Costa Oil

Costa Oil is a hassle-free, 10-minute oil change service. We are built on the premise of efficiency and superior customer service because we believe the quick lube industry has been ahead of its time in terms of selling back the consumer their time.

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Costa Oil Franchise Cost and Requirements for 2022

Background

Costa Oil is a hassle free, 10 minute oil change service. With our knowledge and industry experience, we know that overhead costs can be what breaks a company. However, with us, we are capable of managing our overhead cost in order to optimize our system and enhance our customer service. Our brand has a low cost of entry to a passive business model that has residual business and our locations are run strategically in order to achieve this. Our model allows us to stick to the true quick lube model as it was intended when the industry was created. The original quick lube model includes less expensive equipment for higher liability lower margin services, which require more expensive labor, and the streamlined quick lube model lends better to absentee ownership and multi unit capabilities making it the superior model. With only offering oil change services, working around space restraints, and training just two employees we're able to simplify payroll and utilize our time and space efficiently.

With our business offering a specialty facility and service, we are able to put our focus on the things our consumers care about - their time, and the service they are looking to receive. We believe the quick lube industry has been ahead of its time in terms of selling back the consumer their time. No hassle or waiting around, just in and out with exceptional service in between. In addition to being ultra focused on the customer, we also utilize our building space in conjunction with industry changes and advancements. In the last decade, the oil change interval has been stretched because of new synthetic oils, rendering traditional quick lubes with three or four bays unnecessary because they won't have the volume to justify massive leases or mortgages. At Costa Oil we are the first to deploy the new prototype prefabricated kiosk design because we saw the advantage in finding smaller, niche locations. Turning 8 unused parking spaces into a new revenue generating space allows for developers and real estate owners to increase their capital rate at no additional cost, or loss to them. For us, this presents endless opportunities for locations we can advance into.

We've formed our system so that industry changes add to our emerging success rather than hinder it, and we are breaking industry standards. One industry change is full synthetic oil. With this new stretch in the oil change interval, we found that if we optimized our time and didn't waste man power or resources on other automotive services that aren't used often, then we could still come out ahead of our competition, so we adjusted our system to accommodate more consumers in less time, and in doing so, made the overhead more affordable even with the stretch in the oil change interval.

Company Details

Established: 2014
First Unit Franchised: 2021
Franchised Units: 70
Company Owned Units: 15
States Registered In: California - CA,  Ilinois - IL, Indiana - IN, Michigan - MI, Minnesota - MN, Utah - UT, Virgina - VA, Wisconsin - WI, all non registration states.
Canada Franchises: No
International Franchises: No

Support and Training Offered By Costa Oil

Financial Assistance Provided: No
Site Selection Assistance: No
Lease Negotiation Assistance: No
Recruiting Assistance: No
Cooperative Advertising: No
Training:
40 hours of Classroom/On-The-Job Training. Courses are held once a month at the corporate headquarters. The training course is led by Constantine Kapothanasis who is the President and CEO. Initial training includes up to 3 people per franchise, travel, and expenses are paid by the franchisee.

2022 Franchise Requirements Needed to Own a Costa Oil Franchise.

What does a Costa Oil Franchise Cost?

Costa Oil franchise fees for 2022:

Cash Investment: $60,000
Total Investment: Single- $128,250 to $196,900 Multi- $174,250 to $321,900
Minimum Net Worth: $150,000
Franchise Fee: $54,900
Royalty: 6.50%
Ad: 2% Brand Fund 2.5% Local Spend
Item 19: Yes
Average Number of Employees: 3
Visa Candidates: Yes
Passive Ownership: Yes
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes

Is Costa Oil a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Costa Oil is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Costa Oil a Home Based franchise?

No. Costa Oil is not a home based franchise opportunity.

What Do Costa Oil Franchise Owners Make?

Click here to find out how much Costa Oil franchisees make. Costa Oil offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Costa Oil a Master Franchise Opportunity?

No. Costa Oil is not a master franchise opportunity.

Does Costa Oil Offer a Veteran Discount?

Yes. Costa Oil franchise does offer a veteran discount.

Does Costa Oil Work with E2 Visa and EB-5 Visa Candidates?

Yes. Costa Oil franchise does work with E2 Visa and EB-5 Visa candidates.

Is Costa Oil Looking for Franchisees in Canada?

No. Costa Oil franchise is not looking for Canada franchisees.

Is Costa Oil Looking for International franchisees?

No. Costa Oil franchise is not looking for International franchisees.

Additional Information

Additional Categories

Automotive

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Costa Oil Franchises for Sale

Click Here to inquire about existing Costa Oil franchises for sale. We may have Costa Oil franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.