WHO IS VALVOLINE INSTANT OIL CHANGE?
Established in 1986, Valvoline Instant Oil Change is the second largest lube chain in the United States with 2,300+ locations in 47 states. Our convenient drive-thru service and wide demographic appeal will add to the value of the property and surrounding community.
WHO IS VELOCITY AUTO CARE?
Velocity Auto Care, a Franchise Equity Partners portfolio company, currently owns and operates 40 locations in the Austin, El Paso, San Antonio and West Texas Markets with plans to build an additional 75 centers in the next 7 years. From start to finish, our professional in-house development team will be your responsive development partner. AUV for mature locations is $2.1M, which exceed the system average for Valvoline of $1.7M, with location level EBITDA of 26%. Franchise Equity Partners is a $1BB fund with 11 investments in the broad franchise and multi-unit sector representing over 800 locations with total sales in excess of $4 billion.