Franchising Fact Sheet

New Franchisees enter the Mr. Fast Lube System by acquiring a franchise for a new location.

The following financial resources are considered for acceptance into the franchise training program. We require a minimum of $60,000 of non-borrowed personal resources to consider an individual for a franchise.

Non-borrowed personal resources considered are:

• Cash on hand.

• Securities, bonds, and debentures.

• Vested profit sharing (net of taxes)

• Business or Real Estate Equity (exclusive of personal residence)

Mr. Fast Lube does not provide financing or loan guarantees.

Cost of New Lube Locations

Initial Costs: $25,000 Initial Fee paid to Mr. Fast Lube

Equipment and pre-opening Costs: Typically these costs range from $200,000 to $215,000. The size of the building is a two or three bay, 1,500 to 1,800 sq. ft. area. The land cost varies.