Strickland Brothers 10 Minute Oil Change Franchise
Strickland Brothers is a drive-thru 10-minute oil change where you stay in your car, plus general maintenance and repair. Needs are steady, and the focus is fast, friendly service. Semi-absentee is an option. 68 units since 2016.
Investment and key facts
- Industry: Automotive
- Minimum investment: $247,900
- Maximum investment: $391,900
- Founded: 2016
About Strickland Brothers 10 Minute Oil Change
Strickland Brothers is your one-stop shop for fast and friendly oil change and maintenance services. We are the 'Chick-fil-A' of oil changes! Although we are well-known for our drive-thru, stay in your car 10-minute oil change, we also offer a variety of professional automotive maintenance and repair services to keep your vehicle running like it should. Our mission at Strickland Brother’s 10-Minute Oil Change is to exceed the expectations of every customer by setting and meeting service standards that are innovative and centered around the highest level of service, every time. Our founder, Justin Strickland began his career in the automotive space as a minimum wage hood technician. After a year in this position, he went to the owner of the franchise and asked if any management opportunities could be in his future? The owner responded, “I think you are doing well where you are.” Justin left that job and worked his way up to a District Sales and Operations Manager for another quick oil change competitor. He began to notice similarities in the two companies. There were several gaps that could be bridged. Justin put together a strong business plan to start his own concept at the end of 2012 and presented to multiple investors and banks- all of which said no due to only having around $6,000 to start the business. Justin’s grandfather mortgaged the family home for his grandson to chase his dream. The first quick lube concept under Justin’s ownership was born. The Strickland Brothers business is named after Justin's two sons, Tate & Beckett. Strickland Brothers has won numerous awards including but not limited to: Best Places to work Fast 50 (Fastest growing companies in North Carolina) Inc 5000 (583 in the country) Justin awarded ?The Next 1000? by Forbes Magazine Family business of the year The Strickland Brothers business model includes: Stay in your car, drive-thru oil change Proven customer acquisition and retention marketing algorithms and systems High demand, recurring revenue model The latest and greatest in-store and back-office technology systems Recession resistant industry, essential business Inventory Management systems Integrated reputation management systems In summary: Recession Resistant- The auto repair industry historically has thrived through recessions and most recently, through the Covid-19 pandemic. Emerging Credit to proven brand- The recent equity injection from Princeton Equity Partners has created a board of past and present CEO’s that have operated franchise concepts with more than 1,100 units in a single brand. Technology Systems- Implemented tech systems to create mobile sales data, back office and in store POS systems- all linked together to assist owners in closely monitoring key performance indicators. Simple, Scalable model- Through our development programs, Strickland Brothers has over $750MM committed for future real estate projects for qualified franchise owners (should they decide to opt into the program) Inventory Management Systems- We are the only quick facility with an all-inclusive inventory management system