SPEEDEE OIL CHANGE & AUTO SERVICE
SpeeDee Oil Change & Auto Service franchises operate quick-service centers providing oil changes, preventive maintenance services like fluid checks and fills, brake services, and other approved automotive repairs to the general public, primarily car and truck owners, without requiring appointments. Centers follow a proprietary system with guaranteed service times, typically in freestanding buildings with drive-through bays located in urban, suburban, or high-traffic areas. The business model involves initial franchise fees, multi-unit development options, royalties, and strict adherence to brand standards for fast, reliable automotive care.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty + 0.5% ad fund + $193-$346/mo POS maintenance fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: Data based on 36 franchisee-owned Centers that were in operation for more than one year as of December 31, 2024, operated the entire calendar year 2024, and provided complete Profit and Loss Statements, as described in Notes 1, 2, 4, and 5 to the charts.
* Calculated weighted average gross revenue (Net Sales) from Chart I (Page 2): (2 units * $553,743 + 6 units * $691,051 + 4 units * $952,048 + 24 units * $1,752,656) / 36 total units = $1,420,159.11. Calculated weighted average gross profit from Chart I (Page 2): (2 units * $410,693 + 6 units * $510,159 + 4 units * $648,275 + 24 units * $1,268,128) / 36 total units = $1,025,292.00. Calculated weighted average EBITDAR from Chart I (Page 2): (2 units * $108,454 + 6 units * $96,330 + 4 units * $83,848 + 24 units * $356,782) / 36 total units = $269,251.33. Median gross revenue for all centers determined by finding the sales category containing the median center (18th-19th out of 36 total centers) and using its Median Net Sales from Chart II (Page 3), which is $1,616,546 (Category E). Revenue top quartile taken from 'Average Net Sales' for the 'TOP QUARTILE' in Chart II (Page 3). Revenue bottom quartile taken from 'Average Net Sales' for the 'BOTTOM QUARTILE' in Chart II (Page 4). EBITDA margin percentage calculated as weighted average EBITDAR / weighted average gross revenue = $269,251.33 / $1,420,159.11 = 0.1896. Best guess profit low/high estimated using the overall weighted average gross revenue ($1,420,159.11) and the minimum (8.8% from Category D) and maximum (20.4% from Category E) EBITDAR percentages from Chart I (Page 2) respectively. Low = $1,420,159.11 * 0.088 = $124,974.00. High = $1,420,159.11 * 0.204 = $289,712.46.
Extracted Item 19 Section
How SPEEDEE OIL CHANGE & AUTO SERVICE Compares to Other Automotive Services Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
SPEEDEE OIL CHANGE & AUTO SERVICE Current | $291K - $917K | $40K | 6.0% | 66 |
| Tire Pros | $12K - $137K | $7K | N/A | 644 |
| MICHELIN RETREAD TECHNOLOGIES (MICHELIN COMMERCIAL SERVICE NETWORK) | $189K - $4.3M | $3K | N/A | 340 |
| CHRISTIAN BROTHERS AUTOMOTIVE | $550K - $680K | $135K | 50.0% | 302 |
| CHRISTIAN BROTHERS AUTOMOTIVE | $530K - $645K | $135K | 50.0% | 265 |
| TOMMY'S EXPRESS | $5.0M - $8.5M | $50K | 4.0% | 206 |
Automotive Services Average 24 franchises | $442K - $985K | $47K | 12.8% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 24 Automotive Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for SPEEDEE OIL CHANGE & AUTO SERVICE franchisees (2018 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
Unlock Franchisee Contact Database
66 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.
Upgrade to Pro$199/year · Cancel anytime
Due Diligence
Litigation (Item 3)
One action against former franchisees to enforce covenant not to compete.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a SPEEDEE OIL CHANGE & AUTO SERVICE franchise?
The total initial investment to open a SPEEDEE OIL CHANGE & AUTO SERVICE franchise ranges from $291,320 to $917,050. This includes a franchise fee of $39,900. Ongoing royalty fees are 6.0% of gross sales.
How much revenue does a SPEEDEE OIL CHANGE & AUTO SERVICE franchise make?
According to the 2025 FDD, the average gross revenue for a SPEEDEE OIL CHANGE & AUTO SERVICE franchise is $1,420,159.11. The median revenue is $1,616,546.
How much profit can you make with a SPEEDEE OIL CHANGE & AUTO SERVICE franchise?
Based on the financial performance data in the FDD, estimated profit for a SPEEDEE OIL CHANGE & AUTO SERVICE franchise ranges from $124,974 to $289,712.46 per year. Actual results vary based on location, management, and market conditions.
How many SPEEDEE OIL CHANGE & AUTO SERVICE franchise locations are there?
As of the 2025 FDD, SPEEDEE OIL CHANGE & AUTO SERVICE has 66 franchise locations. The company has been franchising since 1982.
Can you get an SBA loan for a SPEEDEE OIL CHANGE & AUTO SERVICE franchise?
Yes, SBA loans are available for SPEEDEE OIL CHANGE & AUTO SERVICE franchises. Historical data shows 13 SBA 7(a) loans have been approved for SPEEDEE OIL CHANGE & AUTO SERVICE franchisees, with an average loan amount of $495,785. The historical default rate is 0.0%.
Is SPEEDEE OIL CHANGE & AUTO SERVICE a good franchise to buy?
SPEEDEE OIL CHANGE & AUTO SERVICE shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in SPEEDEE OIL CHANGE & AUTO SERVICE?
Talk to a franchise advisor to get personalized guidance and learn if SPEEDEE OIL CHANGE & AUTO SERVICE is the right fit for you.
Talk to an Advisor