Take 5 Oil Change Franchise vs. Milex Complete Auto Care: A Comparison

Interested in buying a Take 5 Oil Change franchise? Learn how it compares to Milex Complete Auto Care, so you can choose the best opportunity for you. Both offer advantages, but we can help you determine which one aligns best with your investment goals.

Let's start by delving into the numbers with a side-by-side comparison to help you make an informed decision.

 

 

Take 5 Oil Change*

Milex Complete Auto Care**

Initial Franchise Fee

$35,000

$40,000

Initial Investment

$734,497 to $1,307,888

$207,425 to $264,685

Net Worth Requirement

$500,000

$250,000+

Cash Requirement

$300,000

$65,000 to $90,000

Royalty Fee

7%

7%

Ad Royalty Fee

5%

1%

*Entrepreneur **FDD

 

Take 5: A Quick-Lube Opportunity

Take 5 Oil Change franchise launched in 1984 as a traditional oil change shop in Metairie, Louisiana, and grew to three locations. In 1996, it started providing drive-thru, stay-in-your-car oil change services. The successful business model helped the company grow and start franchising in 2018 with guidance from its parent company, Driven Brands, which is also the franchisor of Maaco and Meineke. Today, there are more than 800 Take 5 Oil Change locations specializing in 10-minute oil changes across the country.

 

Take 5 Oil Change built its reputation on the pillars of speed, quality, and customer satisfaction. Its business model is designed to offer quick and thorough service. While Take 5 Oil Change offers a specialized service in a growing market, Milex Complete Auto Care’s full lineup of car repair and maintenance services provides a versatile and future-proof investment opportunity.

 

Why Milex Complete Auto Care Stands Out

The Milex auto care franchise originated as Milex Tune-Up and Brake in 1967, becoming Milex Complete Auto Care in 2006. Milex is the source for general automotive repair and maintenance, specializing in all aspects of mechanical repair. We strive to create customer experiences that result in satisfaction and loyalty at each of our locally owned shops.

 

Here are a few reasons Milex is a recession-proof investment for people considering an opportunity in auto repair.

 

  • Milex Complete Auto Care provides comprehensive auto care services, from oil changes and tire services to complex engine diagnostics. This diversity allows you to tap into multiple revenue streams, making Milex a versatile investment. Take 5 Oil Change primarily focuses on quick oil changes, and it has a high initial investment. While the brand’s niche allows for fast service, it also limits the range of services you can offer and may be cost-prohibitive for many new entrepreneurs.
     
  • The automotive aftermarket industry is booming, with projections indicating a market size of over $205.8 billion in the next two years. While oil changes will always be necessary, market trends are moving toward comprehensive auto care, especially with the increasing complexity of modern vehicles. Milex positions you perfectly to capitalize on this trend, offering services that go far beyond oil changes. As the sale of electric vehicles rises, being adaptable is important. EV sales jumped 48.4% in the second quarter of 2023 versus the prior year period, according to Cox Automotive.
     
  • Both franchises offer training programs for new franchisees. Milex’s attention to ongoing support and advanced training ensures you tune in to the latest service developments in the industry. Milex is part of Moran Family of Brands, the franchisor of six aftermarket automotive and window tinting brands, including Mr. Transmission and Turbo Tint. Moran’s team stays abreast of automotive technological advancements and repair techniques, giving you an edge in the market.
     
  • Milex Complete Auto Care encourages community involvement, from local sponsorships to community service. Being a vital member of the community builds brand loyalty and allows you to become a community leader.

 

Learn More About Milex

If you’re ready to pursue a future in the aftermarket automotive industry with a franchise focused on comprehensive services and ongoing support, become a franchisee of Milex.

Dedication

They consistently follow our company’s vision and mission, and fulfill their responsibilities in that role.

Respect

People who are polite and well-mannered toward their customers and employees, who go out of their way to make sure others are being treated well.

Integrity

They uphold the highest standards in ethics and authority, ensuring that the customer’s interests come before their own.

Vision

These individuals always look to the future, seeking out ways to improve both themselves and the franchise they run.

Engagement

Both franchisees and Staff actively participating in the mission and vision of our company.

Get in Touch with Us!

Interested in franchise? Let’s get the conversation started. Let Moran Family of Brands know how they can help you.

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