You must pay the franchisor an initial franchise fee of $35,000. The investment covers all the startup costs needed to start a drive-thru oil change service franchise. If you choose to convert an existing shop instead, the initial investment drops to $492,000 on average. Note that this is the initial investment required to open a new Take 5 Oil Change franchised center. According to the latest Franchise Disclosure Document, the investment ranges between $759,000 and $1,616,000. Of course, the $1,188,000 is an average, the investment varies depending on factors such as the location of your store, its size, and other factors. This amount is in line with the average investment required for other automotive franchises. Take 5 Oil Change requires an initial franchise fee of $35,000 and an average total investment of $1,188,000 to open a new franchise. How much does a Take 5 Oil Change franchise cost? Competition: These include other parent company brands such as Maaco, Carstar and Meineke.
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