The Industry & Demand
Quick lube automotive is an $8 billion industry with more than 230 million licensed drivers in the U.S. At some point, every vehicle requires ongoing maintenance to keep it functioning properly, making this a high demand and recession-resilient industry. In fact, the industry averages 3.2 oil changes per car per year and currently has 287 million registered vehicles in the U.S.
Quick lube businesses make it easy, convenient, and affordable for vehicle owners to take care of this essential need while saving time and money. So why is this opportunity different from other concepts?