The typical total investment to start up an Express Oil Change & Tire Engineers including financed items, range between $1.4 million and $1.8 million. This includes the land purchase of approximately 6/10 of an acre, building, equipment, supplies, operating capital and other start up costs. Please see the "Start up cost / estimated intial investment" page of this web site for more detailed information. Using either SBA or Conventional loans, the initial cash needed to start the business is typically between $250,000 and $400,000, with the remainder of the initial start up costs financed.
Kent Feazell Senior VP, Real Estate Development
The range can be impacted by the franchisee's decision to buy or lease the land, and the by type of financing used. We do not offer in-house financing, however we do have relationships with a number of active SBA and conventional lenders, who we can put you in touch with.
There may also be the possibility of a build-to-suit arrangement that may help expedite the financing process. Our executives have extensive experience in developing real estate and getting financing to build stores, and so we will be able to share our insights on financing with you as needed.