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Liquid capital required
|
$600,000
|
Net worth required
|
$1,000,000
|
Investment
|
$178,025 - $3,273,500
|
Franchise fee
|
$30,000
|
Royalty
|
4.0% - 6.0%
|
Offers Financing
|
Yes
|
Units in operation
|
1,433
|
To open a Valvoline Instant Oil Change location, you should have ₱600,000 available as liquid capital. Valvoline Instant Oil Change expects new franchisees to have a net worth of at least ₱1,000,000. Valvoline Instant Oil Change franchisees pay a royalty of 4% back to the franchisor. ₱178,025 is the minimum that Valvoline Instant Oil Change expects its owners will need to invest in a new location. The most the franchisor could ask you to invest is ₱3,273,500 if you want to become a franchisee. ₱30,000 is the franchise fee new franchisees pay the franchisor. In total, there are 1433 units of this franchise open today.
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