Express Oil Change & Tire Engineers Franchising
When a franchise candidate signs their first single store Franchise Agreement - or a multi-store Area Development Agreement to become an Express Oil Change & Tire Engineers franchisee, he or she pays an IFF - Initial Franchise Fee of $50,000. The IFF for a subsequent Express Oil Change & Tire Engineers franchise is $25,000.
The term of the Franchise Agreement is 10 years. There is no fee charged on renewals of the Agreement. Franchisees pay a 5% Royalty monthly on Gross Sales. Franchisees are required to spend 3% of Gross Sales monthly on local store marketing activities to promote their business (with support and guidance from corporate marketing).