Express Oil Change LLC

★☆☆☆☆
  • 1880 Southpark Dr

    Hoover, AL 35244

    Map & Directions
  • 205-945-1771

Automotive

Automotive
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Alabama based franchisor.

They claim "99% survival rate form ground up locations since 1996" The actual numbers show very differently.

Questions Raised:

Birmingham Business Journal Article of April 4, 2008 article on Express Oil Change & Service Center: At that time, "24 new franchisee owned centers was the goal with no new corporate centers" was the plan.

You should find that the nine new "ground up" stores opened in 2008 and all tracking under well projected sales - with 7 of the 9 tracking at about 50% of projected revenues. Most of the new owners cannot sustain those numbers averaging 1.3 million in debt service while gross revenues plotting at $320k annual.

You also might be interested in knowing the numbers regarding EOC Corp. stores v. Franchise Stores over the past three years:

2007:
51 Corp stores v. 106 franchisee stores

2009:
70 Corp stores v. 99 franchisee store

That's a 37% increase in Corp stores, while a 9% decrease in franchisee stores - during a time when they claim they do not want to open any additional Corp stores. Where are they getting these stores from? Failing franchisees? If yes, then how or why do you continue with the same business model and claim 99% survival rate?

1
★☆☆☆☆

Alabama based franchisor.

They claim "99% survival rate form ground up locations since 1996" The actual numbers show very differently.

Questions Raised:

Birmingham Business Journal Article of April 4, 2008 article on Express Oil Change & Service Center: At that time, "24 new franchisee owned centers was the goal with no new corporate centers" was the plan.

You should find that the nine new "ground up" stores opened in 2008 and all tracking under well projected sales - with 7 of the 9 tracking at about 50% of projected revenues. Most of the new owners cannot sustain those numbers averaging 1.3 million in debt service while gross revenues plotting at $320k annual.

You also might be interested in knowing the numbers regarding EOC Corp. stores v. Franchise Stores over the past three years:

2007:
51 Corp stores v. 106 franchisee stores

2009:
70 Corp stores v. 99 franchisee store

That's a 37% increase in Corp stores, while a 9% decrease in franchisee stores - during a time when they claim they do not want to open any additional Corp stores. Where are they getting these stores from? Failing franchisees? If yes, then how or why do you continue with the same business model and claim 99% survival rate?

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ExpressOil Change - Franchisor

Claiming "99% survival rate form ground up locations since 1996" The actual numbers show very differently.

Questions:

Birmingham Business Journal Article of April 4, 2008 article on Express Oil Change & Service Center: At that time, "24 new franchisee owned centers was the goal with no new corporate centers" was the plan.

You should find that the nine new "ground up" stores opened in 2008 and all tracking under well projected sales - with 7 of the 9 tracking at about 50% of projected revenues. Most of the new owners cannot sustain those numbers averaging 1.3 million in debt service while gross revenues plotting at $320k annual.

Recent figures regarding EOC Corp. stores v. Franchise Stores over the past three years:

2007:
51 Corp stores v. 106 franchisee stores

2009:
70 Corp stores v. 99 franchisee store

That's a 37% increase in Corp stores, while a 9% decrease in franchisee stores - during a time when they claim they do not want to open any additional Corp stores. Where are they getting these stores from? Failing franchisees? If yes, then how or why do you continue with the same business model and claim 99% survival rate?

Latest: Inde Express, LLC

Is this information being properly disclosed by the franchisor as required by FTC regulation? We may soon find out since complaints have been made.

0
★☆☆☆☆

ExpressOil Change - Franchisor

Claiming "99% survival rate form ground up locations since 1996" The actual numbers show very differently.

Questions:

Birmingham Business Journal Article of April 4, 2008 article on Express Oil Change & Service Center: At that time, "24 new franchisee owned centers was the goal with no new corporate centers" was the plan.

You should find that the nine new "ground up" stores opened in 2008 and all tracking under well projected sales - with 7 of the 9 tracking at about 50% of projected revenues. Most of the new owners cannot sustain those numbers averaging 1.3 million in debt service while gross revenues plotting at $320k annual.

Recent figures regarding EOC Corp. stores v. Franchise Stores over the past three years:

2007:
51 Corp stores v. 106 franchisee stores

2009:
70 Corp stores v. 99 franchisee store

That's a 37% increase in Corp stores, while a 9% decrease in franchisee stores - during a time when they claim they do not want to open any additional Corp stores. Where are they getting these stores from? Failing franchisees? If yes, then how or why do you continue with the same business model and claim 99% survival rate?

Latest: Inde Express, LLC

Is this information being properly disclosed by the franchisor as required by FTC regulation? We may soon find out since complaints have been made.

Pros: Support the honest hardworking struggling franchisees

Cons: Franchisor: Not disclosing all information as req. by FTC

 

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