SpeeDee Oil Change & Auto Service® has been one of the best oil change franchises in the nation for four decades thanks to our ability to deliver consistently fast, excellent customer service.
SpeeDee Oil Change Franchise Overview
SpeeDee is one of the fastest-growing oil change and automotive service brands in the nation, with over 200 units open worldwide and that number expected to hit 250 by the end of this year. In 2022, Average Net Sales for Top Quartile of Sales Revenue – $2,248,312* with EBITDAR of $576,082.*
* *Based on franchisee-owned SpeeDee Oil Change & Auto Service® centers that were in the Top Quartile of sales revenue averages for fiscal year 2022. Performance may vary. This information appears in our 2023 FDD under Item 19.
“The oil change and auto repair industry is a great place to be. It’s not trendy. It’s not a fad. People always need it,” said SpeeDee CEO Kevin Kormondy. “Even during the disruptions of the last few years, demand has been strong, and our franchisees have been able to thrive by providing great service and taking advantage of strong systems and support.”
What Sets SpeeDee Apart From the Competition
- It is one of the few large auto repair and oil change brands experiencing strong growth.
- Unlike other franchises that offer quick lube service, it is not owned by an oil company, which gives the brand leverage to negotiate with multiple suppliers.
- Strong EBITDAR.
- Four decades in business, with an extremely experienced executive team guiding the brand.
- Flexible development options that can help owners get open more quickly and take advantage of real estate bargains.
- Significant franchise support to assist in finding quality locations, negotiating leases, training, marketing, and maximizing ROI.
The Automotive Aftermarket Industry
$514 BILLION INDUSTRY
The SpeeDee Oil Change franchise is positioned to capitalize on the growth in the automotive aftermarket industry. As more vehicles hit the roads, the demand for maintenance services like oil changes is on the rise.
With a strong brand reputation and a proven business model, SpeeDee Oil Change franchisees have a unique opportunity to tap into this growing market. By offering convenient and efficient service, they can attract customers looking for quality maintenance for their vehicles.
Investing in a SpeeDee Oil Change franchise not only aligns with the upward trajectory of the automotive aftermarket industry but also provides entrepreneurs with a solid foundation for success in a lucrative market segment.
Franchise Support
SpeeDee Oil Change & Auto Service® offers tremendous franchise support to help you get started and grow your business. You don’t need automotive experience. We provide training, marketing support, and a wide range of tools to help you find customers and serve them well.
- Marketing – When you join SpeeDee, you benefit from a growing brand that has been building relationships with customers for four decades. You also gain the support of a dedicated marketing team that manages sophisticated campaigns to drive business to your center. We’re working to beat the competition in every market where we have a SpeeDee location.
- Training – The first step of your training is learning our proven system. Our online training platform, available 24/7, is called FullSpeed Automotive University. The training is very robust and has 250 courses – some of which are required. This is the platform you’ll use to train your own people. In addition, you’ll spend a week in Denver at our New Franchisee Training School, and we’ll show you how to differentiate SpeeDee from other quick lube businesses.
Choosing Your Location
Finding the right site is critical for your business. SpeeDee Oil Change & Auto Service works alongside you and local commercial real estate brokers to identify promising sites, evaluate their likely performance, and negotiate favorable terms.
LET’S TALK ABOUT HOW WE CAN HELP YOU BECOME A FRANCHISEE.
