The auto industry is vast, with many players offering various services. Valvoline is a trusted car service brand that provides all sorts of solutions.
Beyond its services, Valvoline seeks to expand its operations through its franchise program. Here, interested and qualified investors are invited to join its program.
Valvoline Franchise Startup Cost, Profit & Opportunities
What can I enjoy as a Valvoline franchisee? How much does it cost? What services are offered, and do I get training and support?
These are valid questions, and we’ll try to answer them as best we can. You only need to read along to find all the answers you seek. By the end, this article will be an exciting read.
With almost two decades of rapid sales growth, Valvoline has proven to be one of the top automotive franchises to consider.
Over 110 new stores are added annually to its 1,550 franchise outlets nationwide. This is a clear sign of its rapid growth and brand acceptance.
Valvoline came on board in 1986. It wasn’t until 1988 that it began its franchise operations. Since its commencement, the company has grown its brand, processes, and spread.
It prides itself as one of the best auto franchises in North America.
As stated earlier, Valvoline is a car service company that offers a whole range of services and products. Services include instant oil changes and hybrid vehicle services.
Valvoline’s full-service instant oil change services include chassis component lubrication, 5 quarts of quality Valvoline oil, and a new Valvoline oil filter.
This auto company also performs an 18-point safety check to keep vehicles running smoothly.
These include windshield washer fluid, fluid in automatic transmissions, power steering fluid, tire pressure, headlights & taillights, antifreeze/coolant, wiper blades, and battery test at participating locations.
More services include air filter checks, transfer case fluid when requested, serpentine belts, and differential fluids when asked.
Hybrid Vehicle Services
Under its hybrid vehicle services, Valvoline performs oil changes, fuel system cleaning, transmission fluid replacement, and different fluid replacement.
Other benefits include radiator fluid replacement, air filter, A/C recharge, serpentine belt, tire rotation, battery replacement, cabin air filter, wipers, and bulb checks.
Why Should I Join Valvoline’s Franchise Program?
Anyone seeking to own a franchise weighs the pros and cons to determine whether the opportunity is worth their time.
With Valvoline, you have access to a prime territory, unparalleled franchisee support, as well as its award-winning customer service.
Although Valvoline is a national auto service brand, it recognizes valuable markets to capture. Using specific criteria, this franchisor determines the best investment for its franchisees.
In other words, carefully chosen territories are offered to help you grow.
Valvoline never leaves its franchisees to figure out their operations on their own.
All franchisees get initial and ongoing training and support. Such support includes receiving necessary tools, tested systems, and access to a dedicated support team.
Valvoline’s support doesn’t end here. This franchisor offers help with recruitment, training, market development, and identifying a clear path to success.
Award-Winning Customer Service
From the first day it opened its doors for business, Valvoline has adopted customer-centered service.
This has won recognition and awards. Its proprietary SuperPro system is designed to guarantee repeated positive experiences in all its franchise outlets scattered across the country.
Valvoline Franchise Cost
Franchise candidates wishing to own a Valvoline franchise must have an estimated total investment of $178,025 to $335,375 (when leasing real property) and $1,926,000 to $3,273,500 (with real property purchased).
This cost breakdown includes the license fee starting from $30,000, land & improvements purchased at $1,550,000 to $2,750,000, and land improvements leased at $33,000 to $58,500.
Other details include grand opening expenses & advertising at $7,500 to $10,000 and training at $5,000 to $10,000.
Still, on franchise cost breakdown, you have security deposits at $500 to $11,500, insurance at $12,000 to $17,000, and start-up supplies at $22,000 to $30,000.
Operating equipment will cost $15,000 to $100,000, while lube equipment and signage leased for three months go for around $3,025 to $3,375.
Aside from the cost discussed above, additional fees are required. Fee types include royalties, general system funds, transfer, renewal, and specialized computer services.
More fee types include computer hardware upgrades, testing, audit, interest, insurance, and insufficient funds processing fee.
Franchisees will also incur attorney’s fees, center upgrading costs, fleet program, warranty and guarantee costs, additional training costs, additional site selection assistance costs, and expenses related to the development agreements.
More comprehensive details of Valvoline’s franchise costs are contained in its franchise disclosure document (FDD). This is issued during the application process.
Plus, the franchisor reserves the right to alter the contents of its FDD document. As such, you might find slight variations.
Valvoline Franchise Term
Another aspect of Valvoline’s franchise operation you’ll need to know about is its term.
The length of its initial franchise term is 15 years. The renewal comes with the option of another 15-year term, two consecutive terms of 5 years each, or one 10-year period.
You’ll have to weigh your options to choose a more suitable franchise renewal term. If you have doubts, you should speak with a franchise representative for guidance on what’s best for your situation.
If you’re convinced about this franchise opportunity or want to know more about its offerings, you can fill out the form on its franchise page.
This captures details like your name, email, phone number, company name, and a question on whether you’re currently a franchisee with another company.
Other details required include your net worth and the area you’re interested in developing. Once submitted, a franchise development team from Valvoline contacts you to discuss the franchise opportunity.
The ownership process commences if you’re deemed suitable for its franchise offering. Of course, this will depend on whether you wish to proceed.
The procedures aren’t tricky from this point, as you’re guided at each step.
However, if you want to ask questions without commitment, there’s another form you can fill out and send. Here, all your questions about the franchise are fully answered by its representative.
Are you interested in Valvoline’s franchise offer? The discussion above covers basic details about ownership.
However, when you contact the franchisor, more detailed requirements and procedures for requests are provided. Its FDD document holds the blueprint for franchise ownership.