Take 5 Oil Change franchise
Take 5 Oil Change runs drive-through centers where customers stay in their car for a quick oil change, usually done in about ten minutes, plus fluid and filter services. It is part of Driven Brands, which also owns Meineke and Maaco. At the end of 2024 there were 1,142 Take 5 Oil Change locations in the US, 432 franchised and 710 company-owned, so most are run by the company itself.
- Cost to open
- $912K–$2.05M
- Franchise fee
- $45,000
- Royalty
- 7%
- Locations, 2024
- 1,142+298 in 3 yrs
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Company snapshot
- Franchisor based in
- Charlotte, North Carolina
- Agreement length
- 15 years
- Financing
- None offered
From Take 5 Franchisor SPV LLC’s 2025 filing.
How much a Take 5 Oil Change franchise costs
Opening a new ground-up Take 5 center, excluding real estate costs an estimated $912,248 to $2,053,642. That covers the franchise fee and everything else needed to open, through the first months of working capital.
| Conversion of an existing building | $287,145 to $1,013,587 |
|---|
Source: Take 5 Franchisor SPV LLC, 2025 filing, page 38
Take 5 Oil Change franchise fee
The franchise fee is $45,000, per center, plus a $20,000 grand opening contribution. You pay it when you sign the franchise agreement.
Source: Take 5 Franchisor SPV LLC, 2025 filing, page 28
Royalty and ongoing fees
| Royalty | 7% of gross sales, paid weekly. |
|---|---|
| Brand or marketing fund | 5% of gross sales |
Source: Take 5 Franchisor SPV LLC, 2025 filing, page 30
Sales and earnings
Shares figures Take 5 Oil Change publishes sales or earnings figures for its locations: it reports 2024 gross sales, costs and EBITDA for affiliate-owned centers, and results for franchised centers. The full tables, with notes on which locations are counted, are in its filing.
Source: Take 5 Franchisor SPV LLC, 2025 filing, page 81
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2022 | 227 (+93) | 580 | 1 |
| 2023 | 325 (+98) | 643 | 2 |
| 2024 | 432 (+107) | 710 | 3 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
Source: Take 5 Franchisor SPV LLC, 2025 filing, page 92
How Take 5 Oil Change compares
Of the 4 oil change franchises on this site, Take 5 Oil Change is the most expensive to open and the 3rd largest by number of locations.
| Measure | Take 5 Oil Change | Typical oil change |
|---|---|---|
| Cost to open, low end | $912K | $460K |
| Royalty | 7% | 6% |
| Closed or left per year | 0.9% | 0.9% |
| Change in franchised locations, 3 yrs | +222.4% | +26.6% |
| Shares earnings figures | Yes | 4 of 4 |
Typical is the median across the 4 brands in oil change franchises.
Other oil change franchises
Take 5 Oil Change franchise questions
Does Take 5 Oil Change help with financing?
No. Take 5 Oil Change does not offer financing or guarantee loans or leases, so buyers arrange their own, usually a bank or SBA loan.
How long is a Take 5 Oil Change franchise agreement?
The initial term is 15 years. Renewal is usually possible if you're in good standing, often for a fee and a remodel.
Is Take 5 Oil Change growing or shrinking?
Over the last 3 years 304 franchised locations opened and 6 closed or left, a net change of +222.4%. About 0.9% of locations closed or left each year. That is in line with the 0.9% typical for oil change franchises.
How does Take 5 Oil Change compare with other oil change franchises?
Of the 4 oil change franchises here, Take 5 Oil Change is the most expensive to open (low end $912K against a $460K median) and the 3rd largest by number of locations. Its 7% royalty is above the 6% median.
Does Take 5 Oil Change say how much franchisees make?
Yes: it reports 2024 gross sales, costs and EBITDA for affiliate-owned centers, and results for franchised centers. Your results can differ; the filing explains which locations are counted.
Where is Take 5 Oil Change based?
Take 5 Franchisor SPV LLC is based in Charlotte, North Carolina.