About Strickland Brothers 10 Minute Oil Change Franchise
Strickland Brothers 10 Minute Oil Change is a quick service automotive franchise offering fast, convenient drive through oil changes completed in 10 minutes or less.
In addition to oil changes, service centers provide chassis lubrication, routine maintenance checks, inspections, and other preventative automotive services.
Franchising since 2019 under SB PEP Holdco, LLC, the brand requires an initial franchise fee of $54,900.
Strickland Brothers 10 Minute Oil Change Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $54,900 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of Gross Revenue | National brand fund |
| Total Investment Range | $217,900 – $354,900 | Includes build-out, inventory, working capital |
The investment range of $218K–$355K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Revenue) and marketing fee (2% of Gross Revenue) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $54,900 | $54,900 |
| Travel and Living Expenses While Training | $2,500 | $10,000 |
| Real Estate Deposits (3 months) | $10,000 | $30,000 |
| Licenses, Permits & Legal Fees | $1,000 | $3,500 |
| Equipment, Tool Package | $30,000 | $60,000 |
| Equipment Installation | $0 | $50,000 |
| Furniture and Décor | $2,500 | $7,500 |
| Computer and POS System | $10,000 | $14,000 |
| Grand Opening Advertising | $20,000 | $20,000 |
| Inventory and Supplies | $20,000 | $25,000 |
| Insurance | $2,000 | $5,000 |
| Signage | $15,000 | $25,000 |
| Additional Funds (3 months) | $50,000 | $50,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $20,000 |
| Renewal Fee | $15,000 or 25% of the then-current franchise fee, whichever is greater |
| Technology Fee | $350 per month |
| Audit Fee | Cost of inspection |
| Local Marketing Requirement | 2.25% of Gross Revenues |
| Annual Conference Fee | $500 Annually |
| Mystery Shopper Fee | Our actual costs |
| Additional Training or Assistance | $200 per person per day |
| Interest | Lesser of 1.5% per month or highest legal rate |
| Maintenance and Refurbishing of Franchised Business | You must reimburse our expenses |
| Insurance | You must reimburse our costs |
| Insufficient Funds | $100 |
| Non-Compliance Fee | $500 per infraction per week |
| Cost of Enforcement | All costs including reasonable attorneys’ fees |
| Customer Satisfaction | You must reimburse our costs |
| Management Fee | $350 per person per day (plus costs and expenses) |
| Indemnification | Will vary |
| Testing of Products or Approval of new Suppliers | $1,000 |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Approximately 1 week |
| Classroom Training | 26 hours |
| On-the-Job Training | 20 hours |
| Training Location | Winston-Salem/Thomasville, North Carolina |
| Additional Training | We may charge you for training newly hired personnel; for refresher training courses; for the annual conference; and for additional or special assistance or training you need or request. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | A circle having a radius of 3 miles or up to a population of 80,000, whichever is less. |
| Description | The approved location of a single franchise will be at the center of the Territory, composed of a circle having a radius of 3 miles or up to a population of 80,000, whichever is less. Your territorial rights restrict us from establishing or operating or granting any person other than you the right to establish or operate, a Franchised Business at any physical location in your Territory. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 15 years |
| Renewal Term | 1 renewal term of 15 years |
| Renewal Fee | $15,000 or 25% of the then-current franchise fee, whichever is greater |
| Renewal Conditions | Franchisee is not in default of any provision of this Agreement or any other agreement between Franchisee and Franchisor or any of its affiliates, and has substantially complied with all the terms and conditions of such agreements during the terms thereof, including the payment of all amounts due to Franchisor and its Affiliates; You shall give Franchisor written notice of your election to renew not less than six months nor more than 12 months prior to the end of the Initial Term; You and all other required signatories that have signed this Agreement shall have signed a copy of the then-current Franchise Agreement and required related agreements not less than 30 days before the expiration of the Initial Term, or 30 days after you receive a signature-ready copy of the then-current Franchise Agreement, whichever is later; You shall have, before the beginning of the Renewal Term, at your own expense, modernized/refurbished the Service Center and replaced, refurbished and/or modernized the equipment, fixtures, furniture and signage used at the Service Center as Franchisor may require, in order for the Service Center to meet the then-current standards of appearance and function at the time of renewal; Subject to Applicable Laws, Franchisee and its Owners agree to execute a general release; You shall have paid a Renewal Fee; and You are able to maintain possession of the premises where the Service Center is located for the entire Renewal Term. |
| Transfer Fee | $20,000 |
| Transfer Conditions | Assignee meets our then-current standards; assignee assumes all of your obligations; you are not in default of the Franchise Agreement; you do not owe any amounts to us or our affiliates; sign general release; you remain liable for all obligations to us which arose prior to the Transfer; transferee must complete training; we approve the terms and conditions of the transfer agreement; you pay us a transfer fee of $20,000; you, your Principal Owner and all guarantors agree to comply with the post-term non-compete covenant; and you and/or the assignee have complied with any other conditions that we may periodically require. |
| Termination for Cause | Franchisor may terminate the Franchise Agreement after written notice of a curable default if you fail to cure within the time permitted or such longer period as required by law, or immediately upon delivery of written notice of an incurable default unless a longer notice period is required by law. Curable defaults include failure to cure violations of law (72 hours), payment defaults (5 days), and other defaults (30 days). Non-curable defaults include dishonest/unethical/illegal conduct, non-compete/confidentiality violations, unauthorized transfer, material misrepresentation, abandonment, repeated failure to correct breaches, bankruptcy, felony conviction, false records, offering unauthorized products/services, failure to pay taxes, and interference with inspections/audits. |
| Non-Compete Period | 2 years |
| Non-Compete Details | For 2 years after termination or expiration, no owning interest in or performing services for a competitive business at the premises of the Franchised Business, within a 15-mile radius of the premises of the Franchised Business, or within a 15-mile radius of any other Service Center then operating or under construction on the effective date of termination or expiration. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | The Franchise Agreement does not require the Principal Owner to participate personally in the direct, on-premises operation of the Franchised Business, but we recommend that he or she do so. If you are a legal entity, an individual whom we approve (the “Principal Owner”) must at all times during the term of the Franchise Agreement: (a) own (directly or indirectly) more than 50% of the ownership interests in you; (b) have the authority under your governing documents to authorize a merger, liquidation, dissolution or transfer of substantially all of the assets of you and otherwise to direct and control your management and policies without the vote or consent of any other person or entity; and (c) devote sufficient time and attention to the promotion and operation of the Service Center. You must also designate an individual as your General Manager who will devote all of his or her business time and attention to the on-premises management and operation of the Service Center. |
| Required Suppliers | You must purchase or lease all Operating Assets and other products and services for the Franchised Business according to the System Standards, and if we require, only from suppliers or distributors that we designate or approve, which may include or be limited to us or our affiliates. Currently you must buy all business operational items from suppliers that we designate or approve. |
| Supply Restrictions | You must purchase all or nearly all of the inventory & supplies necessary to operate your business from Franchisor, its affiliates, or from suppliers that Franchisor designates at prices that the Franchisor or they set. These prices may be higher than prices you could obtain elsewhere for the same or similar goods. |
| Franchisor Revenue from Suppliers | $257,017.33 |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease, or any of your obligations. |
Strickland Brothers 10 Minute Oil Change Franchise Earnings — Item 19
Past financial performance does not guarantee future results. Individual results will vary.
Strickland Brothers 10 Minute Oil Change Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Strickland Brothers 10 Minute Oil Change System Growth
Strickland Brothers 10 Minute Oil Change currently operates 21 franchised locations and 60 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 6 | 0 | 11 |
| 2020 | 11 | 0 | 22 |
| 2021 | 59 | 0 | 81 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Audited by REESE CPA LLC for year ending December 31.
Strickland Brothers 10 Minute Oil Change Franchise — FAQ
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