Question 1

How much does it cost to open a Take 5 Oil Change franchise?

Accepted Answer

The total initial investment for a Take 5 Oil Change franchise ranges from $912K to $2.1M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Take 5 Oil Change franchise fee?

Accepted Answer

The initial franchise fee for Take 5 Oil Change is $45K.

Question 3

What are the net worth requirements for a Take 5 Oil Change franchise?

Accepted Answer

Net worth requirements for Take 5 Oil Change are specified in the Franchise Disclosure Document.

Question 4

Does Take 5 Oil Change require a personal guarantee?

Accepted Answer

Yes, Take 5 Oil Change requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a Take 5 Oil Change franchise?

Accepted Answer

Equipment costs for a Take 5 Oil Change franchise range from $29K to $39K. Initial inventory costs range from $23K to $35K.