Franchise Summary
Description
The franchised business being offered is TAKE 5® motor vehicle centers that provide quick service, customer-oriented oil changes, lubrication and related motor vehicle services and products.
Company Background
TAKE 5(R) is the fastest, most convenient way to get your oil changed. We're an established franchise recognized for quick service and customer-oriented services that provides a wide range of automotive products and services.
Franchise Opportunity
Most people don't know how to change their oil. TAKE 5 is the solution. We offer quick service, customer-oriented oil changes and related motor vehicle services and products in a clean, comfortable environment at an affordable price. It's easy to get your car serviced with us! Simply make an appointment online or by phone for any of our convenient hours (including Saturday), drive into one of our locations, present your voucher from this website, and we'll take care of the rest. You won't be disappointed!
Corporate Structure
The franchisor is Take 5 Franchisor SPV LLC, a Delaware limited liability company organized on February 23, 2018.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Automotive Industry$1,026,949 / unit
Franchise Type: Standard
Average Revenue During 2020
Average Gross Profit Per Unit
Compared vs. Automotive Industry$767,799 / unit
Franchise Type: Standard
Average Gross Profit During 2020
Franchise Types Available
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Employee Contact Database
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Take 5 Franchise System Development in 2024
FAQ
How much investment do I need to start my own Take 5 business?
Franchisees typically require at least $912,248 to $2,053,642 investment to get their Take 5 business started
What are the initial franchise fees for Take 5?
Franchisees typically need to pay at least $120,497 in fees directly to Take 5 in order to earn the right to launch their business
How much money can I make with a Take 5 franchise? What are
the average revenues for a typical Take 5 business?
We estimate that the average revenue of an individual
Take 5 unit is approximately
$1,026,949. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Take 5 unit? What
is my contractual commitment?
Take 5 franchisees are typically required to sign up to a
15 year contract initially. The renewal length
is 15 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$912,248 to $2,053,642
which is
Much Higher
than the $0 to $0 average in the Automotive industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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