Five for Five at Take 5 Oil Change: The Five Tetlow Brothers Plan to Develop Five Locations in Texas
March 03, 2021 // Franchising.com // CHARLOTTE NC. - The Tetlow brothers, all five auto enthusiasts and mechanical engineers by trade, have signed on with Take 5 Oil Change® to develop five new Take 5 Oil Change locations in the greater Tyler, TX and Longview, TX markets.
Matt Tetlow and Alex Tetlow are leading the family investment group in their first franchise business. Matt is a Rotating Equipment Engineer for Shell Oil, where he designs, builds and commissions large offshore oil production platforms. Alex is a VP of Sales for Rotating Machinery Services, Inc. and has 15+ years of sales experience for multiple large turbomachinery companies. Brothers Wayne, Nick and Jake work for Fedex, Ford Motor Company, and Arizona Public Service, respectively. All five brothers followed in their father’s footsteps to study engineering.
“We chose Take 5 as an investment because the business model is very manageable in terms of capital investment and size, plus it offers opportunity for great returns,” said Matt. “Take 5 has a proven, successful strategy that enables us to replicate over five stores. When you don’t have your own new business idea, and you are new to franchising, you ‘borrow’ someone else’s successful formula, and Take 5 has one. They offer great training and assistance to help ensure new franchisee success. Why try to figure it out yourself when you can follow a successful playbook to accelerate your business growth?”
The Tetlow brothers plan to keep their current jobs and as the business grows, develop more store managers and district managers to run the daily operations.
“Another benefit of partnering with Take 5 is that they have a great system for helping investors find and develop district managers, so that we can each be remote owners,” said Tetlow.
SOURCE Take 5 Oil Change
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