Express Oil Change & Service Center Franchisees Tap into a High Growth Industry

When making a decision to invest in a franchise, it is vital that the host industry be economically sound and offer opportunity for growth. Born in the 1970’s, established and defined in the 1980’s, the quick oil change has become firmly established, not just as a viable business, but also as an industry with enormous growth potential. Consumer lifestyles dictate an increasing premium on time. The convenience feature of the quick oil change is expected to continue to draw customers away from the long waits at automotive dealerships and mechanic shops.

Additional Economic Factors

1. With the rising cost of purchasing a vehicle, people are keeping their cars longer and driving them farther. So, automobile owners are motivated to be more conscious of proper maintenance to protect their investment. This trend is even more prevalent during economic downturns and makes the quick lube industry resilient even during recessionary periods.
2. Largely due to a growing driving-age population, there is expected to be a significant increase in the number of cars on the road.
3. Approximately one-third of the population still changes its own oil. This provides an untapped customer base as demographic shifts and lifestyle changes steadily drive these do-it-yourself customers into the do-it-for-me market. Environmental concerns are having an effect as well. Disposal of waste oil is becoming increasingly difficult due to its environmental impact and EPA regulations. As a result, the do-it-yourself consumers are giving up the few dollars saved in favor of the time gained by seeking the services of our industry—and they are assured that their waste oil is disposed of safely without threatening the environment.