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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.
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Franchise Costs
6% royalty + 0.5% ad fund + $193-$369/mo POS maintenance fee
Financial Performance
Item 19 Financial Performance
Data Based On: 45 franchisee-owned Speedee Centers in operation for more than one year as of December 31, 2025, operated the entire calendar year 2025, and provided complete Profit and Loss Statements, as described in Notes 1, 2, and 5.
* Average Gross Revenue (Net Sales) was calculated as a weighted average from Chart I, using the 'Average Net Sales' for each category (A-E) and their respective 'Number of Centers': (2*$460,450 + 8*$575,797 + 8*$779,804 + 9*$988,531 + 18*$1,827,797) / 45 total centers = $1,190,285.18. Average Gross Profit was calculated as a weighted average from Chart I, using the 'Average Gross Profit' for each category (A-E) and their respective 'Number of Centers': (2*$344,192 + 8*$413,342 + 8*$594,509 + 9*$732,166 + 18*$1,350,304) / 45 total centers = $881,025.73. Average EBITDAR was calculated as a weighted average from Chart II (using the EBITDAR values for categories A-E) and Chart I's 'Number of Centers' for weighting: (2*$40,650 + 8*$58,729 + 8*$122,947 + 9*$158,715 + 18*$284,802) / 45 total centers = $179,768.42. EBITDAR is used as a proxy for EBITDA as defined in Note 15. The EBITDAR margin percentage was calculated as Average EBITDAR / Average Gross Revenue = $179,768.42 / $1,190,285.18 = 0.151. Revenue Top Quartile and Revenue Bottom Quartile are directly taken from Chart II 'Average Net Sales' for the 'TOP QUARTILE OF SALES REVENUE AVERAGES' and 'BOTTOM QUARTILE OF SALES REVENUE AVERAGES' respectively. Best guess profit high is set to the calculated Average EBITDAR, as it represents earnings before interest, taxes, depreciation, amortization, and occupancy costs. Best guess profit low is not provided as the document explicitly states these remaining expenses vary and are not included in the statement, preventing a well-supported lower estimate.
Extracted Item 19 Section
Avg. Revenue: $1,190,285
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Unlock financial performance dataSPEEDEE OIL CHANGE & AUTO SERVICE Franchise Analysis
Quick-service oil change franchises thrive on repeat auto maintenance demand, and SpeeDee Oil Change & Auto Service delivers with its no-appointment, guaranteed-time model since 1982. Item 19 earnings data offers a clear view of top-line performance across units, while a modest SBA loan history reveals financing patterns for expansion. But with zero disclosed EBITDA margins and a private equity-backed parent, does this setup fuel profitable acceleration or signal hidden service bay pitfalls?
Item 7 outlines the hefty initial investment range of $708,057 to $2,284,321, driven by freestanding drive-through builds in high-traffic spots, plus a $39,900 franchise fee that's competitive for automotive services but pairs with ongoing 6% royalties, 0.5% brand fund, and $193-$369 monthly POS fees—elevated extraction versus quick-lube peers averaging 5-6% total. Item 19 shines with average gross revenues of $1,190,285, positioning mature units as high-volume cash cows in an industry where vehicles still dominate over EVs. Yet the reported 0% EBITDA margin flags razor-thin profitability after costs, urging scrutiny of local competition and labor in your territory.
System metrics show stability without fireworks: 69 franchised plus 9 corporate locations grew +5% from 66 in 2024, with just 1 termination, 3 transfers, and 4 projected new units signaling cautious optimism under MidOcean Partners ownership. SBA records list 13 loans averaging $495,785, a solid but not explosive financing pulse for a category prone to $400K-$600K averages. For due diligence, this low-drama profile suits hands-off operators chasing $1M+ sales, but the flat margins and slow growth demand Item 20 validation on your break-even timeline versus booming alternatives.
Analysis based on the 2026 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How SPEEDEE OIL CHANGE & AUTO SERVICE Compares
Key Insights
- Higher investment than 96% of Automotive Services franchises
- Higher than average SBA loan default rate in Automotive Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
SPEEDEE OIL CHANGE & AUTO SERVICE Current | $708K – $2.3M | $40K | 6.0% | 69 |
| 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 | $515K – $650K | $85K | 50.0% | 302 |
| CHRISTIAN BROTHERS AUTOMOTIVE | $530K – $645K | $135K | 50.0% | 265 |
| TOMMY'S EXPRESS | $3.5M – $11.8M | $50K | 4.0% | 244 |
Automotive Services Average 24 franchises | $393K – $1.2M | $45K | 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 (2025)
Outlets by state across the United States
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Unlock location growth dataSBA Loan History
Historical SBA 7(a) loan data for SPEEDEE OIL CHANGE & AUTO SERVICE franchisees (2018 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
13 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
69 franchisee contacts on file from official FDD filings.
69 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a SPEEDEE OIL CHANGE & AUTO SERVICE franchise ranges from $708,057 to $2,284,321. This includes a franchise fee of $39,900. Ongoing royalty fees are 6.0% of gross sales.
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