Question 1

Does Take 5 Oil Change franchise offer exclusive territory?

Accepted Answer

Take 5 Oil Change offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the Take 5 Oil Change franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Take 5 Oil Change is 15 years. Franchisees may renew up to 1 time for 15-year periods. The total potential term is 30 years.

Question 3

What is the non-compete clause for Take 5 Oil Change franchise?

Accepted Answer

The Take 5 Oil Change franchise non-compete clause extends for 3 years within a 5-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Take 5 Oil Change franchise?

Accepted Answer

Yes, Take 5 Oil Change allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $17,500 applies.