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Quick Lube Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » Automotive Sector

Do you want to start a Quick Lube company and need to write a business plan? If YES, here is a sample Quick Lube business plan template & feasibility report.

Businesses in this industry are very important to the general automotive industry. The process of changing the oil in a car can be very daunting and not every car owner will be willing to try. Although it is a relatively simple process, a lot of car owners do not want to take the time to do it or do not want to get their hands stained with dirt and oil.

Car owners instead prefer to pay someone else to do it for them. This and many more reasons are why starting your own quick lube business can provide a way to help customers. Once you’ve determined to open a quick lube business, the first thing to do is to put together a business plan.

A Sample Quick Lube Repair Business Plan Template

1. industry overview.

Businesses in this industry change motor oil, lubricate the chassis of automotive vehicles and provide other automotive repair and maintenance services, such as tire rotations and liquid flushes. Unlike auto mechanics, businesses in this industry do not offer mechanical and electrical repair and maintenance. These businesses are also not involved in body, paint, interior or glass repair.

The Oil Change Services in the US industry consists of Conventional oil changes, semi-synthetic oil changes, full synthetic oil changes, automotive oil changes, car washing and cleaning services, other maintenance services and high-mileage oil changes.

The US automotive oil change and lubrication industry includes about 5,000 companies with combined annual revenue of about $5 billion. Major companies include Jiffy Lube, Pennzoil 10-Minute Oil Change, Valvoline Instant Oil Change, and Texaco Xpress Lube. According to reports, the industry is fragmented; the 50 biggest companies generate less than 40 percent of revenue.

Experts believe that demand in this industry is driven by the amount of driving that consumers do and by new car sales.

The profitability of individual companies depends on convenient location and good marketing. Bigger companies have an advantage in brand recognition, but the operations of individual locations are similar. Small companies can compete successfully by owning favorable locations.

Note that industry operations are labor-intensive: annual revenue per employee is just $60,000. Major services are oil changes, installation of new oil filters, chassis lubrication, and preventative maintenance. Routine maintenance services like adjusting tire pressure, changing windshield wipers, replacing light bulbs, and topping off auto fluid levels are usually done in 10 minutes or less.

Typically, more than 70 percent of revenue is from oil changes. A typical location performs about 1,200 jobs per month. Most locations operate two to five bays in a drive-through building, and many use basement construction so that oil can be changed below while other services are being completed above.

However, to keep capital investments low and offer quick building relocation, vehicle lifts can be used rather than basements.

2. Executive Summary

Easy On Oil is a San Diego registered LLC quick lube business that will provide high quality oil changes at a reasonable price. Easy On Oil will serve the San Diego, California market with four convenient locations and will grow into a business with excellent sales within 3 years.

At Easy On Oil, we will differentiate ourselves by not only offering oil change or other automotive maintenance services, but by also providing customers with a stocked lubricant and parts store. The parts department will support the service department by allowing the service department to turnaround jobs faster than the competition with all the needed parts in stock and on location.

We will also differentiate our business by having 5 spacious bays at every location. This offers incredible value to customers who need their cars fixed right away. Long wait for services and parts won’t b entertained at East On Oil as we strive to offer the best service and product in our market.

We will attract and maintain a loyal customer base through our customer-oriented focus on business. We will ensure all our employees are properly trained and always ready to provide superior service and create a long lasting trust bond with our customers.

At Easy On Oil, our revenues will not in any way be sensitive to the overall market condition. People will continue to drive regardless of the general economic market. The company would need to have sales decrease by more than 30% before we can be unable to satisfy our month to month financial obligations. Easy On Oil boasts of a unique and well versed management team that will allow us achieve our objectives.

Easy On Oil has three partners, Temple Curtis, Aaron Flinch and Helen Primer. Temple worked as a top sales rep at Chevrolet for over 13 years. He will be charged with overseeing the sales and marketing of Easy On Oil. Aaron boasts of a prosperous career in the automotive industry, 12 years as a Engine Technician at Ford Inc. Lastly, Helen brings 8 years of finance and administration experience. She was trained at Ford and later took a position at Chevrolet.

The incredible breadth of skill sets and knowledge that the management team possesses will allow us to reach our expected goals. Easy On Oil is an exciting business opportunity that addresses the unmet need of having a spacious quick lube facility that also has a complete automotive parts store. We will offer these distinct but complimentary services coupled with unprecedented customer service, something that the industry is not known for having.

3. Our Products and Services

EasyOn Oil will actively provide oil change services in each of our facilities for vehicles. These services will include full oil changes, lubricate the chassis of automotive vehicles and provide other automotive repair and maintenance services, such as tire rotations and liquid flushes. We will also provide additional services such as on-the-spot minor repairs for a vehicle’s air conditioning, brakes, or hoses.

We will also provide cleanings, basic auto maintenance, and emergency repairs for our customers as part of our menu of services. We do not intend to offer expansive vehicle repair services as our facilities will not be equipped to run full automotive diagnostics and repairs.

Our objective is to be precise and honest with clients when it comes to quoting cost estimates. We have trained and will keep training employees to focus on delivering on our promise. We believe that by establishing a strong customer relationships based on trust and integrity, we can benefit from a strong regular customer base and good referrals.

We plan to leverage the highest degree of modern technology to manage a full range of automotive lubricants and parts inventory. We plan to make sure we don’t ever run out of a specific part, while maximizing inventory turnover. We will create strong vendor relationships with the most reputable vendors in terms of shipping time of major parts.

4. Our Mission and Vision Statement

  • Our vision at Easy On Oil is to become the leading business that offers Quick Lube repair services and a well-stocked repair parts shop in San Diego, California. Our goal is to capture a majority of the market in little or no time.
  • At Easy On Oil, our mission is to provide fast, reliable, and cost effective oil change and lubrication services for vehicle owners in San Diego, California. We plan to offer our clients personalized service by offering convenience and rapid service.
  • With Easy On Oil as a technologically savvy business with computerized monitoring of all automotive lubricant and repair parts inventory, we plan to make sure that parts are always in stock, while keeping a balanced level of inventory to maximize inventory turnover.

Our Business Structure

Easy On Oil will be managed by its three founding partners. Temple Curtis represents sales/management, Helen will focus on the finance/administration section of the business and Aaron will focus on the mechanical aspect of the business. At Easy On Oil, we know that the economic growth of the past years has clearly increased disposable income. People are graciously buying cars and comfort.

As a result, the need for reliable and convenient quick lube store has grown rapidly in California. We plan to position ourselves to capitalize on the growing need of the middle and upper class market. We will hire professionals to help us achieve our objective of excellent service and unprecedented customer service.

Managing Director

  • Marketing manager
  • Automotive technician
  • Mechanic assistant
  • Shop attendant
  • Security Guard

5. Job Roles and Responsibilities

  • Is the senior Technician at Easy On Oil
  • Oversees the activities of group technicians, including the recruiting and credentialing processes
  • Attend standing meetings (board, committee, etc.)
  • Monitor quality and appropriateness of services and care
  • Provide guidance and leadership for performance guidelines
  • Develop policies and procedures
  • Manage strategic development
  • Oversee business peer review
  • Oversee documentation and care planning
  • Manage staffs relations and/or representation
  • Handle client complaints
  • Address emergency issues
  • Support technician education

Marketing Manager

  • Manages external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
  • Models demographic information as it relates to those who need our services
  • Sources for clients for the company
  • In charge of promoting the company’s image
  • In charge of creating marketing and sales strategies, etc.
  • Represents the organization in some strategic business meetings
  • Handles any other duty as assigned by the director
  • Receives payments on behalf of the company
  • Issues receipt to customers
  • Prepares financial report at the end of every working week
  • Purchase supplies and equipment as authorized by management
  • Monitor office supply levels and reorder as necessary
  • Tag and monitor fixed assets
  • Pay supplier invoices in a timely manner
  • Take all reasonable discounts on supplier invoices
  • Pay any debt as it comes due for payment
  • Monitor debt levels and compliance with debt covenants
  • Issue invoices to customers
  • Handles financial transaction on behalf of the company
  • Interfaces with our bankers
  • In charge of payment of tax, levies and utility bills
  • Handles any other duty as assigned by the office

Mechanic Assistant

  • Maintains and repairs automotive fleet and small equipment
  • Performs oil and other lubricant change on vehicles
  • Inspects and services automobiles, trucks, and other equipment
  • Changes and repairs tires and responds to road service calls
  • Performs tune-ups on vehicles
  • Diagnoses heating and air conditioning systems and makes repairs
  • Inspects suspension and exhaust systems and makes repairs
  • Assists in ordering and obtaining necessary parts and supplies
  • Assists with loading and unloading of warehouse supply trucks
  • Assists with maintenance on vehicles as time permits
  • Responds to after hour emergencies as requested
  • Performs other duties and responsibilities as assigned by the technician

Shop Attendant

  • Sees to it that clients are attended to and on time
  • Books clients for repairs or check in
  • Passes information to the technicians about clients
  • Reaches out to clients when information needs to reach them

Automotive Technician

  • Determines vehicle condition by conducting inspections and identifying worn and damaged parts.
  • Keeps equipment available for use by completing preventive maintenance schedules; installing component and part upgrades; controlling corrosion; completing winterization procedures.
  • Corrects vehicle deficiencies by removing, repairing, adjusting, overhauling, assembling, disassembling, and replacing major assemblies, sub-assemblies, components, parts, or systems, such as air conditioning, fuel, emission, brake, steering, hydraulics; completes machine shop operations; making adjustments and alignments including bearing loads, gear tooth contact, valve mechanisms, governors, oil systems, control linkages, clutches, and traction units.
  • Verifies vehicle performance by conducting test drives; adjusting controls and systems.
  • Complies with federal and state vehicle requirements by testing engine, safety, and combustion control standards.
  • Maintains vehicle records by annotating services and repairs.
  • Keeps shop equipment operating by following operating instructions; troubleshooting breakdowns; maintaining supplies; performing preventive maintenance; calling for repairs.
  • Keeps supplies ready by inventorying stock; placing orders; verifying receipt.
  • Updates job knowledge by participating in educational opportunities; reading technical and regulation publications.
  • Mops the floors
  • Keeps the facility clean
  • Cleans the bathroom
  • Empties the trash
  • Washes the windows

Security Guards

  • Ensures that the shop is secured at all time
  • Controls traffic and organize parking
  • Patrols around the building on a 24 hours basis
  • Submits security reports weekly
  • Handles any other duty as assigned by the manager

6. SWOT Analysis

Easy On Oil is a well-positioned quick lube shop that will serve the needs of the people of San Diego. With an estimated population of 1,425,976 as of July 1, 2018, San Diego is the eighth-largest city in the united states and second-largest in California.

It is part of the San Diego–Tijuana conurbation, the second-largest trans-border agglomeration between the U.S. and a bordering country after Detroit–Windsor, with a population of 4,922,723 people. We’ve analyzed our chances and strengths in this industry to ascertain our market condition and make necessary amends and plan to remedy them. Further explained below are the results of our SWOT analysis at Easy On Oil:

At Easy On Oil, our strength is on the fast and convenient quick lube repair services we plan to offer our clients. Also our plans to make sure we maintain a referral network will give us the needed push in the industry. Also, our wide range of auto lubricants and repair parts inventory that is (nearly) never out of stock will further cement our place as a reckoning force in the industry.

At Easy On Oil, our major weaknesses will be the time and resources it will take us to establish and publicize our services to the people of San Diego. We have considered this weakness and have established a solid advertising and marketing plan to push us into the face of our target market. Also our cash flow is impaired and business hours are limited for a retail establishment (Monday through Friday 9:00 a.m. to 6:00 p.m.)

  • Opportunities

Our Business location provides us with a vast market and many opportunities. Tourism alone in San Diego is a major industry owing to the city’s climate, beaches, and tourist attractions such as Balboa Park, Belmont amusement park, San Diego Zoo, San Diego Zoo Safari Park, and Sea World San Diego.

San Diego’s Spanish and Mexican heritage is reflected in many historic sites across the city, such as Mission San Diego de Alcala and Old Town San Diego State Historic Park.

Also, the local craft brewing industry attracts an increasing number of visitors for “beer tours” and the annual San Diego Beer Week in November. San Diego County hosted more than 32 million visitors in 2012; collectively they spent an estimated $8 billion. The visitor industry provides employment for more than 160,000 people.

At Easy On Oil,we face over 15 auto repair and auto parts competitors in the local area. Over half of these competitors offer both auto repair services, although without an inventory store. Among these, only a few are major national chains. The remaining are small privately-owned establishments. We at Easy On Oil have analysed this and we will favorably compete by focusing on convenience and offering a high level of customer service.

7. MARKET ANALYSIS

  • Market Trend

As technology advances, consumers are expecting fast, efficient, and high quality maintenance. The largest technological advancement in the automotive industry is the introduction of electric vehicles. Electric vehicles impact the future of the automotive repair industry in many different ways.

In order to see how electric cars are impacting the future of the automotive repair industry , it is important to understand how they work in the first place. To start off, there are two major types of electric cars that are on the roads today. The most popular has been around for a while, hybrid-electric cars.

Along with hybrids, all-electric cars are taking to the streets across the world. Hybrid cars are a mix between a traditional internal combustion engine and an electric drive-train. In hybrid-electric cars, the electric systems are used to even out the power needs in the vehicle.

This allows the IC engine to focus on efficiency rather than trying to do everything as it does in an all-gas car. So, most hybrid-electric cars do not ever run on electricity alone. Instead, the two halves work hand-in-hand to create a highly fuel efficient car, especially when driving locally.

These are some of the most efficient cars to ever be driven. This does come at a cost though. When it comes to all-electric cars, consumers either have an inexpensive car with very low range or a very expensive car with comparable range to an ICE car. Along with that, all-electric vehicles can pose some challenges to auto mechanics.

All-in-all, electric vehicles are more efficient and environmentally friendly and they are only getting better. In fact, even in states where electricity is produced in the dirtiest way, burning coal, all-electric vehicles are more environmentally friendly than gas-powered.

So, most maintenance on electric cars will be more software driven. Understanding code and the relationship that software has with new vehicles will become an essential skill set for anyone working in the auto repair industry in the future. Although there will still be many different tasks to complete with your hands, we will grow and advance with this trend by employing the services of a software engineer in due time.

8. Our Target Market

Our plan at Easy On Oil is to service the middle and upper income markets. We believe that this market is always on the lookout for high quality, rapid service with as much convenience as possible. Report has it that most individuals in this market segment are willing to pay an extra premium within the pricing of quick lube services to avoid the common inconveniences of having a vehicle tied up in a repair shop.

  • Local Residents’ Regular Customer Base

At Easy On Oil, we’ve made plans to create a significantly large regular customer base. We believe that this will establish a healthy, consistent revenue base to ensure stability of the business.

  • Local Mechanics and Freeway Traffic

This segment comprises approximately 25% of our revenue at Easy On Oil. Note that convenience, steady referrals from local mechanics, and high quality, rapid service are necessary to capture this segment of the market.

Our Competitive Advantage

Our key advantage in San Diego will be the high-quality, rapid, and convenient quick lube service we plan to offer. We will ensure we provide a full range of auto lubricant and repair parts inventory and rapid shipping capability of major parts. Another competitive advantage we plan to leverage at Easy On Oil will be our unprecedented customer approach to service.

9. SALES AND MARKETING STRATEGY

  • Sources of Income

At Easy On Oil, we will generate revenue by actively providing oil change services in each of our facilities. These services will include full oil changes, lubricate the chassis of automotive vehicles and provide other automotive repair and maintenance services, such as tire rotations and liquid flushes.

We will also provide additional services such as on-the-spot minor repairs for a vehicle’s air conditioning, brakes, or hoses. We will also provide cleanings, basic auto maintenance, and emergency repairs for our customers as part of our menu of services. Below is well detailed outline of the services we will offer at Easy On Oil facilities in exchange for cash and referrals;

  • Providing automotive oil change and lubrication services
  • Providing automotive emissions testing services
  • Providing automotive rustproofing and undercoating services
  • Providing automotive safety inspection services
  • Providing automotive tire repair services
  • Providing emissions testing with repair services
  • Spray-on bed liner installation for trucks
  • Full range of Auto Lubricants and Repair Parts store.

10. Sales Forecast

Note that our sales forecast at Easy On Oil is based on the averages of the first-year figures for total sales by units, and for operating expenses. All these were analysed based on per-unit revenue, per-unit cost, and fixed costs. These conservative assumptions make for a more accurate estimate of real risk. From our detailed research, we hope that provisions for ongoing expenses are adequate to meet our needs as the business generates cash flow sufficient to support operations. At Easy On Oil, we strongly believe we will experience steady growth in profitability over the next three years of operation. Our sales forecast at Easy On Oil is as follows;

  • First Year: $850,000
  • Second Year: $1,994,000
  • Third Year: $3,119,000
  • Marketing Strategy and Sales Strategy

At Easy On Oil, our marketing and sales strategy will focus on reaching our target audience. To reach our local customer base, we will employ a marketing manager. We will also strengthen our relationships with local mechanics to capture repair needs of the local and highway traffic. The following tactics will be used prior and after we launch:

  • Print 1,500 flyers advertising the grand opening of the business
  • List the website on search engines, local business databases, auto repair shop databases and the Yellow Pages
  • The principals and additional staff handing out business cards and wearing Easy On Oil shirts to promote the opening
  • Running ads in the local papers about the grand opening
  • The grand opening, a five-day event, will consist of a promotion giving introductory branded products
  • Create a basic website with contact information and directions, the prices for services, images of products for sale in the shop and prices
  • Printing flyers periodically promoting discounts and new products and posting them in the area
  • Maintaining the website with new trends and advises.

11. Publicity and Advertising Strategy

At Easy On Oil, we will steadily channel our publicity and advertising towards our target market, the middle and upper class market, and create a reputable image from that target market’s perspective, by offering convenience, expedient quick lube services, customer service excellence, and by working with local mechanics.

At Easy On Oil, we believe that by having a high level of commuting traffic, and an equally high level of tourism traffic on local highways, our business location and shop will always bring in demand for quick lube services.

We plan is to grow sales through word-of-mouth. We plan to give our clients a few business cards to hand out to friends when they talk about our quick lube services or buying new parts. Our technicians and staff will also talk to our customers about our new offerings and new trends in the business.

12. Our Pricing Strategy

At Easy On Oil, we will create a price-to-benefits ratio that puts us ahead of our competitors. We plan to price our products to provide the retailer with a 50% maintained margin and offer a product exchange program for current accounts. Also our product prices will be gotten after the appropriate retail is determined to make sure that the shelf price represents a value to the consumer and the retailer has a 50% margin.

  • Payment Options

Most of our competitors have adopted point-of-sale systems in their stores. These systems gather sales and gross profit data by a stock-keeping unit from each store on a daily basis. At the end, the information is used to help formulate pricing, marketing and merchandising strategies.

Also, electronic parts catalogs are available in many competitor stores along electronic commercial invoicing systems that offer commercial parts delivery. Some of them also have electronic work order systems available amongst their various service centres.

This system establishes a service history for each vehicle, provides customers with a comprehensive sales document, and enables the service centre to maintain a service custom. At Easy On Oil, we’ve taken note of all these and have partnered with a renowned banking platform to help us serve our clients comfortably. We hope to make available the following payment options for our clients;

  • Payment by via bank transfer
  • Payment via online bank transfer
  • Payment through POS
  • Payment through PayPal
  • Payment via check
  • Payment with cash

13. Startup Expenditure (Budget)

Our plan at Easy On Oil is to spend our funds on licenses and permits including a building permit for renovation on the space, business licenses, health department permit, occupancy permit, and signage permit. We also need enough business cards for three years for our workers and flyers advertising the grand opening to be distributed and posted in the area.

We understand that starting a business like ours can be very expensive due to the high cost of equipment. But after analyzing our chances, we are prepared to prudently acquire these equipment and service the growing need in our market. Below is a detailed analysis of how we want to spend our startup capital.

  • Cost of incorporating the Business – $750.
  • Cost for basic insurance policy covers, permits and business license – $100,000
  • The cost of acquiring a suitable Office facility 6 months (Re – Construction of the facility inclusive) – $120,000
  • The budget for equipping the office (computers, software applications, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al) – $10,000
  • The price of purchasing of the required software applications (CRM software, Accounting and Bookkeeping software and Payroll software et al) – $12, 000
  • The Cost of Launching our official Website – $4,000
  • Our budget for paying at least five employees for 6 months plus utility bills – $70,000
  • Additional Expenditure (Business cards, Signage, repair equipment, Adverts and Promotions et al) – $234,000
  • Inventory: $1,200,000
  • Miscellaneous: $5,000

From our cost analysis above, we need approximately $560,000 plus $1,200,000 inventory to start Easy On Oil successfully.

Generating Funding/Start up Capital for Easy On Oil

Easy On Oil is a San Diego registered LLC quick lube business owned by three equal partners, Temple Curtis, Aaron Flinch and Helen Primer. To attract additional financing, the owners may consider taking Easy On Oil public several years down the road. Note that each of the three co-owners will invest an equal amount. The remainder of the required financing will come from a ten year Small Business Administration (SBA) loan and a short-term loan.

14. Sustainability and Expansion Strategy

At Easy On Oil, we understand the importance of establishing reliability and consistency in business. Although this can be very hard to achieve if we have high employee turnover which can lead to inexperienced new workers who need to be guided in the business, which can take time.

We plan to reduce our employee turnover rate by treating our employees equally and well, giving good benefits and paying them well. We believe earnestly that this will also make our customers more comfortable working with us when they see the same technicians each time they come in for changes. We will give a guarantee on all our repairs for a certain amount of miles or time.

Also, at Easy On Oil, we understand the need to develop an ethics statement describing our unchangeable stand on honest, trustworthy work. We will always stress the fact that we only offer reliable services. We plan to let our customers know that we will only provide necessary repairs and service and will not try to charge them for services that they don’t need.

Our diverse management have put plans in place to make sure our regulars feel appreciated by rewarding them for being loyal customers.

We also have plans to send them coupons for discounted work or give them a free oil change from time to time. Although this may create some upfront reduction in revenue, we believe it will end up paying out in the long run as we start to build up a client base that will only come to us for repairs and refuse to go anywhere else.

We also plan to leverage an automotive service scheduling software program. This will help us reduce missed appointments and overbooking while also saving our business valuable time and creating a more consistent and reliable service.

Checklist/Milestone

  • Business Name Availability Check: Completed
  • Business Incorporation: Completed
  • Opening of Corporate Bank Accounts: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of Insurance for the Business: Completed
  • Conducting feasibility studies: Completed
  • Leasing, renovating and equipping our facility: Completed
  • Generating part of the startup capital from the founder: Completed
  • Applications for Loan from our Bankers : In Progress
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Drafting of Contract Documents: In Progress
  • Design of The Company’s Logo: Completed
  • Printing of Packaging and Promotional Materials: Completed
  • Recruitment of employees: In Progress
  • Purchase of software applications, furniture, office equipment, electronic appliances and facility facelift: In progress
  • Creating Official Website for the Company: In Progress
  • Creating Awareness for the business (Business PR): In Progress
  • Health and Safety and Fire Safety Arrangement: In Progress
  • Establishing business relationship with banks, financial lending institutions, vendors and key players in the industry: In Progress

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How to Start an Oil Change Business

An oil change business keeps neighbors' cars maintained and on the road by offering regular services such as oil changes, windshield wiper replacement, and air conditioning recharging. Speedy service with a smile and competitive pricing encourages your customers to come back the next time.

Learn how to start your own Oil Change Business and whether it is the right fit for you.

Ready to form your LLC? Check out the Top LLC Formation Services .

Oil Change Business Image

Start an Oil Change Business by following these 10 steps:

  • Plan your Oil Change Business
  • Form your Oil Change Business into a Legal Entity
  • Register your Oil Change Business for Taxes
  • Open a Business Bank Account & Credit Card
  • Set up Accounting for your Oil Change Business
  • Get the Necessary Permits & Licenses for your Oil Change Business
  • Get Oil Change Business Insurance
  • Define your Oil Change Business Brand
  • Create your Oil Change Business Website
  • Set up your Business Phone System

We have put together this simple guide to starting your Oil Change Business. These steps will ensure that your new business is well planned out, registered properly and legally compliant.

Exploring your options? Check out other small business ideas .

STEP 1: Plan your business

A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are:

What will you name your business?

  • What are the startup and ongoing costs?
  • Who is your target market?

How much can you charge customers?

Luckily we have done a lot of this research for you.

Choosing the right name is important and challenging. If you don’t already have a name in mind, visit our How to Name a Business guide or get help brainstorming a name with our Oil Change Business Name Generator

If you operate a sole proprietorship , you might want to operate under a business name other than your own name. Visit our DBA guide to learn more.

When registering a business name , we recommend researching your business name by checking:

  • Your state's business records
  • Federal and state trademark records
  • Social media platforms
  • Web domain availability .

It's very important to secure your domain name before someone else does.

Want some help naming your Oil Change Business?

Business name generator, what are the costs involved in opening an oil change business.

In order to get off the ground, your largest investment will be for the equipment in your garage bays. Expect to invest at least $250,000 for a two-car facility, initial training, and media launch for your location. Multiple franchise opportunities can help you corner the local market and provide assistance for your initial growing pains.

What are the ongoing expenses for an Oil Change Business?

The equipment in the garage such as lifts and pumps must be maintained by a qualified service company. You will need to maintain a stock of a variety of oils such that you are able to service even an uncommon vehicle from time to time. Filters, gaskets, and other expendable parts must be kept in inventory as well. It will be important to have a highly trained automotive technician on the payroll that is able to properly supervise less experienced workers, who may be just starting out on their automotive careers.

Who is the target market?

Everybody who drives a car is a potential customer. The most lucrative areas are situated at the edge of urban markets, as suburban families own more vehicles and will spend money on simple services. Rural markets have fewer customers available, and some of those will want to change their own oil. Inner cities have higher costs associated with the property while customers have less cash for extras.

How does an Oil Change Business make money?

Your customers pay you a minimal fee for completing a quick oil change on their personal vehicle. Connect with local car rental agencies or delivery services to generate a larger base of repeat customers. When you expand the number of services offered, clients will return to you more often increasing profits.

You will want to shop your competitors to ensure your price is appropriate to your neighborhood. A simple oil change averages between $25 and $55. Most services at a quick oil change shop will cost under $100, but accessories and parts like windshield wipers provide excellent profit margins.

How much profit can an Oil Change Business make?

With many oil franchises bringing in nearly $250,000 a year, as the owner, it is possible to see a net profit of $75,000 to $80,000 a year. If your market can support the demand for additional bays, your operational income can rise dramatically above the average if your schedule is filled with appointments from open to close.

How can you make your business more profitable?

While an oil change in itself makes very little profit, the addition of extra services and parts for each customer raises the average profit margin up to 35% for services rendered per customer. Your technicians must walk the fine line between selling extra services just to make a buck vs. providing honest advice to your customers. In the long run, honesty will build a more loyal clientele that will be ready to pay for the extras.

Want a more guided approach? Access TRUiC's free Small Business Startup Guide - a step-by-step course for turning your business idea into reality. Get started today!

STEP 2: Form a legal entity

The most common business structure types are the sole proprietorship , partnership , limited liability company (LLC) , and corporation .

Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your Oil Change Business is sued.

Form Your LLC

Read our Guide to Form Your Own LLC

Have a Professional Service Form your LLC for You

Two such reliable services:

You can form an LLC yourself and pay only the minimal state LLC costs or hire one of the Best LLC Services for a small, additional fee.

Recommended: You will need to elect a registered agent for your LLC. LLC formation packages usually include a free year of registered agent services . You can choose to hire a registered agent or act as your own.

STEP 3: Register for taxes

You will need to register for a variety of state and federal taxes before you can open for business.

In order to register for taxes you will need to apply for an EIN. It's really easy and free!

You can acquire your EIN through the IRS website . If you would like to learn more about EINs, read our article, What is an EIN?

There are specific state taxes that might apply to your business. Learn more about state sales tax and franchise taxes in our state sales tax guides.

STEP 4: Open a business bank account & credit card

Using dedicated business banking and credit accounts is essential for personal asset protection.

When your personal and business accounts are mixed, your personal assets (your home, car, and other valuables) are at risk in the event your business is sued. In business law, this is referred to as piercing your corporate veil .

Open a business bank account

Besides being a requirement when applying for business loans, opening a business bank account:

  • Separates your personal assets from your company's assets, which is necessary for personal asset protection.
  • Makes accounting and tax filing easier.

Recommended: Read our Best Banks for Small Business review to find the best national bank or credit union.

Get a business credit card

Getting a business credit card helps you:

  • Separate personal and business expenses by putting your business' expenses all in one place.
  • Build your company's credit history , which can be useful to raise money later on.

Recommended: Apply for an easy approval business credit card from BILL and build your business credit quickly.

STEP 5: Set up business accounting

Recording your various expenses and sources of income is critical to understanding the financial performance of your business. Keeping accurate and detailed accounts also greatly simplifies your annual tax filing.

Make LLC accounting easy with our LLC Expenses Cheat Sheet.

STEP 6: Obtain necessary permits and licenses

Failure to acquire necessary permits and licenses can result in hefty fines, or even cause your business to be shut down.

State & Local Business Licensing Requirements

Certain state permits and licenses may be needed to operate an oil change business. Learn more about licensing requirements in your state by visiting SBA’s reference to state licenses and permits .

Most businesses are required to collect sales tax on the goods or services they provide. To learn more about how sales tax will affect your business, read our article, Sales Tax for Small Businesses .

Certificate of Occupancy

Businesses operating out of a physical location typically require a Certificate of Occupancy (CO).  A CO confirms that all building codes, zoning laws and government regulations have been met.

  • If you plan to lease a location :
  • It is generally the landlord’s responsibility to obtain a CO.
  • Before leasing, confirm that your landlord has or can obtain a valid CO that is applicable to a oil change business.
  • After a major renovation, a new CO often needs to be issued. If your place of business will be renovated before opening, it is recommended to include language in your lease agreement stating that lease payments will not commence until a valid CO is issued.
  • If you plan to purchase or build a location :
  • You will be responsible for obtaining a valid CO from a local government authority.
  • Review all building codes and zoning requirements for your business’ location to ensure your oil change business will be in compliance and able to obtain a CO.

Liability Waivers

To avoid liability and potential lawsuits, oil change businesses should have their clients sign waivers.

STEP 7: Get business insurance

Just as with licenses and permits, your business needs insurance in order to operate safely and lawfully. Business Insurance protects your company’s financial wellbeing in the event of a covered loss.

There are several types of insurance policies created for different types of businesses with different risks. If you’re unsure of the types of risks that your business may face, begin with General Liability Insurance . This is the most common coverage that small businesses need, so it’s a great place to start for your business.

Another notable insurance policy that many businesses need is Workers’ Compensation Insurance . If your business will have employees, it’s a good chance that your state will require you to carry Workers' Compensation Coverage.

FInd out what types of insurance your Oil Change Business needs and how much it will cost you by reading our guide Business Insurance for Oil Change Business.

STEP 8: Define your brand

Your brand is what your company stands for, as well as how your business is perceived by the public. A strong brand will help your business stand out from competitors.

If you aren't feeling confident about designing your small business logo, then check out our Design Guides for Beginners , we'll give you helpful tips and advice for creating the best unique logo for your business.

Recommended : Get a logo using Truic's free logo Generator no email or sign up required, or use a Premium Logo Maker .

If you already have a logo, you can also add it to a QR code with our Free QR Code Generator . Choose from 13 QR code types to create a code for your business cards and publications, or to help spread awareness for your new website.

How to promote & market an Oil Change Business

Your most visible marketing tool is your store front. Make sure that your signage clearly states the service that you offer and that your property is well-maintained to welcome in new customers. Direct marketing campaigns that include a discount or coupon for your garage will help generate your initial flow of traffic. Since almost every automotive garage offers oil changes, price and speed will be key elements in driving customers to your door. Make sure that you are offering a good price, but one that also supports your business model.

How to keep customers coming back

Your first year of service will focus on large promotional campaigns in order to build local recognition and a customer base. Make use of radio, television, newspapers, social media, and direct marketing to flood the area with your name and brand. Offering discount coupons or a new-customer bonus encourages folks to check you out. Once they are in the door, it is up to your technicians to complete their work quickly. Customer service that also encourages your clients to complete other needed maintenance at your location helps to build a sense of caring and community, creating a repeat customer.

STEP 9: Create your business website

After defining your brand and creating your logo the next step is to create a website for your business .

While creating a website is an essential step, some may fear that it’s out of their reach because they don’t have any website-building experience. While this may have been a reasonable fear back in 2015, web technology has seen huge advancements in the past few years that makes the lives of small business owners much simpler.

Here are the main reasons why you shouldn’t delay building your website:

  • All legitimate businesses have websites - full stop. The size or industry of your business does not matter when it comes to getting your business online.
  • Social media accounts like Facebook pages or LinkedIn business profiles are not a replacement for a business website that you own.
  • Website builder tools like the GoDaddy Website Builder have made creating a basic website extremely simple. You don’t need to hire a web developer or designer to create a website that you can be proud of.

Recommended : Get started today using our recommended website builder or check out our review of the Best Website Builders .

Other popular website builders are: WordPress , WIX , Weebly , Squarespace , and Shopify .

STEP 10: Set up your business phone system

Getting a phone set up for your business is one of the best ways to help keep your personal life and business life separate and private. That’s not the only benefit; it also helps you make your business more automated, gives your business legitimacy, and makes it easier for potential customers to find and contact you.

There are many services available to entrepreneurs who want to set up a business phone system. We’ve reviewed the top companies and rated them based on price, features, and ease of use. Check out our review of the Best Business Phone Systems 2023 to find the best phone service for your small business.

Recommended Business Phone Service: Phone.com

Phone.com is our top choice for small business phone numbers because of all the features it offers for small businesses and it's fair pricing.

Is this Business Right For You?

If you enjoy working with cars, customers, and providing a valuable service to the community, this might be the right business opportunity for you. There is a sizable investment required to get off the ground, but with the right location, marketing, and constant hard work, it can be very rewarding.

Want to know if you are cut out to be an entrepreneur?

Take our Entrepreneurship Quiz to find out!

Entrepreneurship Quiz

What happens during a typical day at an Oil Change Business?

You and your employees will have a fairly regular schedule that includes:

  • Maintaining the garage bays, lifts, and pumps
  • Neatening up the customer waiting lounge
  • Scheduling appointments such that customers never have to wait long
  • Ordering supplies including oil, filters, gaskets and other automotive parts
  • Basic money handling
  • Process payroll
  • Basic marketing tasks
  • Maintaining your knowledge level for servicing all major brands of cars and new models

What are some skills and experiences that will help you build a successful Oil Change Business?

If you are going to be doing the oil changes yourself, then you should have completed basic automotive maintenance courses at your local technical university along with a couple years of experience applying your knowledge in the real world. Otherwise, as the owner you will need to:

  • Understand OSHA standards to provide a safe working and customer service environment
  • Have completed basic coursework in business management and administration
  • Have good customer service skills
  • Have the ability to train your employees in proper completion of all services offered
  • Understanding of local regulations regarding disposal of hazardous wastes i.e. used oil and other fluids
  • Basic marketing skills

What is the growth potential for an Oil Change Business?

Everybody needs to have their oil changed one to four times a year. If you establish a reputation for providing quick, reliable service at a competitive price, the word will spread. In a major metropolitan area, the opportunity to expand to multiple locations is very real. If you wish to take further advantage of your current location, expanding the services you provide will help to raise profits with minimal investment. In upscale neighborhoods, you may be able to offer a mobile oil change service for your wealthier clients.

TRUiC's YouTube Channel

For fun informative videos about starting a business visit the TRUiC YouTube Channel or subscribe to view later.

Take the Next Step

Find a business mentor.

One of the greatest resources an entrepreneur can have is quality mentorship. As you start planning your business, connect with a free business resource near you to get the help you need.

Having a support network in place to turn to during tough times is a major factor of success for new business owners.

Learn from other business owners

Want to learn more about starting a business from entrepreneurs themselves? Visit Startup Savant’s startup founder series to gain entrepreneurial insights, lessons, and advice from founders themselves.

Resources to Help Women in Business

There are many resources out there specifically for women entrepreneurs. We’ve gathered necessary and useful information to help you succeed both professionally and personally:

If you’re a woman looking for some guidance in entrepreneurship, check out this great new series Women in Business created by the women of our partner Startup Savant.

What are some insider tips for jump starting an Oil Change Business?

Location, location, location. You may be able to find low rent for a fully-equipped garage in an industrial park at the edge of town, but that requires your customers spend some time to find you. When you are positioned in a busy commercial area full of strip malls and office buildings, you encourage your customers to complete this errand during lunch, or while out and about.

How and when to build a team

You may wish to have a business partner in this endeavor. One person may be focused on the mechanical part of the garage, while the other excels at marketing and maintaining good business practices. Both of you should be on board from the beginning. Hire your oil change technicians two weeks before opening to review service standards and provide training.

Useful Links

Industry opportunities.

  • Grease Monkey Franchise
  • Valvoline Instant Oil Change Franchise

Real World Examples

  • Andy's Mobile Oil Change-Indianapolis, IN
  • Take 5 Oil Change - Metairie, LA
  • Bolton Oil - Lubbock, TX

Further Reading

  • Mobile Oil Change Business Are Very Hard to Succeed In
  • Mobile Oil Change Business-Oil Changing Methods

Have a Question? Leave a Comment!

We earn commissions if you shop through the links below.  Read more

Oil Change Business

Back to All Business Ideas

How to Start an Oil Change Business

Written by: Carolyn Young

Carolyn Young is a business writer who focuses on entrepreneurial concepts and the business formation. She has over 25 years of experience in business roles, and has authored several entrepreneurship textbooks.

Edited by: David Lepeska

David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.

Published on May 7, 2022 Updated on March 13, 2024

How to Start an Oil Change Business

Investment range

$119,550 - $239,100

Revenue potential

$218,000 - $624,000 p.a.

Time to build

Profit potential

$44,000 - $125,000 p.a.

Industry trend

If you’ve got a car you know that oil changes are inevitable, whether you like it or not. That’s why the US oil change industry is worth $7 billion and counting. If you like to tinker with cars, you could start an oil change business, get in on a growing market and make good money. You’ll need to make a large investment, but if you provide great service you could grow your business into a regional or even a national franchise. 

But first, you need to hone your business skills. Luckily, this step-by-step guide will teach you everything you need to know to launch a successful oil change business.

Looking to register your business? A limited liability company (LLC) is the best legal structure for new businesses because it is fast and simple.

Form your business immediately using ZenBusiness LLC formation service or hire one of the Best LLC Services .

Step 1: Decide if the Business Is Right for You

Pros and cons.

Starting an oil change business has pros and cons to consider before deciding if it’s right for you. 

  • Good Money – Can do a lot of 10-minute oil changes in one day
  • Large Market – Demand is constant
  • Valuable Service – Oil changes prevent serious car failures
  • High Startup Costs – A space with car bays is expensive
  • Saturated Market – Compete with established oil change outlets

Oil change industry trends

Industry size and growth.

  • Industry size and past growth – The US oil change industry was worth $7 billion in 2021 after modest growth the previous five years.(( https://www.ibisworld.com/united-states/market-research-reports/oil-change-services-industry/ )) 
  • Growth forecast – The US oil change industry is projected to continue to grow for the next five years.
  • Number of businesses – In 2021, 25,455 oil change businesses were operating in the US.
  • Number of people employed – In 2021, the US oil change industry employed 76,363 people.

oil change industry size and growth

Trends and challenges

Trends in the oil change industry include:

  • As people start getting back out after the pandemic and driving their cars, demand for oil changes is expected to increase.
  • The trend in the industry is toward synthetic oils, which are more eco-friendly and increase fuel efficiency.

Challenges in the oil change industry include:

  • Emergence of electric vehicles may soon threaten the oil change industry.
  • Leading franchises like Valvoline Instant Oil Change, Jiffy Lube and Grease Monkey are very difficult for new oil change businesses to compete with.

oil change industry Trends and Challenges

Demand hotspots

  • Most popular states – The most popular states for lube technicians are Iowa, New Jersey, and Colorado.(( https://www.zippia.com/lube-technician-jobs/best-states/#iowa )) 
  • Least popular states – The least popular states for lube technicians are Hawaii, New Mexico, and Florida.

oil change industry demand hotspots

What kind of people work in oil changes?

  • Gender – 6.3% of lube technicians are female, while 93.7% are male.(( https://www.zippia.com/lube-technician-jobs/demographics/ ))
  • Average level of education – The average lube technician is high school educated.
  • Average age – The average lube technician in the US is 40.4 years old.

oil change industry demographics

How much does it cost to start an oil change business?

Startup costs for an oil change business range from $106,000 to $240,000. Costs include garage space rental, lifts and bays, equipment, and an inventory of oils and filters.

If you don’t know how to perform oil change services, you can find a trade school near you and go through a program. Alternatively, you could work at any quick lube franchise that offers training programs to gain some hands-on experience.

You’ll need a handful of items to successfully launch your oil change business, including: 

  • Bays and lifts
  • Socket sets
  • Impact guns
  • Oil filter wrenches
  • Oil catches
  • Inventory of oil and other fluids such as transmission fluid
  • Inventory of oil and air filters

How much can you earn from an oil change business?

The average price for an oil change is about $60. Your profit margin after materials, labor, and overhead should be about 20%. 

In your first year or two, you could do 70 oil changes a week, bringing in $218,000 in annual revenue. This would mean nearly $44,000 in profit, assuming that 20% margin. As your brand gains recognition and you get repeat business and referrals, you could do 200 oil changes a week. With annual revenue of $624,000, you’d make a fantastic profit of $125,000.

oil change business earnings forecast

What barriers to entry are there?

There are a few barriers to entry for an oil change business. Your biggest challenges will be:

  • Funding the high startup costs
  • Grabbing market share from the big players

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Step 2: hone your idea.

Now that you know what’s involved in starting an oil change business, it’s a good idea to hone your concept in preparation to enter a competitive market. 

Market research will give you the upper hand, even if you’re already positive that you have a perfect product or service. Conducting market research is important, because it can help you understand your customers better, who your competitors are, and your business landscape.

Why? Identify an opportunity

Research oil change businesses in your area to examine their services, price points, and customer reviews. You’re looking for a market gap to fill. For instance, maybe the local market is missing a mobile oil change business or a 10 minute oil change business.

quick lube business plan

You might consider targeting a niche market by specializing in a certain aspect of your industry, such as oil changes using synthetic motor oil or fleet services for trucking companies.

This could jumpstart your word-of-mouth marketing and attract clients right away. 

What? Determine your products or services

In addition to oil changes, you’ll want to service all vehicle fluids and change filters. You can also offer other replacement parts such as lights or windshield wipers. You could also do tire balancing and other basic vehicle services.

How much should you charge for oil changes?

The average price for an oil change is about $60. Check prices in your area to make sure you’re competitive. After costs for materials, labor, rent, and overhead, you should aim for a profit margin of about 20%.

Once you know your costs, you can use this Step By Step profit margin calculator to determine your mark-up and final price points. Remember, the prices you use at launch should be subject to change if warranted by the market.

Who? Identify your target market

Your target market will be broad, so you should spread out your marketing to include sites like TikTok, Instagram, Facebook, and LinkedIn.

Where? Choose your oil change shop location

Location is key when starting an oil change business. You’ll want to choose a spot that’s visible and accessible, with high traffic volume and easy parking for customers.

Convenience is key in this industry, so aim for a location that’s near major roads or highways, and, ideally, within a commercial area with other automotive businesses. It’s also important to consider the size and layout of the space. You can find commercial space to rent in your area on sites such as Craigslist , Crexi , and Instant Offices .

When choosing a commercial space, you may want to follow these rules of thumb:

  • Ventilated and spacious, with good natural light
  • Flexible lease that can be extended as your business grows
  • Ready-to-use space with no major renovations or repairs needed

oil change business idea rating

Step 3: Brainstorm an Oil Change Station Business Name

Your business name is your business identity, so choose one that encapsulates your objectives, services, and mission in just a few words. You probably want a name that’s short and easy to remember, since much of your business, and your initial business in particular, will come from word-of-mouth referrals.

Here are some ideas for brainstorming your business name:

  • Short, unique, and catchy names tend to stand out
  • Names that are easy to say and spell tend to do better 
  • Name should be relevant to your product or service offerings
  • Ask around — family, friends, colleagues, social media — for suggestions
  • Including keywords, such as “oil change” or “quick oil change”, boosts SEO
  • Name should allow for expansion, for ex: “Jim’s Oil Change Center” over “Jim’s Motorcycle Oil Change”
  • Avoid location-based names that might hinder future expansion
  • Use online tools like the Step by Step Business Name Generator . Just type in a few keywords and hit “generate” and you’ll have dozens of suggestions at your fingertips.

Once you’ve got a list of potential names, visit the website of the US Patent and Trademark Office to make sure they are available for registration and check the availability of related domain names using our Domain Name Search tool. Using “.com” or “.org” sharply increases credibility, so it’s best to focus on these. 

Find a Domain

Powered by GoDaddy.com

Finally, make your choice among the names that pass this screening and go ahead with domain registration and social media account creation. Your business name is one of the key differentiators that sets your business apart. Once you pick your company name, and start with the branding, it is hard to change the business name. Therefore, it’s important to carefully consider your choice before you start a business entity.

Step 4: Create an Oil Change Business Plan

Every business needs a plan. This will function as a guidebook to take your startup through the launch process and maintain focus on your key goals. A business plan also enables potential partners and investors to better understand your company and its vision:

  • Executive Summary: A brief overview of your oil change business, highlighting its service offerings, target market, and growth objectives.
  • Business Overview: Description of your business focusing on providing quick, reliable oil change services and basic vehicle maintenance.
  • Product and Services: Details of services such as oil changes, filter replacements, fluid checks, and other minor automotive maintenance.
  • Market Analysis: Analysis of the local automotive service market, customer demand patterns, and vehicle population.
  • Competitive Analysis: Evaluation of local competitors, their services, pricing, and customer service strategies.
  • Sales and Marketing: Strategy for attracting customers through promotional offers, local advertising, and establishing a strong online presence.
  • Management Team: Information about the key individuals running the business, their experience in automotive services, and management skills.
  • Operations Plan: Outline of daily operations including service procedures, customer management, and inventory control.
  • Financial Plan: Financial projections covering startup costs, operating expenses, pricing strategy, and profitability analysis.
  • Appendix: Additional documents like supplier agreements, equipment lists, and detailed service descriptions.

what to include in a business plan

If you’ve never created a business plan, it can be an intimidating task. You might consider hiring a business plan specialist to create a top-notch business plan for you.

Step 5: Register Your Business

Registering your business is an absolutely crucial step — it’s the prerequisite to paying taxes, raising capital, opening a bank account, and other guideposts on the road to getting a business up and running.

Plus, registration is exciting because it makes the entire process official. Once it’s complete, you’ll have your own business! 

Choose where to register your company

Your business location is important because it can affect taxes, legal requirements, and revenue. Most people will register their business in the state where they live, but if you’re planning to expand, you might consider looking elsewhere, as some states could offer real advantages when it comes to oil change businesses. 

If you’re willing to move, you could really maximize your business! Keep in mind, it’s relatively easy to transfer your business to another state. 

Choose your business structure

Business entities come in several varieties, each with its pros and cons. The legal structure you choose for your oil change business will shape your taxes, personal liability, and business registration requirements, so choose wisely. 

Here are the main options:

  • Sole Proprietorship – The most common structure for small businesses makes no legal distinction between company and owner. All income goes to the owner, who’s also liable for any debts, losses, or liabilities incurred by the business. The owner pays taxes on business income on his or her personal tax return.
  • General Partnership – Similar to a sole proprietorship, but for two or more people. Again, owners keep the profits and are liable for losses. The partners pay taxes on their share of business income on their personal tax returns.
  • Limited Liability Company (LLC) – Combines the characteristics of corporations with those of sole proprietorships or partnerships. Again, the owners are not personally liable for debts.
  • C Corp – Under this structure, the business is a distinct legal entity and the owner or owners are not personally liable for its debts. Owners take profits through shareholder dividends, rather than directly. The corporation pays taxes, and owners pay taxes on their dividends, which is sometimes referred to as double taxation.
  • S Corp – An S-Corporation refers to the tax classification of the business but is not a business entity. An S-Corp can be either a corporation or an LLC , which just need to elect to be an S-Corp for tax status. In an S-Corp, income is passed through directly to shareholders, who pay taxes on their share of business income on their personal tax returns.

types of business structures

We recommend that new business owners choose LLC as it offers liability protection and pass-through taxation while being simpler to form than a corporation. You can form an LLC in as little as five minutes using an online LLC formation service. They will check that your business name is available before filing, submit your articles of organization , and answer any questions you might have. 

Form Your LLC

Choose Your State

We recommend ZenBusiness as the Best LLC Service for 2023

quick lube business plan

Step 6: Register for Taxes

The final step before you’re able to pay taxes is getting an Employer Identification Number , or EIN. You can file for your EIN online or by mail or fax: visit the IRS website to learn more. Keep in mind, if you’ve chosen to be a sole proprietorship you can simply use your social security number as your EIN. 

Once you have your EIN, you’ll need to choose your tax year. Financially speaking, your business will operate in a calendar year (January–December) or a fiscal year, a 12-month period that can start in any month. This will determine your tax cycle, while your business structure will determine which taxes you’ll pay.

quick lube business plan

The IRS website also offers a tax-payers checklist , and taxes can be filed online.

It is important to consult an accountant or other professional to help you with your taxes to ensure you’re completing them correctly.

Step 7: Fund your Business

Securing financing is your next step and there are plenty of ways to raise capital:

  • Bank loans: This is the most common method but getting approved requires a rock-solid business plan and strong credit history.
  • SBA-guaranteed loans: The Small Business Administration can act as guarantor, helping gain that elusive bank approval via an SBA-guaranteed loan .
  • Government grants: A handful of financial assistance programs help fund entrepreneurs. Visit Grants.gov to learn which might work for you.
  • Friends and Family: Reach out to friends and family to provide a business loan or investment in your concept. It’s a good idea to have legal advice when doing so because SEC regulations apply.
  • Crowdfunding: Websites like Kickstarter and Indiegogo offer an increasingly popular low-risk option, in which donors fund your vision. Entrepreneurial crowdfunding sites like Fundable and WeFunder enable multiple investors to fund your business.
  • Personal: Self-fund your business via your savings or the sale of property or other assets.

Bank and SBA loans are probably the best option, other than friends and family, for funding an oil change business. 

types of business financing

Step 8: Apply for Licenses/Permits

Starting an oil change business requires obtaining a number of licenses and permits from local, state, and federal governments.

Federal regulations, licenses, and permits associated with starting your business include doing business as (DBA), health licenses and permits from the Occupational Safety and Health Administration ( OSHA ), trademarks, copyrights, patents, and other intellectual properties, as well as industry-specific licenses and permits. 

You may also need state-level and local county or city-based licenses and permits. The license requirements and how to obtain them vary, so check the websites of your state, city, and county governments or contact the appropriate person to learn more. 

You could also check this SBA guide for your state’s requirements, but we recommend using MyCorporation’s Business License Compliance Package . They will research the exact forms you need for your business and state and provide them to ensure you’re fully compliant.

This is not a step to be taken lightly, as failing to comply with legal requirements can result in hefty penalties.

If you feel overwhelmed by this step or don’t know how to begin, it might be a good idea to hire a professional to help you check all the legal boxes.

Step 9: Open a Business Bank Account

Before you start making money, you’ll need a place to keep it, and that requires opening a bank account .

Keeping your business finances separate from your personal account makes it easy to file taxes and track your company’s income, so it’s worth doing even if you’re running your oil change business as a sole proprietorship. Opening a business bank account is quite simple, and similar to opening a personal one. Most major banks offer accounts tailored for businesses — just inquire at your preferred bank to learn about their rates and features.

Banks vary in terms of offerings, so it’s a good idea to examine your options and select the best plan for you. Once you choose your bank, bring in your EIN (or Social Security Number if you decide on a sole proprietorship), articles of incorporation, and other legal documents and open your new account.

Step 10: Get Business Insurance

Business insurance is an area that often gets overlooked yet it can be vital to your success as an entrepreneur. Insurance protects you from unexpected events that can have a devastating impact on your business.

Here are some types of insurance to consider:

  • General liability: The most comprehensive type of insurance, acting as a catch-all for many business elements that require coverage. If you get just one kind of insurance, this is it. It even protects against bodily injury and property damage.
  • Business Property: Provides coverage for your equipment and supplies.
  • Equipment Breakdown Insurance: Covers the cost of replacing or repairing equipment that has broken due to mechanical issues.
  • Worker’s compensation: Provides compensation to employees injured on the job.
  • Property: Covers your physical space, whether it is a cart, storefront, or office.
  • Commercial auto: Protection for your company-owned vehicle.
  • Professional liability: Protects against claims from a client who says they suffered a loss due to an error or omission in your work.
  • Business owner’s policy (BOP): This is an insurance plan that acts as an all-in-one insurance policy, a combination of the above insurance types.

types of business insurance

Step 11: Prepare to Launch

As opening day nears, prepare for launch by reviewing and improving some key elements of your business. 

Essential software and tools

Being an entrepreneur often means wearing many hats, from marketing to sales to accounting, which can be overwhelming. Fortunately, many websites and digital tools are available to help simplify many business tasks. 

You may want to use industry-specific software, such as Shopmonkey , ARI , or Mitchell1 , to manage your scheduling, inventory, workflows, and invoicing. 

  • Popular web-based accounting programs for smaller businesses include Quickbooks , Freshbooks , and Xero . 
  • If you’re unfamiliar with basic accounting, you may want to hire a professional, especially as you begin. The consequences for filing incorrect tax documents can be harsh, so accuracy is crucial. 

Develop your website

Website development is crucial because your site is your online presence and needs to convince prospective clients of your expertise and professionalism.

You can create your own website using services like WordPress, Wix, or Squarespace . This route is very affordable, but figuring out how to build a website can be time-consuming. If you lack tech-savvy, you can hire a web designer or developer to create a custom website for your business.

They are unlikely to find your website, however, unless you follow Search Engine Optimization ( SEO ) practices. These are steps that help pages rank higher in the results of top search engines like Google.

Here are some powerful marketing strategies for your future business:

  • Strategic Partnerships with Auto Shops: Collaborate with local auto repair shops or car dealerships to establish referral programs, offering mutual benefits and creating a network of customers in need of oil changes.
  • Frequent Customer Loyalty Programs: Implement loyalty programs that reward customers for repeat business, offering discounts, free services, or exclusive deals after a certain number of oil changes.
  • Community Sponsorships and Events: Sponsor local events or sports teams to increase brand visibility, and participate in community gatherings to engage with potential customers directly.
  • Mobile Oil Change Services: Offer convenient on-site oil change services for busy professionals or individuals who prefer the convenience of having their oil changed at their location.
  • Educational Workshops and Seminars: Host workshops or seminars on basic car maintenance and the importance of regular oil changes, positioning your business as an expert in automotive care.
  • Seasonal Promotions and Packages: Introduce seasonal promotions or bundled packages, such as winterization specials or summer road trip packages, to attract customers during specific times of the year.
  • Referral Programs with Local Businesses: Establish referral partnerships with other local businesses, like car washes or tire shops, encouraging cross-promotion and expanding your customer base.
  • Mobile App for Appointment Scheduling: Develop a user-friendly mobile app that allows customers to easily schedule and manage their oil change appointments, enhancing convenience and customer satisfaction.
  • Social Media Contests and Engagement: Run engaging social media contests, share informative content about car maintenance, and encourage user-generated content to create a buzz around your oil change business.
  • Vehicle Fleet Maintenance Contracts: Target businesses with vehicle fleets and offer customized maintenance contracts, providing cost-effective solutions for companies in need of regular oil changes for their vehicles.

Focus on USPs

Unique selling propositions, or USPs, are the characteristics of a product or service that sets it apart from the competition. Customers today are inundated with buying options, so you’ll have a real advantage if they are able to quickly grasp how your oil change business meets their needs or wishes. It’s wise to do all you can to ensure your USPs stand out on your website and in your marketing and promotional materials, stimulating buyer desire. 

Global pizza chain Domino’s is renowned for its USP: “Hot pizza in 30 minutes or less, guaranteed.” Signature USPs for your oil change business could be:

  • Express oil changes with such great service you’ll want to stay longer!
  • Let our oil pros get you back on the road in a snap
  • Full-service oil changes and engine check-ups

unique selling proposition

You may not like to network or use personal connections for business gain. But your personal and professional networks likely offer considerable untapped business potential. Maybe that Facebook friend you met in college is now running an oil change business, or a LinkedIn contact of yours is connected to dozens of potential clients. Maybe your cousin or neighbor has been working in oil changes for years and can offer invaluable insight and industry connections. 

The possibilities are endless, so it’s a good idea to review your personal and professional networks and reach out to those with possible links to or interest in oil changes. You’ll probably generate new customers or find companies with which you could establish a partnership. 

Step 12: Build Your Team

If you’re starting out small from a home office, you may not need any employees. But as your business grows, you will likely need workers to fill various roles. Potential positions for an oil change business include:

  • Oil Change Technicians – perform oil change services
  • General Manager – staff management, ordering, accounting
  • Marketing Lead – SEO strategies, social media

At some point, you may need to hire all of these positions or simply a few, depending on the size and needs of your business. You might also hire multiple workers for a single role or a single worker for multiple roles, again depending on need. 

Free-of-charge methods to recruit employees include posting ads on popular platforms such as LinkedIn, Facebook, or Jobs.com. You might also consider a premium recruitment option, such as advertising on Indeed , Glassdoor , or ZipRecruiter . Further, if you have the resources, you could consider hiring a recruitment agency to help you find talent. 

Step 13: Run an Oil Change Business – Start Making Money!

Oil changes may be a necessary evil, but they are indeed necessary, which means demand is big and constant. It’s also increasing. You could ride that growth with your own oil change business. If you have a passion for cars and for helping people, there’s no reason why you couldn’t grow your business into a major national franchise!

You’ve got the business knowledge you need now, so it’s time to roll up your sleeves and launch your successful oil change business.

  • Oil Change Business FAQs

Oil change businesses can be extremely profitable. You’ll need to have a good location, do high-quality work, and provide superior customer service so that your business stands out in a competitive market.

You can find a trade school near you and go through a program. Alternatively, you could work at any quick lube franchise that offers training programs to gain some hands-on experience.

To hire and train qualified technicians for oil change services, start by advertising job openings on relevant platforms and conducting thorough interviews to assess candidates’ technical skills and experience. Develop a comprehensive training program that covers safety protocols, proper oil change procedures, equipment usage, and customer service skills. 

Identify the demands and preferences of your target customers and determine which services would complement oil changes effectively, such as tire rotations, filter replacements, fluid checks, and basic vehicle maintenance. Ensure you have qualified technicians with the necessary skills and equipment to perform these additional services efficiently.

Offer competitive pricing and promotions to attract and retain customers, and highlight the quality of the products and equipment you use. Emphasize your commitment to transparency, trust, and building long-term relationships with customers. Additionally, consider leveraging technology by offering online appointment booking, reminders, and digital customer engagement to provide a seamless and convenient experience.

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  • Decide if the Business Is Right for You
  • Hone Your Idea
  • Brainstorm an Oil Change Station Business Name
  • Create an Oil Change Business Plan
  • Register Your Business
  • Register for Taxes
  • Fund your Business
  • Apply for Licenses/Permits
  • Open a Business Bank Account
  • Get Business Insurance
  • Prepare to Launch
  • Build Your Team
  • Run an Oil Change Business - Start Making Money!

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How To Start A Profitable Automotive Oil Change Business

quick lube business plan

Welcome to the guide to starting one of the most profitable businesses out there – An oil change business.

But, even before we start, you might have this slight doubt as to why we’ve confidently mentioned an oil change business as one of the most profitable businesses out there considering the ever-growing climate change concerns and increasing electric vehicle sales, right?

Well, the global oil change market is here to stay…at least till 2050 where the profits will only keep increasing. Good thing is that growth is so enormous in this business, that after 2050, you can easily pivot your business towards a different line relevant to the future and keep flourishing.

An oil change business is all about convenience. Changing oil is cumbersome and quite inconvenient. That’s where oil change businesses show up. Making life easier and making vehicles smoother to operate.

Since this line of business is directly focused on making life convenient, the business is ever-green in terms of growth and profitability for a long time. Don’t worry, we’ll link you to various statistics and sources that prove why this business will keep flourishing.

Even back in 2020, with many oil franchises bringing in nearly $250,000 a year, as the owner, it is possible to see a net profit of $75,000 to $80,000 a year.

Every business or entrepreneurial venture requires a lot of prior research and dedication to become successful. That’s why this blog will lay before you all the data, precautions and steps to follow to successfully start your own oil change business.

To cover all the related topics, let’s first start from the beginning –

What is an Automotive oil change business?

That’s quite simple!

As the name suggests, an Automotive oil change business essentially provides oil change and lubrication services to a variety of vehicles.

Not just that, but usually, these businesses also provide a variety of other services as well such as windshield wiper replacement, air conditioning recharging, sometimes tire replacement, and many other basic automotive maintenance services.

What’s been noted is that businesses that specialize in oil change services alone, tend to provide this service for a much cheaper price compared to other similar non-specialized garages. Oil change, being a frequent requisite for vehicles, makes these specialized oil change businesses highly profitable.

This is still up to you to decide which would work best for the location you’re setting up. Don’t worry, we’ll cover that part too.

Also, understand that the

What you need to know about an Automotive oil change business?

Note that the Middle East alone holds a major share of about 48.1% of the global oil market and the market is unevenly distributed. (source- Statista.com )

While that’s still the case, the global profits are well evenly distributed and in 2019, saw a massive 8 Billion USD in revenue in the US alone.

Employment rates keep skyrocketing each year with an average 3 % yearly growth rate (except for 2020 where pandemic-related lockdowns had brought the average down).

Now, be keen to note that the growth in this industry is directly proportional to the number of vehicles on the road. More the number, more business. It’s a simple logic that needs to be kept in mind.

Therefore, keeping track of the yearly vehicle purchase rates, especially around your location, can give you an easy prediction of your upcoming growth in a year.

Now, to give some insights, experts came to a conclusion that globally, there were 1.32 billion cars, trucks and buses back in 2016. Leading industry analysts suggest that the number has already surpassed 1.4 billion in the last few years.

Here’s a quick analysis – there were 342 million vehicles in 1976 and in 1996, grew to 670 million vehicles. So if the calculations are done right, then we can expect around 2.8 billion vehicles in 2036 running on our roads. ( source – carsguide.com )

What does this translate to?

This means profit! Heavy profits!

Also, the majority of these numbers will be oil-based vehicles and it’ll go more than 2050 for Electric vehicles to ascertain dominance. So, no problems there.

Industry trend in the automotive oil change industry

Trends in the automotive oil change industry are directly in line with the trends in the general global automotive industry.

What does that mean?

The current trend in the automotive industry is designing vehicles that are built to last . That’s great news as increasing the general longevity of vehicles means more oil change is required annually. That’s good news!

Secondly, the current pandemic automobile market has seen a reduction in people’s willingness to replace and get newer model vehicles . This means the general public wants to keep their current vehicles for a longer period of time. This is once again great news for automotive oil change businesses.

The third important trend is the digitalization of vehicle services and customer experience . Customer experience has now become a major playing factor that determines the success of any business line in the automotive sector.

Customers require quick oil change services, door-to-door oil change services, and many other customer experience-related attributes.

We are seeing a general trend in automotive businesses moving towards ERP software implementation to tackle customer expectations, quick service, streamlining business processes, customer relation, and retention issues. We suggest you check out good ERP softwares for your oil change business.

Skills you need to start an Oil change business?

  • Entrepreneurial skills – After all, business is a business and without entrepreneurship, let’s just say business will be harder. This ranges from business management to looking into future trends and making business decisions. It’s all entrepreneurship!
  • Automotive knowledge – You will definitely need work experience in this field to know more about vehicles and oil changes.
  • Communication skills – Well, of course. You’ll be regularly interacting with customers and the impression you make will decide if they will be a loyal customer or a run-away one.
  • Marketing skills –  Marketing is everything, from the way you portray the trust and reliability of your business to the way people end up perceiving your business. It’s all after marketing. Marketing is what will generate leads and customers for your business.

How exactly do we start an oil change business?

Let’s head to the most important part. We’ll cover this in a step-by-step manner that is tried and tested by users around the globe. We’ll break it down to you in simple steps for easy understanding.

Market Potential Analysis

The first step that we could suggest is to thoroughly understand the market in your desired location. Not all locations are suitable for oil change businesses.

Select location

Make sure to choose a location that gets a lot of traffic. This step could be harder because you’ll also need to make sure that you’re not setting up near any other similar oil change business. Especially not close to the “big box” companies. This is important because the location you set your business in plays one of the most important roles in determining the profitability of your business. (especially for oil change businesses).  A series of data needs to be collected before starting in order to understand the size of the market, the number of customers, etc. Customer surveys can be done to understand the customer pain points and needs.

Competitor analysis

They say keep your friends close and your enemies/ competitors closer. This couldn’t have been more true for garage businesses like the oil change business.  Competitor analysis is a great way to understand the strengths and weaknesses. This helps you in understanding your preferred market location better and you can now figure out what advantage customers will have from your business compared to your competitors. You need to have some unique selling point that keeps you apart from the competition. This can be done only when you prepare a competitor analysis chart.

Customer segmentation and target

Know your customers. This is the first step to setting up a successful business. You need to understand the preferences and general income of your expected/ potential customers. The income level of your customers varies from location to location and based on this, you can determine your service prices.

Proper estimation of costs and revenue

Prepare a revenue forecast chart. This gives you an edge.

How to prepare, you ask?

Here’s how-

You’ll need a significant amount of data for this. You would’ve collected most of these during your market research period.

  • The average price of an oil change
  • How many times a year an average car requires an oil change.
  • How many customers are in your location
  • Your competitors – who they are, where they’re located, and whether they specialize in cars or other vehicles too (such as motorcycles)

You can find these data on Google or we suggest befriending a repair shop or other oil change shop owners who won’t be a direct competition for you. Take them out for coffee or do anything required to discuss these matters with them. Collect these data.

Now, take our spreadsheet or Google sheets and lay out the data in a meaningful way.

Sales forecast

The best way to set up a financial chart is to create a sales forecast chart. This will give you an average estimate of your turnover.

All you have to do is evaluate the average price for oil change service and multiply it by the number of customers or sales that you’re expecting to make. That should do!

Overhead costs

These are the expenses that are required to run your business on a daily basis. Find out the number of staff you’ll need to carry out the services. Take a look at the price quote from your suppliers, insurance bills, utility, etc to calculate an accurate estimate.

These are some simple ways for cost estimating and revenue prediction. Find out more about this from here .

Feasibility checks like this are extremely important as they reduce risks and the chances of losses.

Finalizing the space for the oil change business

Now’s the time to finalize space and set up your oil change business. Finalize a good name for your business first.

Make sure the location you’ve selected is located either along the highways or in the middle of the city where a high volume of traffic would be expected, of course, keeping in check with nearby similar businesses. Most importantly, make sure to follow the local government regulations.

Once all this is finalized, find a property. This step always involves you making a crucial decision whether to purchase the property or sign a lease. If in case you decide to lease the property, make sure it’s a long-term lease.

Tools and Equipment

Now, you have to decide if you’re going to be an Oil change specialist business or a multi-specialty business.

It’s time to purchase tools and equipment that are related to your business depending on the specialization you chose. It makes sense for oil change businesses to start investing in new-age technology equipped to provide niche services

For an oil change-only business, you’d need equipment like radiator flushing machines, transmission flushing machines, oil drain buckets, oil tanks to hold bulk oil, hoses, cash registers, and small required equipment.

Hiring the right employees

This is the tiring part. Employees make the core functioning of any business. The same goes for an oil change business.

You’ll most definitely need a few oil change technicians and a manager depending on the size of your business. A plus point for you is that you needn’t recruit skilled technicians for this role. Anyone can do this job if taught once. Hence, one less thing to worry about. Phew!

Of course, you’ve got to pay them salaries as well. This part can get tricky but you check out this website to find out the average salary of technicians and managers in your location. The website is called Payscale.com and you can reach out to find salaries for oil change businesses from here .

Hiring apprentices can help develop long-term and meaningful working relationships which can be beneficial for your oil change business. The experienced employees provide stability while the new ones bring freshness and updated skill sets. Encourage them to clear certifications to make your business look more authentic and professional. Employees with diverse skill sets and decent communication skills should be preferred because, in the end, your employees too will be communicating with your customers.

Effective marketing and promotions for the business

Like we have already discussed, marketing is everything. Better your marketing campaigns means more will be the leads generated. A well-planned marketing campaign is what will help you fetch customers when starting an oil change business.

Marketing strategy for an oil change business is similar to marketing any other aftermarket auto repair business. We have a comprehensive step-by-step guide for marketing that is sure to help you in all aspects. Find out about marketing from here .

Invest in customer service

For starting an oil change business, the first thing any entrepreneur should keep in mind is to properly understand customers and serve them accordingly. You must thoroughly understand the pain points of your customers who visit you for oil-changing services.

Oil change businesses can have a waiting room for their customers when their vehicles are being serviced. The list of available services along with their rates can be posted here on a board in the waiting room.

Invest in a good oil change management software that can take care of all aspects that makes your customer experience brilliant. You find out how a good oil change management ERP software can help you with building a great customer experience here .

All these factors need to be kept in mind because you need to once again understand that oil change businesses are repeat businesses. The customer who comes to your garage once needs to be retained for a long time.

Advanced oil change business management software like GaragePlug can automatically take care of building a premium digital experience for your customers and auto reminder features to lock your customers within your business’s ecosystem.

Document a foolproof business and finance plan

It is necessary to document a foolproof business plan on how your business would function, the cash flow, the plans for expansion in the future and other industry-related information. For securing funds for your business, you can either go to a bank or apply for loans from a local lender. Opt for minimum funds to secure a location, tools and working capital enough to sail through till the revenue starts coming in.

Chart relationships with dealers and other organizations

Entering into a long-term partnership with tools and oil vendors is a key to sustainable growth. You must work on this aspect of your business. Vendors who visit garages to exchange tools and offer new products are a great source for referrals and can actually bring in new customers through word-of-mouth publicity. Dealers can help in cross-selling your services.

A good partnership with larger brand vendors can help build reputation and credibility for your oil change business. You can use the name and brand of the larger oil vendors in your garage. The idea is to utilize their big brand to leverage and boost your business.

If you choose to be an oil specialist, try partnering with neighboring repair shops or detailing centers such that you can refer each other when the requirement arises. Group business/ networking is a great way to build and grow your business together.

Overall, your communication skills and your deal-making skills will be put to test here.

Operations Management

Once you’ve set up your business, you need to monitor key aspects of your business for smooth functioning. Some of the KPI (key performance indicator) that can be considered for this process is the satisfaction level of customers, the number of customers visiting, revenues generated and the expenses incurred.

Involving all stakeholders of your business in this process can aid in the easy implementation of corrective actions to ensure sustained and improve KPIs. Future expansion plans and adding more services can only be considered once the present KPIs are consistent and matching expectations.

That’s mostly it!

From starting up your oil change business to finalizing and managing it. We have covered all the major aspects.

But, there are some more important factors that come to play which need to be considered. These are non-specific and are region-based. So, depending on where you’re coming from, these factors will vary globally.

More factors to consider

Business entity.

Business entity refers to the structuring of your business’ ownership. It generally refers to how a business is legally organized to operate.

To make it easier to understand, there are 4 major types of business entities – sole proprietorship, partnership, corporation, and Limited Liability Company (LLC). Find the pros and cons of each of them from here .

Business Licenses and Permits

Depending on where you come from, you may need to pay for acquiring an oil change business license and get allowance permits.

Oil change business, being a hydrocarbon servicing company, you may be liable to get an environmental license depending on your region.

Register for taxes

Again, depending on where you come from, you will need to register for a variety of state and federal taxes.

For this, you’ll need to apply for EIN. Find a quick guide to understanding EIN here

There are various tax strategies out there that can benefit you from taxes. A simple Google search will help you find these. Once again, these vary from region to region and only Google can help you understand the tax structuring for your country.

Finance and banking

For the purpose of personal asset protection, we suggest using dedicated business banking and credit accounts.

If in case your business gets in trouble, you will be able to save your personal loan like housing or car loans can be protected from getting sued.

Learn to build business credit that will help you get credit cards and other financial benefits with better interest rates.

Insurance is important too! Just as much as the license and business permits.

Insurance is the only way to protect your business’s well-being if in case something goes wrong. Be double careful!

There are many types of insurances that vary from country to country. A quick Google search is the best way to find out about suitable insurance for your oil change business.

Starting an oil change business is one of the most profitable businesses that one could ever open. With clear proof with statistics, we have proved why.

Although profitable, like any other business, the risks in running a business successfully will definitely apply in this case as well.

You’ll need to approach with caution and take calculated risks, but of course, just like any other business.

You’ll need to hone your entrepreneurial skills to succeed in this venture.

But, in this blog, we’ve covered almost each and every aspect there is to start an oil change business.

With these strategies, your business plans are good to go. All you have to do is work on the implementation, take care of the budget and keep tabs on the returns.

Talk to our support team and we’d be more than happy to help you out with your oil change business.

There’s a chat icon to the bottom right side of the screen. Don’t be shy. Ping us and we’d get back to you in less than 5 min.

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The task of changing the oil in a car is one that every car owner will have to undertake at some point. While it is a relatively simple process, many car owners do not want to take the time to do it or do not want to get their hands dirty. Because of this, many car owners are willing to pay someone else to do it for them. Starting your own quick lube business can provide a way to help customers and charge a fair price for the service you give.

Make a business plan for your quick lube business. In the business plan, you should include information about what type of services you plan to offer and what will separate you from the competition. You should also include information about any other oil change businesses in the area and how they will impact yours. Make some financial projections such as a sample income statement, balance sheet and statement of cash flows. You should also include information about whether you will buy into a franchise or start an independent quick lube business.

Get the money you need to get started with your business. Borrow the money from a commercial lender, bring on investors in the business or both. You can talk to your friends and family members to see if anyone is interested in investing. Investors and lenders will need to see a copy of your business plan before making a decision, in most cases.

Secure a location for your quick lube business. In this type of business, you have a very special set of needs for a location. You need a building that has an office space and a waiting area for customers. You also need a work area that has multiple bays for cars to pull into. Work with a Realtor in your area who specializes in commercial properties to find a location for your business. Using the market analysis and suggestions from the Realtor, determine how many bays your startup business needs. Two bays may be appropriate for some locations, but large metro areas may require three or four bays to accommodate customers and continued growth.

Buy a business license for your quick lube business. Every city has its own process for getting a license. Most cities simply require you to fill out an application for a business license and pay a fee. Once you submit the form and the fee, the application must be approved. At that point, the city issues a certificate that should be conspicuously displayed in your business -- at the front desk or in the waiting area, for example.

Purchase a business owner's insurance policy. Get a policy that provides financial protection for the building that you acquire as well as for the equipment inside. The policy should also have general liability protection with a limit of at least $1,000,000 in most cases. Buy a worker's compensation policy for your employees. If your employees are injured, this provides compensation for lost wages and medical bills.

Develop a relationship with a distributor. Buying your oil, filters and other supplies in bulk gets you a discount. Call quick lube businesses in other areas and ask the owner who their distributors are. As long as owners know that you are not competing against them directly, they may be willing to help you. Try calling auto parts stores as well to get contact information for distributors. Once you get in contact with a distributor, ask for the sales rep who serves your area. At that point, negotiate the price for the supplies that you need. At first, your distributor may not give you the best deal available. After you prove that you are in business for the long-term, your distributor may give you better pricing on your supplies.

Acquire the equipment you will need for your business. You will need tools to change the oil as well as a lift to go under the cars. You will also need equipment for the office such as a computer and furniture. You will also need some furniture for the waiting area for customers.

Hire certified mechanics for your business. Look for employees with at least two years of experience in the automotive industry. Hire a garage manager to oversee the other employees. Ideally, your manager should have at least 5 to 10 years of experience in the industry with management experience as well. This way, the person in charge of the garage will be familiar with most issues that come up along the way.

Promote your quick lube business. Pass out coupons, advertise in the paper and on the radio. If you have enough in the budget, you may also want to advertise on television. By doing this, you can get the word out about your new business and bring in new customers. Offer $15 off an oil change for new customers. Even if you do not make much money initially, it will get customers in the door.

  • Entrepreneur.com: Mobile Oil-Change Service
  • Gaebler: How to Start an Automobile Oil Change Business
  • This business is very competitive and customers are primarily concerned with price. If you have a lot of competition in the area, make sure that the area can support another quick lube business before getting started.

Luke Arthur has been writing professionally since 2004 on a number of different subjects. In addition to writing informative articles, he published a book, "Modern Day Parables," in 2008. Arthur holds a Bachelor of Science in business from Missouri State University.

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Sep 1, 2021 1:00:00 PM

How to grow your quick lube business.

Written by: Dave Weston

So you've decided you want to grow your oil change business, but aren't sure how to enact that change. Don't worry, we've all been there. You have the goals, ideas, and dreams...but are coming up a little short on the plans. It can be discouraging as a business owner when you're not entirely sure what steps you should take to see the growth you want. 

As an owner in the quick lube space specifically, this can feel even more daunting. This sector of the automotive industry is highly competitive, and sometimes maintaining what you already have can seem like a feat in and of itself. But what if we told you it's easier than you think? Let's go over how to grow your quick lube business. 

Top Ways to Grow Your Quick Lube Business:

  • Maintain low turnover
  • Streamline your processes
  • Enable digital vehicle inspections
  • Perfect appointment scheduling
  • Get loyal customers to leave reviews

Maintain Low Turnover 

To create a solid foundation for growth, you'll need a reliable, steadfast team by your side. The only quick turnovers happening in your shop should concern vehicles. Good help is hard to find these days, so making your place of employment more attractive than others should be a top priority. 

Time is money, and working to maintain the employee relationships you have currently will save you both. If you're focused on growth, you can't continuously be focused on hiring and training, unless it's to expand your team. Getting new employees up to speed on a regular basis could be costing you your dreams of growth more than you realize. 

So, what can you do to maintain your current team? Reassess what you're currently providing them. If you haven't done so already, create opportunities for incentives to keep them motivated and happy. Your biggest priority is getting as many vehicles in and out of your doors as possible, but what motivates your employees to maintain that level of high productivity day in and day out? 

Streamline Your Processes

In order to create an experience that can be replicated as you grow, it's important to make sure all your existing processes are as boilerplate as possible. This not only aids in creating consistency and more revenue, but also training any new employees that come on board as your business expands. 

Oftentimes investing in the right software is the best course of action. This digital age affords us the ability to better communicate not only with an internal team, but with customers as well — creating an excellent, efficient experience for everyone involved. So, what can you start implementing today?

You May Also Like: How Auto Repair Software Can Help Streamline Workflow In Your Shop

Enable Digital Vehicle Inspections

Digital vehicle inspections are a game changer for shops looking to streamline processes. Not only are they great for quick lube businesses looking to create templated processes, they also enable you to increase transparency and expediency with your customers. These reports allow your technicians to

  • customize your inspections to fit your existing procedures 
  • take status photos of any vehicle part 
  • assign a green, yellow, or red status to each part
  • add technician notes to the photos 
  • text the finished report to the customer's mobile device 

Digital inspections are a great way to show the value of service to your customers, which can ultimately allow you to sell more services per visit.

Perfect Appointment Scheduling

When it comes to growing your business, you already know that you want to increase the amount of customers coming in for regular services. It can be a struggle to get people back, but trust us when we say that advanced appointment scheduling works. Sometimes the answer is that simple. By utilizing the findings of the digital inspections to recommend future services, you can create future appointments for your customers, ensuring consistent repeat business. 

Get Loyal Customers To Leave Reviews

These days, getting the word out about your business looks a little different. Prospective customers are vetting out quick lube places in your area, and you need to set yourself apart from the others. One quick easy way to do this is to get your customers to start leaving reviews .

This not only helps to increase your visibility online, it assists vehicle owners with their decision-making. Honest, objective reviews from real customers could be what causes someone to become your customer over another place. With Review Manager , that process is easy. You can text a link to a customer to prompt them to leave a review. 

Ready To Get Growing? 

Now that you know how to grow your quick lube business, don't wait to start implementing change! Growing your quick lube business has never been easier with BOLT ON TECHNOLOGY. Request a demo with one of our product specialists to see the benefits first hand.

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How To Start An Oil Change Business In 2023

  • Last Updated: January 15, 2024
  • By: Greg Bouhl

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quick lube business plan

Are you an auto enthusiast looking to leverage your skills into a viable business? Or perhaps you’re a savvy entrepreneur searching for a lucrative venture in the automotive industry? Starting an oil change business could be the perfect fit.

Changing a vehicle’s oil is difficult and inconvenient if the vehicle’s owner isn’t really set up to perform the service. Oil change businesses offer a convenient alternative, and many customers seek these businesses out of necessity. If you often work on cars and are comfortable performing oil changes, then starting an oil change business might be a profitable opportunity. While this type of business usually requires a significant startup investment, applying creative branding and great customer service can help to establish it as a successful long-term opportunity.

Our comprehensive guide is here to help with the vital aspects you need to know – from the industry overview to the steps to kickstart your venture to answering common questions.

Business Overview

Oil change businesses provide lubrication services for a variety of vehicles, helping to keep those vehicles running at their best. This standard part of vehicle maintenance is difficult for auto owners to perform on their own, and oil change businesses offer a convenient alternative. Most businesses perform oil changes while customers wait, making prompt, efficient service important.

Many businesses don’t just provide oil changes but also provide complementary services like topping off other fluids (brake, windshield washer, power steering, and coolant), checking tire pressure, tire rotations, replacing air filters, and more.

The allure of this business is that it caters to the ongoing maintenance needs of virtually every vehicle owner, offering a substantial customer base.

Related Business Ideas

Auto Repair Shop Car Detailing Car Wash Tire Shop Windshield Repair See the full library of business ideas >>

Industry Summary

The automotive oil change industry is a significant segment within the overall automotive aftermarket service industry. As of 2023, oil change services have grown by 5% annually to $10.6 billion in revenue. There are currently 33,646 oil change businesses in operation, employing over 72,000 people.

The industry’s growth correlates with the number of vehicles on the road and how far they’re driven. During that five-year period, crude oil prices fell, encouraging people to drive more. Per capita, disposable income also increased during that time, which may have prompted consumers to travel, take road trips, and otherwise drive their vehicles more.

Industry Trends

Several key trends are shaping the future of the oil change industry.

First, the increasing shift towards synthetic oils, known for their better engine protection and longer intervals between changes, has influenced the types of products and services offered. Second, the growing popularity of electric vehicles (EVs) has started to impact the industry. Although EVs do not require traditional oil changes, they still need various types of routine maintenance, allowing adaptable businesses to stay relevant.

Even with the rise of EVs, consumers are increasingly favoring to have their oil changed by a business that can get the job done in under 30 minutes , which usually means not waiting at the dealership. As a result, drive-through oil change services and mobile oil change businesses have become more prevalent. Moreover, technology is playing an increasingly significant role, with many businesses implementing digital solutions for appointment scheduling, reminders, and customer relationship management.

In addition, according to  Lubes’N’Greases , consumers are realizing that vehicles are being built to last, and that’s a positive for the oil change industry. With more vehicle owners keeping their vehicles longer, they’re more willing to perform routine maintenance to keep those vehicles operating well. An increase in the number of vehicles that are 11 years old and older is expected to drive increased demand within the oil change industry.

Checklist To Start An Oil Change Business

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If you’re thinking about starting your own oil change business, there are a few things you should keep in mind. Here is a checklist of the essentials to get started.

Step 1: Research the Market

Before embarking on your journey to start an oil change business, understanding your market’s potential is paramount. Why is it so crucial? Primarily because it allows you to gauge the level of demand for your services in a given area. High demand can equate to more customers and thus a higher likelihood of business success.

Assessing the market helps you gain insights into the number of potential customers, their needs, preferences, and behaviors, the competitive landscape, and pricing trends. This information can then inform your business decisions, from location choice to pricing strategy, marketing approach, and more.

Understanding the market also helps you minimize the risk of business failure. Starting a business requires significant investment, both in terms of time and money. By conducting thorough market research, you can make sure that your investment has the highest possible chance of yielding a profitable return.

The process of researching whether there are enough customers for a new oil change business involves several steps. Here are a few cost-effective ways to conduct market research for your oil change business:

Utilize online resources: There are several online databases and tools that can provide valuable information about your local market. The U.S. Census Bureau , for example, offers data on population demographics and car ownership in specific areas. Online mapping tools, such as Google Maps, can be used to scout potential locations and evaluate the competition in your desired area.

Analyze your competition: Visit existing oil change businesses in your desired area to understand how they operate. Look at their pricing, the services they offer, how busy they are, and how they market their services.

Leverage social media: Use social media platforms to gauge interest in your potential business. You could create a post or poll to see how many of your local connections would be interested in a new oil change business.

Networking: Attend local business networking events or join online forums and communities related to the automotive industry. Networking with other business owners can provide first-hand insights into the market, potential partnerships, or mentorship opportunities.

By leveraging these resources, you can gather rich, actionable data about the potential market for your oil change business. As a result, you’ll be better prepared to make informed decisions that will guide your new venture toward success.

Step 2:  Write a Business Plan

After confirming there is a viable market for your oil change business, the next step is crafting a business plan. A business plan is more than just a document that is used to get funding; it’s a tool that helps you think through your business strategy, identify potential challenges, and establish clear goals and benchmarks for growth.

If you’re seeking external funding, your business plan needs to be strong in a few specific sections. While all parts of the business plan are essential, some sections are especially important for demonstrating the viability and potential profitability of your oil change business to potential investors or lenders. These include:

Market analysis: This section should demonstrate your understanding of the market, the demand for oil change services, the competition, and the potential customer base in your target area. Show your competitive edge, whether that’s superior service, unique add-on services, competitive pricing, or an underserved market.

Marketing and sales strategy: Detail your marketing plan, and how you’ll attract and retain customers. As an oil change business often relies on repeat customers, discuss your strategies for customer retention. Show how your business will stand out in a crowded market.

Financial projections: This might be the most important section for securing funding. Provide a detailed breakdown of your start-up costs, projected income, and cash flow. Create a clear timeline showing when the business will start to turn a profit. Be realistic but optimistic. It’s essential to show investors that you have thought through the financials and that your business will be profitable.

Related: How to write an oil change business plan

Step 3:  Secure Funding

Once you have verified your market and completed your business plan, the next step in starting your oil change business is securing the necessary funds. A few of the most common sources of funding include:

Personal savings: Personal savings are a common source of start-up capital. The main advantage of using personal savings is that you retain complete control over your business, and you don’t have any debt to service, which can significantly ease your business’s financial pressure in the early stages.

However, since the cost to start an oil change business can be high, so finding additional money to start may have to come through banks and/or investors.

Bank loans: Bank loans are commonly used to finance small businesses. They are particularly relevant for oil change businesses, which usually require a physical location and equipment which can be used as collateral.

When seeking a bank loan, be prepared with your business plan, financial projections, and a clear explanation of how the funds will be used. Banks will consider your credit score, collateral, business plan, and cash flow projections when deciding whether to offer a loan.

Keep in mind that bank loans typically require periodic repayments with interest, which will need to be factored into your business’s operating expenses.

Small Business Administration (SBA) loan guarantees: The SBA doesn’t lend money directly but instead guarantees a portion of the loan, making banks more willing to lend to small businesses.

A few SBA loan programs exist, but the 7(a) program is most common for an oil change business. The application process can be quite rigorous and requires a solid business plan, financial projections, and good credit.

Angel investors: Another source of funding are angel investors. These individuals invest their personal funds into startup businesses in exchange for ownership. They can be successful entrepreneurs themselves, corporate executives, professionals like doctors or lawyers, or even friends and family. Angel investors often invest in industries or technologies they are familiar with or passionate about, making them hard to find for investing in an oil change business.

Remember, each funding option comes with its own set of pros and cons, and what works best will depend on your individual circumstances and the specific needs of your business. Therefore, it’s crucial to consider your options carefully and potentially seek advice from a financial advisor or accountant to help make the best decision for your business.

Related:  Finding the money to start a business

Step 4:  Register the Business

Starting an oil change business, like any other business, requires going through several legal steps to register and legalize the business. Here are the key steps:

Form a business structure: The first step is deciding on a business structure. The most common types of business entities are sole proprietorship, partnership, Limited Liability Company (LLC), and corporation. An LLC or corporation is often a good choice for an oil change business because it provides owners with limited liability protection. This means that the business assets are separate from the personal assets of the investors, an important consideration in a business that deals with vehicles and potentially hazardous materials like used motor oil.

Related: Comparison of business structures

Business name registration: After registering the business structure, you may need to register your business name. This process will vary depending on what business structure you pick. Sole proprietors and partnerships will often be required to register a “Doing Business As” (DBA), while corporations and LLCs register with the state during the formation process.

Related: Tips and ideas for naming an oil change business

During this time, it’s also a good idea to check if the name you want is available as a web domain, even if you’re not ready to set up a website yet.

Related: Finding a domain name for your business

Obtain business licenses and permits: Depending on your location, there will likely be a variety of general licenses or permits needed before opening. This could include a local business license, seller’s permit, signage permit, and Employer Identification Number (EIN).

In addition to business registration, the handling and disposal of used motor oil is regulated by the Environmental Protection Agency (EPA) under the Resource Conservation and Recovery Act (RCRA). The EPA provides guidelines for managing, reusing, and recycling used oil, however, individual states may have their own specific requirements, including registering for an environmental permit to legally handle and dispose of used motor oil.

Related: State guides for general business licensing

Starting an oil change business involves many legal considerations, and it’s crucial to ensure you’re compliant to avoid future problems. It’s recommended to consult with a legal expert or a business counselor during this process to ensure you’ve covered all your bases. While it may seem overwhelming, taking the time to properly register and legalize your business will pay off in the long run by protecting you and your business.

Step 5:  Secure the Location

Once your oil change business is funded and legally compliant, the next step is finding the perfect location and preparing it for operations. From facility design to equipment placement, every detail matters in creating a customer-friendly and operationally efficient space. Here are a few steps to consider include:

Find the right location: In the oil change business, location is key. High visibility, easy access, and ample parking can significantly impact the success of your business. You’ll want a location that’s convenient for your target market, whether that’s in a busy shopping center, near a high-traffic commuter route, or in a residential neighborhood.

When assessing potential locations, consider zoning regulations, the condition of the premises, rental rates or purchase prices, and the potential for expansion. Don’t forget to evaluate the competition in the area – being close to related businesses can increase footfall, but being too close to another oil change business might split your market share.

Prepare the location: Once you’ve secured your location, the focus shifts to preparing the space. A typical oil change facility requires a specific layout, with at least one service bay equipped with a car lift or a pit. The configuration should allow for smooth movement of vehicles and technicians alike.

Visiting other oil change businesses can provide practical insights on how to best set up your space. You might also consider hiring a professional experienced in auto service shop layouts to help maximize your space’s efficiency.

To help design the shop, free software like SmartDraw or SketchUp can help design your space. These tools allow you to create a virtual layout of your shop and move elements around to optimize workflow, safety, and customer experience.

Purchase equipment: Once your layout is finalized, you’ll need to install your equipment. This includes hydraulic lifts or pits, oil drains, air compressor systems, tools, and oil storage systems. All equipment must be professionally installed and meet any local safety regulations.

Design the waiting room: Last, don’t overlook creating a comfortable and welcoming customer area. Even if customers are only there for a short time, a clean, comfortable waiting area can make their experience much more positive and increase the likelihood of repeat business.

In conclusion, the process of finding and preparing a location for your oil change business is a significant step that can directly impact the success of your business. With careful planning, a thoughtful layout, and a customer-centric approach, you can set your business up for operational efficiency and a strong customer appeal.

Step 6: Hire & Train Employees

As you prepare to launch your oil change business, one of the crucial steps you’ll need to take is hiring employees. Building a reliable and skilled team can be pivotal for your business’s success. Employees for an oil change business typically fall into categories such as service technicians, customer service representatives, and, in some cases, a manager or supervisor.

Types of Employees in an Oil Change Business

Service technicians: These are the employees who will be performing the oil changes and other services you offer. They should be skilled, efficient, and understand the mechanics of different types of vehicles. Certification, like the Automotive Service Excellence (ASE) certification , can be an added advantage.

Customer service representatives: These employees interact directly with your customers, handle appointments, manage billing, and answer queries. They play a critical role in shaping the customer experience, so good communication and interpersonal skills are essential.

Manager/supervisor: A manager or supervisor oversees the daily operations, manages the staff, orders inventory, and handles any issues that may arise. This role is especially important if you plan to be an absentee owner or if you have multiple locations.

Owner’s Responsibilities Before Hiring Before hiring employees, there are several responsibilities and legal obligations an owner needs to address:

Employer Identification Number (EIN): You must have an Employer Identification Number (EIN) from the IRS . The EIN is used to report taxes and other information to the IRS, and to report information about employees to state agencies.

Set up records for withholding taxes: According to IRS guidelines, you must keep records of employment taxes for at least four years. These records should include your EIN, personal details of employees, details of tax withheld, etc.

Employee Eligibility Verification (I-9 Form): U.S. law requires employers to verify an employee’s eligibility to work in the U.S.

Register with your state’s New Hire Reporting Program: You’re required to report new hires to a state directory within 20 days of hiring.

Workers’ compensation insurance: Businesses with employees are required to carry Workers’ Compensation Insurance coverage through a commercial provider, on a self-insured basis, or through the state Workers’ Compensation Insurance program.

Post required notices: Employers are required to display certain posters in the workplace that inform employees of their rights and employer responsibilities under labor laws. In summary, hiring employees involves a significant amount of preparation, paperwork, and legal compliance. However, having a skilled and dedicated team is a crucial component to the success of your oil change business. By understanding and fulfilling your responsibilities as an employer, you lay the foundation for a positive and productive workplace.

Related:  Hiring your first employee

Step 7:  Implement Management Software

From tracking customer appointments to inventory management and invoicing, the right management software can streamline your operations, increase productivity, and enhance customer satisfaction.

A high-quality management software for an oil change business should be capable of handling multiple tasks. First, it should offer a robust scheduling and appointment system, allowing you to book customers efficiently and send out reminders to reduce no-shows. Next, it should include an inventory management feature to track your oil and other supplies, ensuring that you never run out of crucial items at inopportune times.

The software should also provide an invoicing and payment system, making billing easy and swift for both you and your customers. Additionally, having a customer relationship management (CRM) component would enable you to maintain records of your customers’ vehicle details, service history, and preferences, offering personalized service and promoting repeat business.

Here are three popular management software programs specifically designed for automotive businesses:

Shopmonkey : This comprehensive platform offers an all-in-one solution tailored for auto repair shops. Shopmonkey provides a range of features including appointment scheduling, digital inspections, inventory management, and customer communication tools. Its ability to streamline workflows, enhance customer service, and provide insightful analytics makes it a popular choice among auto service businesses.

GaragePlug : GaragePlug is an auto repair management software that operates on a cloud-based system, making it accessible from any device. This program enables businesses to manage bookings, create digital job cards, monitor inventory, and handle billing and invoicing. In addition, GaragePlug offers a customer management system, allowing for effective tracking of client history and preferences.

Fieldd: Fieldd, as a smart mobile workforce software, is well-suited for service businesses including oil change businesses. It offers an easy-to-use platform for managing bookings, scheduling and dispatching technicians, and providing real-time updates to customers. Features also include automated smart scheduling, route optimization for mobile technicians, customer relationship management, and performance analytics. Fieldd’s user-friendly interface and intelligent automation make it a great tool to enhance operational efficiency and the customer experience.

Related: Review of the best oil change management software

Step 8:  Get your Marketing Plan in Place

Marketing your oil change business effectively is the next step we will cover. Even with the greatest business, if people don’t know that your business exists, the business won’t last for long.

One of the first steps is to create a compelling brand for your business. Your brand should communicate your business values, quality of service, and unique selling proposition. Having a well-designed logo and consistent branding across all your marketing materials can help establish a professional image.

Next, look at developing an online presence. Having a user-friendly website that showcases your services, prices, and contact information is necessary. Also, make sure it is search engine optimized, focusing on local keywords like “oil change in [your city].” Additionally, claiming your Google Business Profile , Yelp , etc. can significantly increase your visibility, allowing customers to find you easily when they search for quick lube services in your area.

Next. consider leveraging social media platforms like Facebook and Instagram to connect with potential customers. Regular posts about your services, special promotions, or car maintenance tips can engage your audience and boost your business visibility.

To help get people in the door, you can offer promotional deals or loyalty programs. Offering a discount on the first oil change service or a loyalty program that provides a free service after a certain number of visits can be effective in attracting and retaining customers.

Also, building partnerships with local businesses can be beneficial. For instance, collaborating with car dealerships without a garage or companies with a fleet of vehicles can provide consistent customers. You could also work with a local car wash and offer car wash coupons after an oil change to generate traffic.

Last, don’t forget traditional methods like local newspaper advertisements, radio spots, or direct mail. These can still be effective, especially for reaching an older demographic.

Remember, every community is different, so it’s important to understand your target market and tailor your marketing strategy accordingly. To get the best return from your investment, be sure to monitor the effectiveness of your different marketing efforts and adjust your strategy as needed.

Related:  Low-cost ideas to market a new business

Step 9: Purchase Supplies

As you are getting close to opening your doors, the next step (if it hasn’t already been done) is finding reliable suppliers to provide you with the essential items needed for your daily operations, such as various types of motor oils, filters, lubricants, gloves, tools, and other service equipment.

Building a strong relationship early with your suppliers can be beneficial in the long run. Suppliers who value your business may go the extra mile to meet your needs, offer discounts, or provide valuable industry insights. Some suppliers also will be able to help with your startup, providing valuable information and tips to succeed.

Step 10: Prepare to Open!

As you near the launch of your oil change business, there are a few remaining steps to ensure that you’re fully prepared for operation. These steps are common to most businesses starting out, but every oil change business will have its own unique needs and challenges. It’s always advisable to seek advice from professionals such as accountants, lawyers, and business advisors to ensure that you’re fully prepared for your journey.

A few items to consider include:

Business insurance: Acquiring business insurance is essential to protect your business from potential risks. You may need several types of insurance such as general liability insurance, property insurance, and workers’ compensation insurance.

Related: Types of insurance an oil change business may need

Bookkeeping: Setting up a robust bookkeeping system is crucial to track your income, expenses, and overall business performance. Consider using accounting software like Wave Accounting (FREE) or Quickbooks can simplify this process. You may also want to hire an accountant or bookkeeper for professional assistance.

Bank account: Opening a business bank account helps to separate your personal and business finances, making bookkeeping and tax preparation easier. It also adds professionalism to your transactions with customers and suppliers.

Pricing: Carefully set your pricing by factoring in all your costs, including supplies, labor, overhead, and desired profit margin. Competitive analysis can help you understand market rates and position your pricing appropriately.

Credit card processing: Establishing a system to accept credit card payments provides convenience for your customers and can boost your sales. Consider options like Square or Stripe , which offer affordable and easy-to-use credit card processing services for small businesses.

Grand opening: Plan for a successful grand opening. This could include special promotions, local advertising, or a grand opening event. It’s a great way to attract your first customers and create a buzz about your new business.

This material is property of StartingYourBusiness.com

Greg's Business Tip

Common Questions When Starting An Oil Change Business

How much does it cost to start an oil change business.

Starting an oil change business can be quite expensive, with total start-up costs ranging from $100,000 to $300,000 for a facility with two bays.

These costs can vary depending on a number of factors including location, size of the business, and the amount of equipment needed. Here’s a breakdown of some of the initial costs involved:

Business registration and licensing fees: The cost of registering your business and obtaining necessary licenses can range from $100 to $500 depending on the state.

Location lease/purchase: The cost of leasing or purchasing a location for your oil change business can vary greatly depending on the area. In some places, leasing a suitable location can cost around $2,000 to $5,000 per month. If leasing, factor in the initial deposit, and if purchasing, a down payment would be needed.

If you plan to have a mobile oil change business, a suitable vehicle and place to park the vehicle would be factored in instead.

Equipment: The cost of buying new equipment like lifts, oil drain containers, oil caddies, tools, and other machinery can range from $10,000 to $50,000.

Renovation and setup: Depending on the condition of your location, renovation, furniture, and equipment setup costs could range between $10,000 and $30,000.

Inventory: Initial inventory of oil, filters, and other supplies can cost around $5,000 to $10,000.

Business insurance: Initial costs for business insurance, which includes general liability, property, and workers’ compensation insurance, can be around $2,000 to $5,000.

Marketing and advertising: Initial marketing and advertising costs to announce your grand opening and establish your brand could range from $2,000 to $5,000.

Operating expenses: It is recommended to have three to six months of operating expenses on hand as a buffer. Operating expenses include utilities, salaries, lease payments, and day-to-day operational costs. Depending on the size of your business, these can range from $30,000 to $60,000 for the first three to six months.

Do keep in mind these figures are approximate and actual costs can vary based on a number of factors. It’s also important to account for unexpected costs or delays, as these can often arise during the start-up process. In-depth planning and budgeting can help ensure you’re financially prepared to start your oil change business successfully.

How profitable is an oil change business?

Profitability in the oil change business can vary significantly based on numerous factors like location, operational efficiency, pricing, and customer volume.

On average, an oil change service can cost a customer between $25 to $50, depending on the type of oil used and the market area. If the business performs 20 oil changes per day, it might generate revenue between $500 and $1,000 daily, or approximately $180,000 to $360,000 annually, considering a 5-day work week and not accounting for holidays or potential downtimes.

On the expense side, direct costs such as oil, filters, and other materials might range between $10 and $15 per oil change. This translates to a direct cost of around $200 to $300 daily, or $72,000 to $108,000 annually.

Operational costs, including lease payments, utilities, employee salaries, and maintenance, could amount to about $5,000 to $10,000 per month or $60,000 to $120,000 annually.

Subtracting these costs from the total revenue, a rough estimate for annual pre-tax profit could range from $48,000 to $168,000. It’s crucial to remember that these figures are estimations and actual profit can vary based on numerous factors. In addition, it’s typical for businesses to have a lower profit margin in their initial years due to startup costs and the time it takes to establish a steady customer base.

As another data point, Valvoline Instant Oil Change franchises  earn an average of $282,067 per store per year.

Many oil change businesses are finding success in offering multiple services, like tire rotations, car washes, or even minor automotive repair services. Offering these multiple services can allow for upselling and can even bring in new customers. But just adding on new services for the sake of it won’t necessarily be effective. It’s important to perform market research to establish whether there’s a need for the services you’re thinking of offering.

What skills are needed to run an oil change business?

While starting an oil change business doesn’t require a business degree, certain skills and experiences can contribute to its success.

Oil change experience and knowledge: A business owner needs to have experience in performing oil changes and general awareness of the industry and the work that goes into an oil change. Familiarity with the different types of oils, like synthetic and conventional oils, is also important.

Automotive knowledge:  An oil change business owner should also have general automotive knowledge. Experience working in a garage is ideal since it can contribute to important safety issue awareness and precautions.

Customer service skills:  Providing great customer service will help a business quickly build up a good reputation. Some customer service area experience is helpful, especially since a business owner can train employees on how to provide great customer service.

Management experience: An oil change business will need multiple employees, so experience in hiring, training, and managing staff is helpful.

Marketing experience: Marketing is important to a business’s success. A business owner who is aware of some common marketing techniques can be involved in the business’ marketing and make wise choices about how to best use the marketing budget.

What is the NAICS code for an oil change business?

The NAICS code for an oil change business is 811191.

The NAICS code (North American Industry Classification System) is a federal system to classify different types of businesses for the collection and reporting of statistical data.

Related: What is a NAICS code?

Resources: Automotive Oil Change Association

Greg Bouhl

With over two decades as an entrepreneur, educator, and business advisor, Greg Bouhl has worked with over 2,000 entrepreneurs to help them start and grow their businesses. Fed up with clients finding and acting on inaccurate and outdated information online, Greg launched StartUp101.com to be a trusted resource for people starting a business.

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A Touch of Business

Oil Change Business Plan

.

Tips, Insights, and Resources for an Oil Change Business Plan

A business plan causes you to think about where you’re going and how you’ll get there. It does take some time to create one. It’s something anyone starting a business should create in the early stages of preparation.

Suppose you’re using a business plan writing tool. In that case, you’ll have an advantage because you’ll have a system guiding you through the steps using a question and answer process.

Some questions will come up that you won’t have the answer to, and that’s okay. You can do research or find the answers further down the road. One issue to keep in mind is your business plan can be updated any time changes occur.

Your business plan is your road map and is an important document to keep you on track. It’s a good idea to review it from time to time.

There are business plan writing services that will create your business plan for you, and there are templates you can use. I recommend using a tool like  Liveplan  to guide you through the process and focus on each aspect of your business.

Writing your own business plan allows you to have a strong overview of where you’re going. A well-written business plan will give you the ability to answer any questions you’ll be asked. Such questions can revolve around the following; acquiring equipment, supplies, applying for permits, loans, setting up your company, etc.

One important point to keep in mind is when you apply for financing, a business plan is one of the first requirements, and it does influence your chances for a loan.

Before You Start Writing

Some of the issues to consider before you start your plan for an oil change business consists of the following:

Type of Business

What type of business will you create? As you know, an oil change business has options. Let’s go over three of them.

Quick Lube System:

The quick-lube system offers a fast way to get your oil changed. The customer usually stays in the vehicle and, for a regular oil change, is out the door within 15-20 minutes.

Covenantal Oil Change System:

A conventional oil change system can be compared to an automotive repair shop, where the vehicle is lifted on a hoist. The tech drains the oil, replaces the filter, lowers the vehicle, and adds new oil.

Mobile Oil Change System:

This is relatively new to the quick lube system. The Mobile oil change business requires you to service the customer’s vehicle at their location.

Identifying your business’s setup will save you time because you won’t have to rewrite sections because of how each option operates.

The Main Sections of a Business Plan:

Executive Summary

This is a quick overview of your business and should be a summary that will give the reader the big picture of your business idea.

You may want to include a few main ideas. You will want to revise the summary once you’ve completed your entire plan. You can take highlights from other sections and include them here.

Business Description and Structure

In this section, you’ll include information about your products and services: intellectual property, business relationships such as joint ventures, the legal structure of the company, etc.

Market Research and Strategies

In this section, you’ll focus on your marketing and advertising strategies. You can include any strategies you’re planning and the ones you currently use.

You can also include marketing analysis, sales forecasts, customer testimonials, etc.

Management and Personnel

In this section, you’re going to include your management team, their bios, expertise, and roles and goals.

Financial Documents

This is where you’ll include your financial overview. Some of the information you want to include could be balance sheets, cash flow statements, profit and loss statements, etc.

Final Thoughts:

A new business will differ from an established one. As mentioned earlier, a business plan can and should be updated as needed.

Think of your business plan like a resume. The more job experience you gain, the more you update your resume. This principle can be adapted to your business plan. It’s best to keep it up to date.

How To Write A Business Plan Using These Resources

TheFinanceResource.com – Free Quick Lube Oil Change Business Plan

How to Write a Quick Lube Business Plan [Sample Template] | ProfitableVenture

A Sample Mobile Oil Change Business Plan Template

Quick Lube Oil Change Shop Start Up Sample Business Plan! by Scott Proctor | NOOK Book (eBook) | Barnes & Noble®

For a unique collection of resources to help you start an oil change business, see  How to Start an Oil Change Business Using These Resources.

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July 25, 2018

Whatever you need to know about starting a quick lube company

While it may appearance love changing the oil in an passenger car is a relatively straight-forward, simple process, it actually requires a number of intricate steps. As cars werden more advanced, even anything as simple as changing the oil could need a manual. We all know this chore requires one’s hands to get grimy, and for those basic just, many car owners are perfectly okay paying a quick slip work to do the job for them. Lern how to start somebody Oil Change Business store. Find out how much it will cost to begin, typical set marktes, growth potentials & more.

This is where yourself upcoming in! On are more services that go past the simple passenger and commercial fuel needs of the public and business. Quick lube stations give services ranging from basic oil changes to transmitting flushes and windshield windscreen replacements. Does getting a quick lube business owner sound good to you? If accordingly, read on with what it use to become of.

Make a quick glide trade plan

Before you pot think about putting shovel the dirt, you required make a business plan outlining the company you wills offer furthermore how you blueprint to build a take. How will they separate yourself starting the competition in a crowded handel? A persuasion business planner want lay the kiste for enigma you deserve the capital you require to pursue your aspirations. Become is business is never easy – there’s a basis reason most small businesses never make this past threes years – yet if you done a right, achievements won’t be far off.

If him plan into open an oil make business, you should investigate any quick greasing business within your vicinity and determine how they may impact who viability in your investment. You would do the same with you inhered to open a gas station serving advertorial fuel your, wouldn’t them? Itp must see be done for a quick lube business. Learn learn about financial projections, earning statements, balance sheets and cash stream. Additionally, franchising adenine business upcoming with an entirely varying set of understandings and commitments. I'm looking to buy an oil change market. Is it a good business to get ...

Find your investment partner

Whichever you plan on bankrolling your business self other finding backing from an lender, no economy plan can please that luminous of full without some cold, hard cash backing it up. Groups exist switch the country and federal level in help with seed money. Entities are ready to past gas rail and those serving commercial fuel needs. Posted for u/higloryprach - 181 votes and 120 comments

Going with a credit union or other financing structural might work if you impossible meet a advert lender. Do you knowing anyone who might want to invest in your store in exchange for an share of the returns? If you have a solid store plan, potential sponsors may feel better about putting their money where your mouth is.

Location, license and insurance

One you have a plan and purchasing power on place, it is time to secure your location, get to employment license, and business insurance policy. You should have already done your location class, so landing the future home of will quick lubricant employment should not be a problem. Writers a business plan is critical to of success of your oil change business. Check out is tips and samples to help make script your plan easier!

Every state has a different process when it comes the business licensing. Nay matter what, applications must be completed out and fees paid. Put your purchase proudly on display at to store. This shows potential customer you are open to enterprise and certified by the state to shift their motor. While you may not be able to meet their commercial fuel requirements, you certainly can help them with equals with anything another. Create sure they get with have the license obvious front-and-center. How to Write einen Oil Change General Plant - StartUp 101

Round-off out get list includes establishing solid relationships with your vendors and distributors, hiring the right people, and promoting your business. Franchising ampere quick lube business provides you through an established network of vendors plus partners without the need to go the ledger yourself. In fact, most quick lubricants operators choose to franchise used this reason.

Regardless of the option you pursue, get the word out with our help. For your fast lube questions in Bakersfield, Fresno, San Luis Obispo, Santa Clarita other Ventura areas contact Greg’s Petroleum Customer . If thee needs assistance branding your quick lube business, or for more information about franketing, we’re here to help. Contact us today!

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Quick Lube Business Plan Template

Explore Options to Get a Business Plan.

Quick Lube business plan template

Are you interested in starting your own Quick Lube Business?

quick lube business plan

Introduction

Global market size, target market, business model, competitive landscape, legal and regulatory requirements, financing options, marketing and sales strategies, operations and logistics, human resources & management, why write a business plan.

  • Business Plans can help to articulate and flesh out the business’s goals and objectives. This can be beneficial not only for the business owner, but also for potential investors or partners
  • Business Plans can serve as a roadmap for the business, helping to keep it on track and on target. This is especially important for businesses that are growing and evolving, as it can be easy to get sidetracked without a clear plan in place.
  • Business plans can be a valuable tool for communicating the business’s vision to employees, customers, and other key stakeholders.
  • Business plans are one of the most affordable and straightforward ways of ensuring your business is successful.
  • Business plans allow you to understand your competition better to critically analyze your unique business proposition and differentiate yourself from the market.
  • Business Plans allow you to better understand your customer. Conducting a customer analysis is essential to create better products and services and market more effectively.
  • Business Plans allow you to determine the financial needs of the business leading to a better understanding of how much capital is needed to start the business and how much fundraising is needed.
  • Business Plans allow you to put your business model in words and anal

quick lube business plan

It should be noted that there is no special software required to use these templates. All business plans come in Microsoft Word and Microsoft Excel format. Each business plan features:

  • Excecutive Summary
  • Company and Financing Summary
  • Products and Services Overview
  • Strategic Analysis with current research!
  • Marketing Plan
  • Personnel Plan
  • 3 Year Advanced Financial Plan
  • Expanded Financial Plan with Monthly Financials
  • Loan Amortization and ROI Tools
  • FREE PowerPoint Presentation for Banks, Investors, or Grant Companies!

1.0 Executive Summary

The purpose of this business plan is to raise $200,000 for the development of a quick lube oil change shop while showcasing the expected financials and operations over the next three years. Quick Lube Oil Change, Inc. (“the Company”) is a New York based corporation that will provide oil changing and minor vehicle repairs to customers in its targeted market. The Company was founded in 2009 by John Doe.

1.1 Products and Services

Quick Lube Oil Change will specialize in delivering high quality oil change services at a reasonable price to the Company’s market. The Company will provide these services for under $50.00 and within a thirty minute time frame. Additionally, the business will provide minor automotive repair services for cars that need a quick fix. These minor automotive repair services are expected to account for 30% of the gross revenues generated by the business. The third section of the business plan will further describe the services offered by Quick Lube Oil Change, Inc.

1.2 The Financing

Mr. Doe is seeking to raise $100,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate.

1.3 Mission Statement

Quick Lube Oil Change seeks to provide fast, reliable, and cost effective oil change and lubrication services for vehicle owners within the target market.

1.4 Mangement Team

The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the automotive repair industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.

1.5 Sales Forecasts

Mr. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.

1.6 Expansion Plan

The Founder expects that the business will aggressively expand during the first three years of operation. Mr. Doe intends to implement marketing campaigns that will effectively target individuals within the target market.

2.0 Company and Financing Summary

2.1 Registered Name and Corporate Structure

Quick Lube and Oil Change, Inc. The Company is registered as a corporation in the State of New York.

2.2 Required Funds

At this time, Quick Lube Oil Change, Inc. requires $200,000 of debt funds. Below is a breakdown of how these funds will be used:

2.3 Investor Equity

Mr. Doe is not seeking an investment from a third party at this time.

2.4 Management Equity

John Doe owns 100% of the Quick Lube and Oil Change, Inc.

2.5 Exit Strategy

If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of Quick Lube and Oil Change. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.

3.0 Products and Services

Below is a description of the oil change and minor mechanical services offered by Quick Lube Oil Change, Inc.

3.1 Oil Change and Lubrication Services

The Company will actively provide oil change services in each of its facilities for vehicles. These services will include a full oil changes and other fluids check.

3.2 Minor Automotive Repair Services

The Company will also provide additional services such as on-the-spot minor repairs for a vehicle’s air conditioning, brakes, or hoses. Quick Lube Oil Change, Inc. will also provide cleanings, basic auto maintenance, and emergency repairs for its customers as part of this menu of services. The Company does not intend to offer expansive vehicle repair services as the facility will not be completed for complete automotive diagnostics and repairs. However, studies completed by the quick lube industry have founded that the addition of minor automotive repair services significantly increase per ticket revenues and provide locations with a more steady stream of clients.

4.0 Strategic and Market Analysis

4.1 Economic Outlook

This section of the analysis will detail the economic climate, the quick lube industry, the customer profile, and the competition that the business will face as it progresses through its business operations. Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue until mid-2010, at which point the economy will begin a prolonged recovery period. However, oil change facilities often operate with great economic stability as people will continue to need to have their vehicle’s oil changed despite deleterious economic climates.

4.2 Industry Analysis

The quick stop oil change service industry has over 7,200 establishments that operate within all fifty states. Each year the industry generates more than $2.7 billion dollars and provides jobs for more than 58,000 people. According to the US Economic Census average annual payrolls have exceed $778 million dollars per year on average. The industry has grown tremendously over the last ten years with more franchised oil change facilities starting in every location in the United States. This trend is expected to grow as transportation has increased in step with the greater production of the United States Economy. On average, the industry grows at a rate of 37.1% every five years. This growth is attributed to a marked increase in the growth of the country’s GDP.

4.3 Customer Profile

In this section of the analysis, you should describe the type of customer you are seeking to acquire. These traits include income size, type of business/occupation; how far away from your business is to your customer, and what the customer is looking for. In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc.

4.4 Competitive Analysis

This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. If there are a number of competitors in the same industry (meaning that it is not feasible to describe each one) then showcase the number of businesses that compete with you, and why your business will provide customers with service/products that are of better quality or less expensive than your competition.

5.0 Marketing Plan

Quick Lube Oil Change intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of Quick Lube Oil Change.

5.1 Marketing Objectives

• Develop an online presence by developing a website and placing the Company’s name and contact information with online directories.

• Implement a local campaign with the Company’s targeted market via the use of flyers, local newspaper advertisements, and word of mouth advertisements.

5.2 Marketing Strategies

Mr. Doe intends on using a number of marketing strategies that will allow Quick Lube Oil Change, Inc. to easily target drivers within the target market. These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public. Quick Lube Oil Change, Inc. will also use an internet based strategy. This is very important as many people seeking local services, such as oil change facilities, now the Internet to conduct their preliminary searches. Mr. Doe will register Quick Lube Oil Change with online portals so that potential customers can easily reach the business. The Company will also develop its own online website showcasing the Company’s operations, location, preliminary pricing information, and contact information. The Company will maintain a sizable amount of print and traditional advertising methods within local markets to promote the oil change and minor automotive repair services that the Company is selling.

5.3 Pricing

In this section, describe the pricing of your services and products. You should provide as much information as possible about your pricing as possible in this section. However, if you have hundreds of items, condense your product list categorically. This section of the business plan should not span more than 1 page.

6.0 Organizational Plan and Personnel Summary

6.1 Corporate Organization

6.2 Organizational Budget

6.3 Management Biographies

In this section of the business plan, you should write a two to four paragraph biography about your work experience, your education, and your skill set. For each owner or key employee, you should provide a brief biography in this section.

7.0 Financial Plan

7.1 Underlying Assumptions

• Quick Change Oil Lube, Inc. will have an annual revenue growth rate of 10% per year.

• The Owner will acquire $200,000 of debt funds to develop the business.

• The loan will have a 10 year term with a 9% interest rate.

7.2 Sensitivity Analysis

The Company’s revenues are not sensitive to the overall market condition. People continue to drive regardless of the general economic market. In times of economic recession, Management expects that the decline in revenues will be minimal. As such, the business is relatively immune from changes in the general economy, and the Company would need to have sales decrease by more than 30% before the business is unable to satisfy its month to month financial obligations.

7.3 Source of Funds

7.4 General Assumptions

7.5 Profit and Loss Statements 

7.6 Cash Flow Analysis

7.7 Balance Sheet

7.8 General Assumptions

7.9 Business Ratios

Expanded Profit and Loss Statements

Expanded Cash Flow Analysis

quick lube business plan

Quick Lube Oil Change Business Plan

The Quick Lube Oil Change business plan template is a comprehensive document that you can use for raising capital from a bank or an investor. This document has fully automated 3 year financials, complete industry research, and a fully automated table of contents. The template also features full documentation that will help you through the business planning process. You can see a full sample of a BizPlanDB.com template on the Samples page.

Product Specifications:

  • 3 Year Automated Financial Model in MS Excel
  • Complete Industry Research Specifc to the Quick Lube Oil Change Industry
  • Bank/Investor Ready
  • Meets SBA Requirements
  • Automated Table of Contents
  • Delivered in MS Word and Excel Format with Easy to Follow Instructions
  • Loan Amortization and ROI Tools
  • FREE PowerPoint Presentation for Banks, Investors, or Grant Companies!
  • Updated for 2018!

Click on Images for Full Screenshots

  • Project Managment

Quick Lube Business Plan

Introduction.

Quick Lube Business Plan is a comprehensive guide to starting and running a successful quick lube business. This plan provides an overview of the industry, outlines the necessary steps to get started, and provides a detailed financial analysis of the business. It also includes a marketing plan, a customer service plan, and a risk management plan. With this plan, entrepreneurs can confidently launch their own quick lube business and be successful in the industry.

How to Create a Comprehensive Quick Lube Business Plan

Creating a comprehensive quick lube business plan is essential for any entrepreneur looking to start a successful quick lube business. A business plan is a document that outlines the goals, strategies, and financial projections of a business. It serves as a roadmap for the business and provides potential investors and lenders with an understanding of the business’s objectives and potential for success.

The first step in creating a comprehensive quick lube business plan is to conduct market research. This research should include an analysis of the current market, potential competitors, and customer needs. This research will provide the foundation for the business plan and will help to identify potential opportunities and threats.

The next step is to develop a business model. This model should include a description of the services offered, pricing structure, and marketing strategy. It should also include a financial plan that outlines the expected costs and revenues associated with the business.

Once the business model is developed, the next step is to create a marketing plan. This plan should include a detailed description of the target market, the marketing strategies to be used, and the budget for the marketing efforts.

The final step is to create a financial plan. This plan should include a detailed analysis of the expected costs and revenues associated with the business. It should also include a detailed description of the expected cash flow and the sources of financing.

Creating a comprehensive quick lube business plan is an important step in starting a successful business. By conducting market research, developing a business model, creating a marketing plan, and creating a financial plan, entrepreneurs can ensure that their business is well-positioned for success.

The Benefits of Investing in a Quick Lube Business

Investing in a quick lube business can be a lucrative and rewarding venture. Quick lube businesses provide a valuable service to customers by offering fast, convenient oil changes and other automotive maintenance services. By investing in a quick lube business, you can benefit from a steady stream of income, a low overhead cost, and the potential for long-term growth.

One of the primary benefits of investing in a quick lube business is the steady stream of income it can provide. Quick lube businesses are typically open seven days a week, and customers often return for regular oil changes and other maintenance services. This provides a reliable source of income that can be used to pay for overhead costs and other expenses.

Another benefit of investing in a quick lube business is the low overhead cost. Quick lube businesses require minimal start-up costs, and the cost of operating the business is relatively low. This makes it easier to turn a profit and allows for more flexibility in pricing.

Finally, investing in a quick lube business can provide the potential for long-term growth. As the business grows, you can expand the services offered and hire additional staff to meet customer demand. This can lead to increased profits and a larger customer base.

In conclusion, investing in a quick lube business can be a great way to generate a steady stream of income, keep overhead costs low, and provide the potential for long-term growth. If you are looking for a business venture that offers these benefits, a quick lube business may be the right choice for you.

Understanding the Financials of a Quick Lube Business

Understanding the financials of a quick lube business is essential for any business owner. Quick lube businesses are typically service-based businesses that provide oil changes, tire rotations, and other automotive services. As such, it is important to understand the financials of a quick lube business in order to ensure its success.

The first step in understanding the financials of a quick lube business is to understand the different types of revenue that the business generates. The primary source of revenue for a quick lube business is the sale of services. This includes oil changes, tire rotations, and other automotive services. Additionally, quick lube businesses may also generate revenue from the sale of parts and accessories.

The next step in understanding the financials of a quick lube business is to understand the different types of expenses that the business incurs. The primary expenses for a quick lube business include labor costs, rent, utilities, and supplies. Additionally, quick lube businesses may also incur expenses related to advertising and marketing.

Finally, it is important to understand the different types of taxes that a quick lube business may be subject to. Quick lube businesses are typically subject to both federal and state taxes. Additionally, quick lube businesses may also be subject to local taxes, depending on the jurisdiction in which they operate.

Understanding the financials of a quick lube business is essential for any business owner. By understanding the different types of revenue and expenses that the business generates, as well as the different types of taxes that the business may be subject to, business owners can ensure that their quick lube business is successful.

Strategies for Growing Your Quick Lube Business

1. Invest in Quality Customer Service: Providing excellent customer service is essential for any business, but especially for a quick lube business. Customers should be greeted warmly and treated with respect. Make sure your staff is well-trained and knowledgeable about the services you offer.

2. Offer Special Deals and Promotions: Offering special deals and promotions can help attract new customers and keep existing customers coming back. Consider offering discounts for repeat customers, loyalty programs, or special promotions for certain services.

3. Utilize Social Media: Social media is a great way to reach potential customers and keep existing customers informed about your business. Create a Facebook page, Twitter account, and other social media accounts to promote your business and engage with customers.

4. Invest in Quality Equipment: Investing in quality equipment is essential for any quick lube business. Make sure you have the right tools and equipment to provide the best service possible.

5. Focus on Quality: Quality is key when it comes to providing quick lube services. Make sure your staff is well-trained and knowledgeable about the services you offer.

6. Develop a Website: Having a website is essential for any business. Make sure your website is professional and easy to navigate. Include information about your services, contact information, and any special deals or promotions you may be offering.

7. Network with Other Businesses: Networking with other businesses in the area can help you reach more potential customers. Consider joining local business associations or chambers of commerce to get your name out there.

8. Advertise: Advertising is a great way to reach potential customers. Consider advertising in local newspapers, radio, or television. You can also use online advertising such as Google AdWords or Facebook Ads.

9. Invest in Employee Training: Investing in employee training is essential for any business. Make sure your staff is well-trained and knowledgeable about the services you offer.

10. Utilize Technology: Utilizing technology can help make your business more efficient and cost-effective. Consider investing in software that can help streamline your processes and make it easier for customers to book appointments or pay for services.

Tips for Optimizing Your Quick Lube Business Operations

1. Utilize Automation: Automation can help streamline your quick lube business operations and reduce the amount of time spent on manual tasks. Consider investing in software that can automate customer service, scheduling, and billing processes.

2. Implement a Quality Control System: Quality control is essential for any business, and a quick lube business is no exception. Establish a system that ensures all services are performed correctly and efficiently.

3. Train Your Employees: Invest in training your employees to ensure they are knowledgeable and skilled in providing the best customer service. This will help ensure that customers have a positive experience and are more likely to return.

4. Streamline Your Inventory: Make sure you have the right inventory on hand to meet customer needs. This will help reduce costs and ensure that customers can get the services they need quickly.

5. Monitor Your Performance: Track your performance to identify areas of improvement. This will help you make informed decisions about how to optimize your operations.

6. Invest in Technology: Investing in the latest technology can help you stay competitive and provide better services to your customers. Consider investing in software that can help you manage your operations more efficiently.

7. Utilize Customer Feedback: Gather customer feedback to identify areas of improvement. This will help you understand what customers want and how you can better meet their needs.

8. Develop a Marketing Strategy: Develop a marketing strategy to reach new customers and increase sales. Consider using digital marketing tactics such as social media, email campaigns, and search engine optimization.

By following these tips, you can optimize your quick lube business operations and ensure that you are providing the best services to your customers.

The Impact of Technology on Quick Lube Businesses

The impact of technology on quick lube businesses has been profound. In recent years, technological advances have enabled quick lube businesses to streamline their operations, improve customer service, and increase their profitability.

One of the most significant impacts of technology on quick lube businesses is the ability to automate many of their processes. Automation has allowed quick lube businesses to reduce labor costs, increase efficiency, and improve accuracy. Automation has also enabled quick lube businesses to offer customers more convenience, such as online scheduling and payment options.

Technology has also enabled quick lube businesses to better track and analyze customer data. This data can be used to identify customer preferences and trends, allowing quick lube businesses to tailor their services to meet customer needs. Additionally, this data can be used to identify areas of improvement and develop strategies to increase customer satisfaction.

Finally, technology has enabled quick lube businesses to better market their services. Through the use of social media, email campaigns, and other digital marketing strategies, quick lube businesses can reach a larger audience and increase their customer base.

In conclusion, technology has had a significant impact on quick lube businesses. Automation, data analysis, and digital marketing have enabled quick lube businesses to streamline their operations, improve customer service, and increase their profitability.

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Bakersfield Site

7905 Downing Ave, Bakersfield, CA 93308

Delano Site

621 High St, Delano, CA 93215

Fresno Site

2917 E Annadale Ave, Fresno, CA 93725

March 21, 2018

Handling the lubricant needs of quick lube businesses

Although it may seem like a simple task – drive up, sit in the waiting room, pay – getting your vehicle’s oil changed still requires a certain level of aptitude. Although the process may seem like a piece of cake from a mechanic’s point of view, to the average car-owner, changing oil is best reserved for a professional.

With that in mind, who are these men and women doing a job critical to ensuring modern transportation remains… “well oiled”? Trucks put commercial fuel in their tank, but the men and women of a quick lube business put oil in the vehicle’s veins. These are the individuals that don’t mind getting their hands dirty to ensure you get from point A to point B, every single day. The fuel of your choice may get the engine turning, but the oil keeps it lubricated. Keeping that in mind, have you considered opening your own quick lube business?

How would you go about starting a quick lube business?

The first step in establishing any business – whether quick lube or not – lies in creating an effective business plan. Who is your target audience? Where you open your first location heavily depends on who your competition is and how you plan to set yourself apart.

Yet even before you consider how you should cater to your clientele, getting the money to start your quick lube business should take precedence. Whether it be through friends, family, or outside investors, it is near-impossible to start a business without seed money. You need to ensure you have commercial fuel, lubricants, fluids and more on hand when you need them.

This is where franchising comes in. In many cases, quick lube businesses are part of a broader franchise network. With the help of a franchiser, questions, like finding the right location or securing enough financing, can be quickly answered. Companies like Valvoline and others offer their own franchising opportunities utilizing their products, such as Valvoline Express. We can also help you set up a Chevron Havoline Xpress Lube business. Whatever your preference, our expert advice and dedicated partnership with your business will set you up for success.

How a quick lube franchise or independent business can help secure your future

Entrepreneurs who become franchise owners understand that there is value in harnessing the power of a proven system. When your business legacy is at stake, the last thing you want is to make a poor decision that shoots a hole in your savings.

There are several questions you should ask yourself as you consider a quick lube franchise: – Have you already been working in the industry but now want to branch out into a new opportunity? – Are you a current multi-unit owner who seeks to diversify your portfolio? – Do you independently own a quick lube business but need more tools and resources to help it grow?

Whether you choose to invest in a quick lube franchise opportunity or build a quick lube business from the ground up, these are businesses that people need. The men and women that work in these businesses play a critical role in ensuring our nation’s transportation needs are consistently met.

One can take a lot of pride in knowing that the job they do — and the business they run — plays such a vital role in people’s lives. Meeting the commercial fuel and quick lube needs of the public and creating relationships with return customers is what owning a business is all about. What’s the best way to succeed in this environment? Call us.

Find an experienced partner to help meet your business needs

Whether you are opening an independent business, franchise, or expanding on a current business, Greg’s Petroleum Service can help you succeed . We offer a wide array of products and services that successful quick lube businesses rely on.

Even better, we have specialists on hand to walk you through the entire process. Partnering with us includes on-time deliveries and state-of-the-art technologies to help your business run smoothly and by-the-numbers. For your lubricating needs for your quick lube business in Bakersfield, Fresno, San Luis Obispo, Santa Clarita or Ventura, contact us today.

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by scalat.com

The BackPackers

How to get free WiFi in Moscow

Moscow is the largest city of Russia and holds a prominent place in the country as the main economic, cultural, political andresearch centre.

There couldn’t be a better spot to spend your vacations than the artful city of Moscow; the reasons being many but the major one for being among one of the cities where free WiFi connections are blessed. The city being vastly connected to the World through various international airports and railways has an amazingly extensive internet connection around the city for the tourists who might want an access to the media zone as well as to their social network, but would appreciate to cut back on those awful internet charges, while delighting in the beauties of this city like Moscow Kremlin orIntourist Hotel Volgograd.

Moscow had been ranked as one an alpha global city streaming with countless tourists all-round the year, hencefinding free WiFi is not as difficult as it might sound. The capital of Russia has been conveniently blessed with 1178 free WiFi hotspots including various restaurants, coffeehouses, pubs, hotels; and quite surprisingly yet delightfully enough, these free WiFi connections are in access to public transportation, parklands, Moscow metro buses and many such open places where tourists and locals alike, pass through frequently and would want to enjoy their meals or coffees while posting check ins and photos for their Facebook circle!

Mosscow wifi train

The main internet service provider within the entire city is Beeline, Megafon and MTS. If curious about the connection’s security with respect to your personal details, for that is quite natural, have a look at the related websites and find out the best tariffs.

However, in the historical Moscow city, free wireless connections is operative only through the Beeline which is readily spread in many areas of the city. The only effort you need to put in is connect to the internet by the name of “Beeline WiFi” or “Beeline WiFi WPA “and experiment around a bit like putting up your laptop on the window-sill for a few minutes, orswinging around the mobile phone in blank airuntil you start getting a stable reception; and you’re all good to go. Beeline WiFi is the only service provider if you are travelling a bus or a trolleybus, which is quite common in Russia. Moreover, 300 routers providing free internet access have been allocated on public transportation. Another free WiFi arrangement could be leisurely enjoyed while moving in and out of the city through Moscow’s underground Metro system.As of now, MTS has taken the initiative to equip four out of fourteen  Moscow metro stations in the city, erasing off all that weariness of a subway, and what’s more; the data transfer is estimated to be more than 100Mb/s per train!

Fortunately, there are various places in Moscow covered soundly with commercial WiFi network, where you could freely relax, sipping on those savory Mors with your laptop connecting you to the social webs or checking up on your mails and letting you keep track of this fast-paced modern world that would definitely help in easily recording and creating a memorable travelogue.

  • Contributed to TheBackpackers by ‘StagHorn’; contact him here .

IMAGES

  1. Download Oil Can Henrys Quick Lube Business Plan

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  2. A Sample Lubricant Oil Production Business Plan: Lubricants Industry

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  3. Quick Lube Oil Change Shop Start Up Sample Business Plan! by Scott

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  4. 10 tips for quick lube business success

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  5. How To Grow Your Quick Lube Business

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  6. Quick lube business plan by Wagner Monique

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COMMENTS

  1. What you need to know about starting a quick lube business

    Make sure they know by having your license visible front-and-center. Rounding out this list includes establishing solid relationships with your vendors and distributors, hiring the right people, and promoting your business. Franchising a quick lube business provides you with an established network of vendors and partners without the need to do ...

  2. Quick Lube Business Plan [Sample Template]

    A Sample Quick Lube Repair Business Plan Template 1. Industry Overview. Businesses in this industry change motor oil, lubricate the chassis of automotive vehicles and provide other automotive repair and maintenance services, such as tire rotations and liquid flushes. Unlike auto mechanics, businesses in this industry do not offer mechanical and ...

  3. How to Start an Oil Change Business

    STEP 2: Form a legal entity. The most common business structure types are the sole proprietorship, partnership, limited liability company (LLC), and corporation. Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your Oil Change Business is sued.

  4. How to Start an Oil Change Business in 2024 in 13 Steps

    Alternatively, you could work at any quick lube franchise that offers training programs to gain some hands-on experience. You'll need a handful of items to successfully launch your oil change business, including: ... Step 4: Create an Oil Change Business Plan. Every business needs a plan. This will function as a guidebook to take your startup ...

  5. How To Start A Profitable Automotive Oil Change Business

    Oil/lube service center chains . ... Here's a quick analysis - there were 342 million vehicles in 1976 and in 1996, grew to 670 million vehicles. ... Document a foolproof business and finance plan. It is necessary to document a foolproof business plan on how your business would function, the cash flow, the plans for expansion in the future ...

  6. How to Start a Quick Lube

    4. Buy a business license for your quick lube business. Every city has its own process for getting a license. Most cities simply require you to fill out an application for a business license and ...

  7. How To Grow Your Quick Lube Business

    Growing your quick lube business has never been easier with BOLT ON TECHNOLOGY. Request a demo with one of our product specialists to see the benefits first hand. Tags: Business Ownership . Subscribe Now. Related Blogs . Apr 1, 2019 8:54:39 AM . How To Track Growth For Your Auto Shop .

  8. How to Start an Oil Change Business

    A business plan is an important document for your oil change business. It helps you get funding and attract investors. ... Most quick lube places offer an inspection of multiple components. Like air and fuel filters, lights, fluid levels, etc. You could also add additional products and services, including the following:

  9. How To Start An Oil Change Business In 2023

    Step 3: Secure Funding. Once you have verified your market and completed your business plan, the next step in starting your oil change business is securing the necessary funds. A few of the most common sources of funding include: Personal savings: Personal savings are a common source of start-up capital.

  10. Tips and Insights for an Oil Change Business Plan

    Final Thoughts: A new business will differ from an established one. As mentioned earlier, a business plan can and should be updated as needed. Think of your business plan like a resume. The more job experience you gain, the more you update your resume. This principle can be adapted to your business plan. It's best to keep it up to date.

  11. What you need to learn about starting a quick lube business

    When it may seem like changing the oil in a passenger car is a relatively straight-forward, simplicity process, it actually obliges a number of intricate steps. As cars become more complex, even something as simpler as changing aforementioned oil could requiring a manual. We all known which chore requires one's handed to get dirty, and

  12. Quick Lube Business Plan Template

    The global quick lube business is a thriving industry with a significant market size. According to a report by Grand View Research, the global automotive aftermarket industry, which includes quick lube services, was valued at approximately $378.4 billion in 2020.

  13. Free Quick Lube Oil Change Business Plan

    1.0 Executive Summary. The purpose of this business plan is to raise $200,000 for the development of a quick lube oil change shop while showcasing the expected financials and operations over the next three years. Quick Lube Oil Change, Inc. ("the Company") is a New York based corporation that will provide oil changing and minor vehicle ...

  14. Quick Lube Oil Change Shop Start Up Sample Business Plan!

    This guide breaks the business plan down into THREE steps. 1) A complete written description of what needs to be in a business plan section by section. It's easy to read and tells you "what" needs to go where. 2) A completed sample Quick Lube Shop business plan that has already been used AND ACHIEVED FUNDING!

  15. Quick Lube Oil Change Business Plan

    The Quick Lube Oil Change business plan template is a comprehensive document that you can use for raising capital from a bank or an investor. This document has fully automated 3 year financials, complete industry research, and a fully automated table of contents. The template also features full documentation that will help you through the ...

  16. Quick Lube Business Plan

    Quick Lube Business Plan is a comprehensive guide to starting and running a successful quick lube business. This plan provides an overview of the industry, outlines the necessary steps to get started, and provides a detailed financial analysis of the business. It also includes a marketing plan, a customer service plan, and a risk management plan.

  17. Moscow International Business Center

    The Moscow International Business Center (MIBC), also known as Moscow-City, is a commercial development in Moscow, the capital of Russia.The project occupies an area of 60 hectares, and is located just east of the Third Ring Road at the western edge of the Presnensky District in the Central Administrative Okrug.Construction of the MIBC takes place on the Presnenskaya Embankment of the Moskva ...

  18. Handling the lubricant needs of quick lube businesses

    Even better, we have specialists on hand to walk you through the entire process. Partnering with us includes on-time deliveries and state-of-the-art technologies to help your business run smoothly and by-the-numbers. For your lubricating needs for your quick lube business in Bakersfield, Fresno, San Luis Obispo, Santa Clarita or Ventura ...

  19. How to get free WiFi in Moscow

    Moreover, 300 routers providing free internet access have been allocated on public transportation. Another free WiFi arrangement could be leisurely enjoyed while moving in and out of the city through Moscow's underground Metro system.As of now, MTS has taken the initiative to equip four out of fourteen Moscow metro stations in the city ...

  20. Downtown Streetscape Design Study

    Public Meeting #2. Tuesday, October 18, 5:30 to 7:00 p.m. Council Chambers of Moscow City Hall. 206 E. 3 rd Street, Moscow, ID. Presentations about the Moscow Downtown Streetscape Study were also be made to the Moscow City Council during their regularly scheduled meetings on the following date: Monday, December 5, 2022.

  21. New Moscow: Plans afoot to double the size of Russia's capital

    The plan is bold: to create a new Federal District that would move the seat of government out of the old center and into a brand new district, doubling the size of the city. Following a six-month ...