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Costa Oil - 10 Minute Oil Change - Franchise

Costa Oil™ has developed a quick lube franchise concept that requires less initial capital, has less overhead in the form of rent and staffing, and is more suited for today's quick lube environment. Our efficient modular unit reduces start-up costs and gets you into the profitable oil change business fast!

Requirements

Financial requirements for this franchise:

Liquid Capital: $60,000
What does Liquid Capital mean?
Net Worth: $150,000
What does Net Worth mean?
Franchise Fee: $54,900
What does Franchise Fee mean?
Total Investment: $131,750 - $321,900
What does Total Investment mean?
Royalty Fee: 6.5% of gross revenue

Options

Options available to franchisees:

Training: Available
Veteran Discount: Yes

Franchisor Details

Facts about this franchise:

Total Units: 17
Year Founded: 2014
Franchising Since: 2021

What Does a Costa Oil - 10 Minute Oil Change Franchise Cost?

To buy a franchise with Costa Oil - 10 Minute Oil Change, you'll need to have at least liquid capital of $60,000 and a minimum net worth of $150,000. Franchisees can expect to make a total investment of $131,750 - $321,900. Costa Oil - 10 Minute Oil Change charges a franchise fee of $54,900. They also offer a discount for veterans . *

Why Costa Oil – 10 Minute Oil Change™?

We believe the quick lube industry has been ahead of its time in terms of selling the consumer back their time. Whether it's Uber selling people their time back, or smart fridges that order a new case of soda when it realizes you're down to your last can and knows your drinking habits, the quick lube industry is the same.

The use of full synthetics has negated the need for large holding tanks, which reduces the amount of space needed for a quick lube location and eliminates the need for expensive full basements below grade.

We believe that even as the U.S. and the auto industry embrace renewable energy, the combustion engine and use of oil isn't going anywhere for a long time given the unique independent spirit embedded in American society and the widespread use of petroleum in so many products today.

Why an Oil Change Franchise?

We believe the quick lube industry itself isn’t broken. However, the days of spending $500,000 to $1,000,000 dollars or more to launch a quick lube business are over. With oil change intervals being stretched because of new synthetic oils, traditional quick lubes with three or four bays do not generate the car volume to justify massive leases or mortgages. There has been a learning curve for landlords who have been used to receiving hefty lease payments since the late 80's and are not used to taking huge haircuts on facilities that largely cannot be re-purposed to be used for anything else.

Costa Oil has developed a quick lube franchise concept that requires less initial capital, has less overhead in the form of rent and staffing, and is more suited for today's quick lube environment. Our one bay and two bay Costa Oil Kiosks will be placed in parking lots of strip malls, or walk-in malls, or adjoined to high volume businesses with lot space such as McDonalds or Dunkin Donuts. We finance the construction of our kiosks through a third-party real estate partner and lease it directly to franchisees, making it easier, less expensive, and faster for franchisees to open their businesses.

FRANCHISE APPROACH

Investment
The efficient modular unit reduces start-up costs and gets you into the oil change business fast. Engineering a profitable quick lube franchise operation was just as important to Costa Oil – 10 Minute Oil Change™ as developing an efficient stay-in-your car drive-thru operation.

Using a smaller footprint for the Costa Oil – 10 Minute Oil Change™ operation increases the number of possible sites available for development. Costa Oil™ has developed shopping center parking lots, service stations, car washes, and underutilized commercial property with success.

Proven
We have over thirty years of experience in the Quick Lube industry with a dedication to innovation, strong customer service, pit crew style operating procedures, and technology that set us apart from other quick lube companies.

Independent
Costa Oil – 10 Minute Oil Change™ is one of only a handful of quick lube franchises that is not owned, operated or affiliated with any of the oil companies. With no obligation to purchase goods from anyone this allows us to negotiate the best value for our franchisees. We will make recommendations without dictating what products you must use.

Efficient & Simple
From our POS system to the equipment used to service our customers vehicles Costa Oil – 10 Minute Oil Change™ Premier Lube and Maintenance centers are relatively simple and easy to operate, with a streamlined operating environment, small footprint and lower staffing requirements that make it simple to concentrate on your customers.

Innovative
Our patented Modular buildings are designed for quick, easy construction and maintenance, and will have you up and running in half the time needed for normal construction.

FRANCHISE SUPPORT

Support
The Costa Oil – 10 Minute Oil Change™ franchise platform guides our franchisees in all aspects of building and operating their business. From site selection, construction, and your initial training to your operations and marketing of your business we will guide you in building a strong business model based on our proven system.
Site Selection
With our strategic partnership with Valvoline, we can seek out sites that meet our demographical criteria and work closely with you to find the right site for your business.
Financing
We will help you determine your financial needs and direct and assist you in finding the appropriate funding needed for constructing and developing your new site.
Training
We will give you the tools and the resources needed to operate profitable centers.  Comprehensive and intensive training is provided to franchisees covering all aspects of your lube center. Once open, we will continue to support your training and operational needs.
Marketing
Building a loyal customer base is key to your success, and connecting with your customers in your community is vital. We’ll show you proven methods of reaching your future customers in the most economical manner possible.
Systems
We have forged a strong relationship with Sage Microsystems in developing our Point-of-Sale systems. It is easy to learn, easy to use, and versatile in its ability to provide inventory, sales, marketing, and customer data available for your use. And, it makes sales much easier by providing customer histories, manufacturers’ recommendations, and detailed vehicle specifications.
Purchasing
With established alliances with Service Champ and Valvoline we can secure you competitive negotiated pricing on goods and equipment designed to make your center profitable and competitive.

Costa Oil IDEAL FRANCHISEE

Costa Oil's opportunity is open to owner operators, semi-absentee owners, and absentee owners.
We look for candidates with business or corporate experience with an interest in opening multiple units.
No automotive experience is required. This is a retail service business; we will train them on how to operate a quick lube. Basic business knowledge, including marketing and P&L experience is helpful. We look for relationship-oriented candidates who can connect with people.

 

AwardsAwards

Costa Oil - 10 Minute Oil Change has received the following awards and acknowledgements:

FranServe's FRAN-TASTIC 500:
2022 Fran-Tastic 500 Award
Franchise Dictionary Magazine:
TOP 100 Game Changers for 2022
Entrepreneur.com: 1113
#32 in state of Pennsylvania for Fastest Growing Businesses

AvailabilityAvailability

* This information may have changed since first published. We recommend that you always verify fees, investment amounts, and offers with the business opportunity directly prior to making a decision to invest.

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