper blade changes, as well as fluid replacements.
“We focus on the oil change experience, not trying to upsell customers with add-on products,” Rippey said. “There’s no waiting room, no service representative coming up to you with a new $1,000 estimate. Our convenience, speed and ‘no pressure’ sales attitude are at the core of our business.”
Take 5 Oil Change is a part of the Driven Brands family of automotive aftermarket service companies, along with Meineke, Maaco, 1-800-Radiator, and CARSTAR. The Driven Brands family generates more than $2.3 billion in annual system-wide revenue from its 2,500+ locations. Driven’s industry influence, franchising experience, and organizational knowhow are additional advantages for potential franchisees.
“We are focused on finding the right partner, rather than simply a franchisee. We see this as an opportunity for a long-term partnership positioned for growth,” Rippey said.
About Take 5 Oil Change
Take 5 Oil Change has been serving customers for more than 30 years. In 1996, Take 5 designed the first "5 Minute Drive-Thru Oil Change" location. Take 5 Oil Change is the market leader in speed and quality, and is the fastest growing quick lube chain in the country. The company owns more than 200 corporate locations and began franchising in 2017. For more information, visit Take5OilChange.com.
About Driven Brands
Driven Brands, headquartered in Charlotte, N.C., is the parent company of North America’s leading automotive aftermarket brands across four distinct verticals: Repair & Maintenance, housing Meineke Car Care Centers®; Paint & Collision, housing Maaco® and CARSTAR North America®; Distribution, housing 1-800-Radiator & A/C®; and Quick Lube, housing Take 5 Oil Change. Driven Brands has more than 2,500 centers across North America, and combined, all businesses generate more than $2.3 billion in system sales. For more information, visit DrivenBrands.com.
SOURCE Take 5 Oil Change