About Take 5 Franchise
Take 5 Oil Change is a franchise system that operates motor vehicle centers under the TAKE 5 brand, offering quick service, customer-oriented oil changes, lubrication, and related motor vehicle services and products.
Franchisees serve customers who remain in their vehicles during service, providing oil changes, filter replacements, wiper blade installations, coolant flushes, and other automotive maintenance products.
The target customers are everyday vehicle owners seeking fast, convenient, and competitively priced automotive maintenance in a clean environment.
Take 5 Franchise Cost & Fees
Minimum Investment
$749K
Average Investment
$1.4M
Maximum Investment
$2.0M
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $45,000 | One-time payment upon signing |
| Royalty Fee | 7% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 5% of Gross Sales | National brand fund |
| Total Investment Range | $749,292 – $2,033,733 | Includes build-out, inventory, working capital |
The investment range of $749K–$2.0M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (7% of Gross Sales) and marketing fee (5% of Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $45,000 | $45,000 |
| Building Work | $230,398 | $689,709 |
| General Site Work | $161,278 | $517,282 |
| General Conditions and Fees | $69,119 | $344,854 |
| Due Diligence, Permits, Design and Plans | $40,000 | $180,000 |
| FF&E Package | $30,997 | $39,388 |
| Software Installation Fee | $3,000 | $3,000 |
| Used Oil System | $7,000 | $15,000 |
| Signage | $25,000 | $45,000 |
| Opening Inventory | $23,000 | $35,000 |
| 3 Months' Rent and Security Deposit | $20,000 | $20,000 |
| Training Fees, Salaries and Expenses During Training | $15,000 | $20,000 |
| Grand Opening Contribution | $20,000 | $20,000 |
| Insurance | $7,500 | $7,500 |
| Additional Funds - 3 Months | $52,000 | $52,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 50% of then current initial franchise fee (currently $17,500) |
| Renewal Fee | 50% of then current initial franchise fee (currently $17,500) |
| Technology Fee | $200/month (or $367/month with POS System Surveillance Software) |
| Audit Fee | Cost of audit including fees of independent accountants and travel expenses, payable if audit reveals understatement of Gross Sales greater than 1% |
| Non-Recorded Payment | Greater of $1,500 or 120% of last period's Royalty Fees |
| Replacement Managing Director or Manager Training | Up to $7,500 |
| Supplemental and Refresher Training | Up to $400/person/day at HQ; up to $600/person/day onsite plus travel |
| Annual/Regional Conference Fees | Up to $500 per attendee |
| Resale Assistance Fee | 10% of purchase price |
| Relocation Fee | $2,500 plus costs and expenses |
| Credit Card Fees | Approximately 1% to 3% of Gross Sales |
| Inspection Fee | Up to $3,000 plus travel expenses |
| Management Fee | 3% of Gross Sales |
| Non-Approved Opening | $2,500 per day |
| Interest on Late Payments | Highest legal rate or 2% per month |
| Administrative Fee | $500 per overdue or dishonored payment |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 4 weeks for Managing Director and Center Manager; 2 weeks for Assistant Managers |
| Classroom Training | 55 hours |
| On-the-Job Training | 120 hours |
| Training Location | Franchise Training Facility, 5221 South Boulevard, Charlotte, North Carolina 28217 |
| Additional Training | Supplemental and refresher training programs, workshops, and educational seminars may be required during the franchise term. Up to $400/person/day at headquarters or $600/person/day onsite. Annual/regional conference attendance required for Managing Director. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | Yes |
| Territory Size | Generally a two-mile aerial radius from the Center's front door, but may be smaller depending on the market |
| Description | Franchisor and affiliates will not own, operate, or allow another franchisee to own or operate another Take 5 Oil Change Center physically located within the Territory during the franchise term, provided franchisee is in compliance. Franchisor retains rights to operate other brands, sell via Internet, establish locations outside Territory, and acquire/convert Non-System Centers within Territory with franchisee right of first refusal. Territory may be reduced as remedy for default. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 15 years from opening date (or lease expiration if shorter) |
| Renewal Term | 1 additional term of 15 years (or lease renewal expiration if shorter) |
| Renewal Fee | 50% of then current initial franchise fee (currently $17,500) |
| Renewal Conditions | No default under franchise agreement; substantial compliance with all terms; agree to remodel/renovate to then-current standards; provide 6-12 months advance written notice; maintain possession of premises; sign then-current franchise agreement (which may have materially different terms); sign general release (if state law allows) |
| Transfer Fee | 50% of then current initial franchise fee (currently $17,500) |
| Transfer Conditions | Transferee must meet franchisor standards; all obligations assumed; all amounts paid current; transferee completes training; transferee signs then-current franchise agreement; price and terms don't adversely affect operations; franchisee signs general release (if state law allows); franchisor has right of first refusal |
| Termination for Cause | Immediate termination for: failure to complete training, insolvency, bankruptcy, abandonment, lease cancellation, repeated non-compliance (2+ times in 1 year), felony conviction, health/safety hazards, law violations, unauthorized transfer, misuse of Marks, insurance failure, confidentiality violations, termination of other agreements. 7 days to cure payment/Mark defaults; 30 days to cure other defaults. |
| Non-Compete Period | 3 years |
| Non-Compete Details | For 3 years after expiration, termination, or transfer, neither franchisee nor any owner may have any interest in any Competing Business or Related Business at the premises, within 5 miles of the premises, or within 5 miles of any other Take 5 Oil Change Center. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | A Managing Director must be designated who devotes full time (no less than 40 hours per week) to the management of the Center or other Take 5 Oil Change Centers. Each Center must be under direct, on-premises supervision of the Managing Director or a certified shop and assistant manager who has completed the training program. |
| Required Suppliers | Franchisees must purchase oil from designated brand and designated/approved suppliers. Oil filters, air filters, wiper blades, coolant flush, and other materials must be purchased from designated/approved suppliers, which may include the franchisor and its affiliates (Spire Supply, Driven Product Sourcing via DrivenAdvantage Platform). FF&E Package and Opening Inventory must be purchased exclusively from the franchisor and/or its affiliates. |
| Supply Restrictions | Approximately 90% to 100% of total purchases and leases must be from the franchisor, its affiliates, approved suppliers, or according to franchisor standards. Franchisees may request approval for alternative suppliers with 60-day review period. |
| Franchisor Revenue from Suppliers | In fiscal year 2023: $342,214 in rebates from suppliers; $233,255 in rental income from subleasing; $18,414,423 from Spire Supply selling ancillary parts to franchisees; $50,303,287 from affiliate lubricant (oil) sales to franchisees. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Take 5 does not offer direct or indirect financing and does not guarantee any note, lease, or obligation. |
Take 5 Franchise Earnings — Item 19
Average Revenue
$1.4M
Median Revenue
$1.4M
Revenue Range
$265K – $3.3M
Sample Size
242 units
Past financial performance does not guarantee future results. Individual results will vary.
Take 5 Litigation & Risk Flags
3 Pending Actions ListedReview the full FDD for details on pending litigation.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Take 5 System Growth
Total Units
969
Franchised
325
Company-Owned
644
Take 5 currently operates 325 franchised locations and 644 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 70 | 0 | 134 |
| 2022 | 94 | 1 | 227 |
| 2023 | 100 | 2 | 325 |
Transfers: 0 | Closures: 2
State Registrations
Registered in 15 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, OR, RI, SD, VA, WA, WI
Take 5 Franchise — FAQ
The total investment to open a Take 5 franchise ranges from $749,292 to $2,033,733, per their Franchise Disclosure Document. This includes the initial franchise fee of $45,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Take 5 charges a royalty fee of 7% of Gross Sales of gross sales, plus a 5% of Gross Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Take 5 Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Take 5 to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Take 5 franchise owners report average revenue of $1.4M and median revenue of $1.4M. This is based on a sample of 242 units. Past performance does not guarantee future results.
Take 5 has been franchising since 2018. The FDD shows an investment range of $749,292-$2,033,733, a 7% of Gross Sales royalty, and includes an Item 19 earnings disclosure. There are 3 pending litigation action(s). Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $45,000 and the total investment ranges from $749,292 to $2,033,733 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Take 5 and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Take 5 or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com