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SpeeDee Oil Change & Auto Service

Information based on 2024 FDD
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Brand Highlights
  • Founded in 1980
  • Franchising Since 1982
  • 61 US Franchises
  • $254,816 - $821,052 Investment Range
  • $1,431,229 Average Gross Revenue
  • 6% Royalty Fee
  • $10,000 Franchise Fee
Pre-qualification Amount

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Brand Description

SpeeDee Oil Change & Auto Service has established itself as a trusted name in automotive maintenance since 1980, delivering reliable and efficient vehicle care services across the United States. This franchise stands out in the competitive automotive service industry by focusing on both quick oil changes and comprehensive preventative maintenance services.

What sets SpeeDee apart is their commitment to transparent, honest service - a value consistently reflected in customer feedback. Their service centers are staffed by knowledgeable technicians who take pride in explaining necessary repairs and maintenance without pushing unnecessary services. This customer-first approach has helped build lasting relationships with vehicle owners who appreciate straightforward, dependable automotive care.

The franchise operates modern facilities equipped with state-of-the-art diagnostic and service equipment, enabling them to handle everything from routine oil changes to more complex automotive maintenance needs. Their service centers feature comfortable waiting areas and typically complete oil changes in about 30 minutes, making them an ideal choice for busy professionals and families.

SpeeDee's business model emphasizes both quality and efficiency, with locations offering convenient hours, including weekends, to accommodate various customer schedules. Their comprehensive service menu includes oil changes, state inspections, tire services, brake work, and preventative maintenance, positioning each location as a one-stop shop for automotive care.

For entrepreneurs interested in the automotive service industry, SpeeDee offers a proven business model backed by over four decades of experience and a strong reputation for quality service. The franchise provides comprehensive training and ongoing support to help franchise owners establish and grow successful automotive service centers in their communities.

DID YOU KNOW?

How much does it cost to start a franchise with SpeeDee Oil Change & Auto Service?

$254,816
$821,052
Did you know that starting your own SpeeDee Oil Change & Auto Service franchise - one of the automotive industry's most trusted quick-lube brands - requires a total investment between $254,816 and $821,052, which covers everything from your franchise fee and equipment to real estate and working capital needed to serve customers in your community?
Financial Summary
Franchise Fee
$10,000
Investment Range
$254,816 - $821,052
Investment Midpoint
$537,934
Minimum Cash Required
$254,816
Royalty Fees
6%
Brand Fund
0.5%
Brand Bragging Rights
40+ years proven industry experience since 1980
No automotive background required for ownership
Comprehensive auto service beyond basic oil changes
17-point inspection included with every service
Top quartile locations average $447,661 EBITDAR
Conversion opportunities available for existing oil change operators
Financial Analysis
SpeeDee Oil Change requires an investment range of $254,816 to $821,052, positioning it as an attractive opportunity within the automotive service sector. Compared to sub-sector averages ($417,664-$889,854), SpeeDee offers a significantly lower entry point while maintaining competitive upper investment levels. The franchise generates $1,431,229 in gross revenue, substantially outperforming the sub-sector average of $1,041,127.

The automotive maintenance industry benefits from strong defensive characteristics, as vehicle servicing remains essential regardless of economic conditions. With vehicles averaging over 12 years in age and increasing miles driven annually, demand for preventative maintenance services continues growing. The oil change sector specifically provides recurring revenue streams with relatively predictable customer visit patterns.

Established in 1980 with 68 current units, SpeeDee demonstrates four decades of operational experience and proven business systems. This mature franchise offers comprehensive operational frameworks while providing territory availability in desirable markets.

The business model requires no automotive background, appealing to investors seeking accessible entry into the automotive service sector. The franchise's focus on comprehensive automotive services beyond basic oil changes enhances revenue diversification potential. Top quartile performers achieve impressive results, with EBITDAR averaging $447,661 and net sales reaching $2,381,395, demonstrating the system's profit potential for dedicated operators.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like SpeeDee Oil Change & Auto Service. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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CRF USA

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First Bank of the Lake

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Golden Capital Solutions

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Location Analysis
SpeeDee Oil Change & Auto Service maintains a strategic presence across multiple states, showing strong regional concentration in key markets. The brand has established a significant presence in California, with notable market penetration in the Carolinas, Massachusetts, and Texas. This distribution suggests a successful multi-regional approach, particularly along coastal markets and high-traffic corridors.

The franchise maintains a strong 4.48 average rating across thousands of customer reviews, indicating consistent service quality and strong operational execution across markets. This performance metric is particularly noteworthy in the competitive automotive service industry, where customer trust and satisfaction are crucial for long-term success.

Market analysis reveals significant expansion opportunities, particularly in the Midwest and Mountain regions where the brand has limited presence. Ideal locations typically include suburban areas with high vehicle ownership rates, proximity to retail corridors, and demographics showing median household incomes above $50,000. Success factors include visibility from major thoroughfares, adequate parking, and distance from competing quick-service automotive centers.

For prospective franchisees, markets with growing populations and aging vehicle fleets present particularly attractive opportunities. The brand's strongest performance is seen in locations combining residential density with commercial traffic, suggesting these characteristics should be prioritized in site selection.
Total US Locations68
Open Franchises61
Corporate Locations7
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind SpeeDee Oil Change & Auto Service. Learn about the experience and expertise of the executive team guiding SpeeDee Oil Change & Auto Service's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving SpeeDee Oil Change & Auto Service. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review SpeeDee Oil Change & Auto Service's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about SpeeDee Oil Change & Auto Service's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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