Automotive · FDD 2024 · HQ NC
Take 5 Oil Change Franchise
A Driven Brands brand operating in the automotive sector, franchising since 1984. Financial profile from publicly filed FDDs.
- $183K – $345K
- Initial investment
- 7.0%
- Royalty rate
- 1,200
- Total locations
The verdict
Take 5 Oil Change needs $183K–$345K to open and charges a 7.0% royalty - an entry cost below the typical automotive franchise.
- $35K
- Franchise fee (Item 5)
- 7.0%
- Royalty of gross sales (Item 6)
- 1,200
- Locations (Item 20)
Figures from Take 5 Oil Change's publicly filed Franchise Disclosure Document (2024).
Investment Overview
- Total Investment
- $183K – $345K
- Franchise Fee
- $35K
- Royalty Rate
- 7.0%
Revenue Data (Item 19)
Item 19 Not Disclosed
This franchisor did not provide financial performance data in their FDD. This is common, disclosure is optional.
Network Size & Growth
Net Growth Rate
Year-over-year unit change
30 locations closed in the last reporting year
Quick Facts
- Sector
- Automotive
- Subsector
- oil change
- Founded
- 1984
- Franchising Since
- 1984
- Headquarters
- NC
- FDD Year
- 2024
- Item 19
- Not Disclosed
Important Notice
Data sourced from publicly available FDD filings. Not financial advice. Consult a franchise attorney and accountant before investing. Past performance does not guarantee future results.
What the Take 5 Oil Change FDD Reveals
Take 5 Oil Change, a Driven Brands franchise, has been franchising since 1984 , currently with 1,200 total locations in the automotive sector, headquartered in NC. Per the 2024 FDD, budget a total initial investment of $183K to $345K, with the 89% low-to-high spread driven mainly by site size, market, and how extensive the buildout runs. That total bundles the franchise fee of $35K together with equipment, leasehold buildout, and the working capital needed to get through ramp-up.
The brand charges 7.0% of gross sales in ongoing royalties. Notably, Take 5 Oil Change does not disclose financial performance (Item 19) in its FDD. That is common (Item 19 is optional under the FTC Franchise Rule) but it puts the burden on prospective buyers to survey existing franchisees (Item 20 contact list), model unit economics from public comparables, and demand validated profit-and-loss data before signing.
The unit count trend here is positive -- Take 5 Oil Change posted 10.0% net growth year-over-year (150 openings, 30 closures). Consistent expansion usually means the unit model pencils out for new owners, but a late-cycle growth spike can also come from an aggressive sales push rather than genuinely strong store-level economics.
Frequently Asked Questions
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Franchise Research Guides
How Take 5 Oil Change compares to the Automotive sector
Take 5 Oil Change's costs vs the average across 11 automotive brands tracked here.
Sector averages computed across all tracked automotive brands from FDD Items 5–7 (FDD year 2024).
Understanding franchise investment (click to expand)
Read our methodology - how this data is sourced, computed, and verified.
Source: Franchise Disclosure Documents (FDDs) Initial investment, franchise fee, royalty, and Item 19 revenue data from FDD Items 5-7 and 19 · 2024
Every figure on PlainFranchise is rendered directly from Franchise Disclosure Document (FDD) source data, no number is typed in by an editor. This page draws directly on Franchise Disclosure Document (FDD) source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.
| Publisher | PlainFranchise |
| Sources | Public state franchise disclosure registries and FDD filings |