By Lance Traweek – New Orleans City Business
Metairie-based Take 5 Oil Change will begin franchising its brand throughout the southeast, the company announced Friday.
With about 300 corporate-owned locations, Take 5 is targeting franchisees in Alabama, Arkansas, Florida, Georgia, Mississippi, Oklahoma, Tennessee, Texas and Virginia. The 30-year-old company plans to expand its business model for stay-in-your-car, 10-minute oil changes through multi-unit franchise partners, according to a news release.
Ted Rippey, vice president of franchising at the company, said the brand has an incredible amount of experience and infrastructure to support new franchisees.
“As we continue our path as the fastest-growing quick lube chain in the country, we are excited to bring on partners to further increase our footprint in the U.S.,” Rippey said in a news release.
Take 5 Oil Change is a part of the North Carolina-based Driven Brands, the parent company of several automotive aftermarket brands. Driven Brands has over 2,500 centers across North America. Across all brands, the company has generated more than $2.3 billion in system sales.