Last Updated on August 5, 2012 by DeanR
Victory Lane Quick Oil Change Franchise Information
Victory Lane Quick Oil Change is a franchise for a business providing fluid maintenance, oil changes, and car wash.
It was founded in 1980 and started franchising in 1986. It was founded by Derrick B. Oxender, the current President, and Jane H. Oxender, the current Director of Marketing. They opened their first location in Ann Arbor, Michigan. Derrick has been the President of the company for about 24 years and he has brought success to it as a franchisee, an entrepreneur, and as a real-estate developer.
On the other hand, Jane has been in-charge of the company’s operations, marketing, franchise support department, and training for the past 24 years. They say that the fast lube and quick oil change industry was just starting out when they opened Victory Lane Quick Oil Change. They now have 35 locations in the United States and five locations that are owned and are being operated by the company.
What services do they provide at Victory Lane Quick Oil Change?
Their full-service oil change includes the installation of a new oil filter, replacing of change engine oil, checking of transmission fluid, checking of differential fluid, filling of windshield washer solvent, checking of battery, checking and adjusting of tire pressure, checking of power steering fluid, checking of anti-freeze overflow, checking of air filter, and you may also add other services.
Other services that you may add for an additional charge includes Synthetic Oil Change, Manual Transmission Fluid Changes, The Transmission Transfusion or Complete Transmission Fluid Exchange, 4X4 Gear Box Package, Differential or Transfer Case Fluid Change, Fuel System Cleaner, Serpentine Belts Replacement, Aquapel Rain Repellent Glass Treatment, installation of Wiper Blades and Air Filters, and Tire Rotation. They also have the Deluxe Oil Change Package which includes Oil System Cleaner, Fuel System Cleaner, and Full Service Oil Change. For Radiator Flush, it includes antifreeze and chemical flush additive. Other services are 4X4 Full Service Oil Change and Exotic Car Oil Change for cars like Mercedes Benz, BMW, and Jaguars.
Cost and requirements on running a Victory Lane Quick Oil Change franchise
You need to have a net worth of $500,000 and a total liquid asset of at least 100,000. Expect to be investing about $230,000 to $796,000. The cost of Victory Lane Quick Oil Change franchise fee is $15,000 to $30,000 with an on-going royalty fee of 6%. This is for a renewable 20 year term agreement. You will need about four to six employees to run one location. They allow multi-unit ownership and absentee ownership.
What is included in the franchise package?
There will be two weeks training at the headquarters, one week at your location, and online support as needed. You will be receiving newsletters and assistance at the grand opening. You will be given access to the internet and to purchasing cooperatives. Expect to be attending meetings and receiving occasional field evaluations to check on your progress. For marketing support, there will be ad slicks, co-op advertising, and regional advertising.
Victory Lane Quick Oil Change Contact Details
You may reach them at:
Address: 405 Little Lake Drive Ann Arbor, MI 48103
Phone: (734) 996-1196