Strickland Brothers 10 Minute Oil Change

Data Based On: 39 Franchisee owned Strickland Brothers 10 Minute Oil Change locations that have been operating for at least 12 full calendar months as of December 31, 2023.

* Average gross revenue and median gross revenue are directly extracted from 'Total Income' row in Table 3 for Franchisee Representative Units. Average EBITDA is taken from the 'Gross Profit' row in Table 3, as Note 3 to Table 3 defines 'Gross Profit' as earnings before interest, taxes, depreciation, and amortization, which aligns with the definition of EBITDA. The Rent expense in Table 3 shows an average ($486,801.52) that is higher than its stated high value ($147,932.00), indicating a data anomaly or formatting error, therefore it was not used in any calculations or profit estimations. Revenue top/bottom quartiles, average net income, average net profit, EBITDA margin percentage, and best guess profit ranges could not be reliably determined or calculated from the information provided for franchisee units.