Oil Can Henry's

Automotive lubrication & filter maintenance

Background

Founded: 1972 Franchising since: 1988
Oil Can Henry's was founded in 1972 and began franchising in 1988. It's a private company with more than 40 locations across the United States, and is based in Portland, Oregon.

19150 S.W. 90th Ave.
Tualatin, Oregon 97062

Phone:
(800)765-6244/ (503)243-6311

Franchisor is a privately-held company with 17 employee(s)

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2006	59	0	0	8
2005	59	0	0	7

Where Seeking Franchisees
In the U.S. Arizona, California, Colorado, Florida, Idaho, New mexico, Nevada, United states, Washington

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $201K-258K
Franchise fee: $25K

Ongoing royalty fee: 5.5%
Term of agreement: 15 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	No
Payroll	No	No

Third-party financing source(s): Castrol Select Service Alliance

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $150K
Business Experience:

General business experience
Marketing skills

Operations

70% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 4 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)