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Franchise Opportunity Deep Dive: SpeeDee Oil Change & Auto Service businesses provide oil changes and preventative maintenance services for cars and trucks to the general public.
SpeeDee Oil Change & Auto Service offers oil changes and preventative maintenance services for local communities. Each location offers fast, reliable and trusted service.
SpeeDee Oil Change & Auto Service was founded in 1980 in Metairie, Louisiana, with the promise of fast oil changes and honest service. The brand began franchising in 1982 and eventually expanded into brake, maintenance and inspection services in 1994, rebranding as a full-service automotive care provider.
Mission: SpeeDee aims to make vehicle maintenance fast, convenient and trustworthy through honest service and customer-focused care.
Vision: SpeeDee’s vision is to build on its neighborhood service model by empowering teams to create a better automotive maintenance experience.
SpeeDee Oil Change & Auto Service is currently offering franchise opportunities in all U.S. states, with the exception of Washington, Alaska and Hawaii.
For more information on franchise opportunities with SpeeDee, contact the franchisor directly.
Initial Costs: The estimated initial investment required to begin operation of a SpeeDee Oil Change & Auto Service franchise ranges from $708,057 to $2,284,321. The 2026 Franchise Disclosure Document (FDD) breaks these costs down as follows:
| Type of Expenditure | Min | Max |
| Initial Franchise Fee | $39,900 | $39,900 |
| Real Estate | $24,000 | $125,000 |
| Building Work | $350,000 | $1,200,000 |
| General Site Work | $75,000 | $450,000 |
| Due Diligence, Permits, Design and Plans | $25,000 | $80,000 |
| FF&E Package & Installation | $87,250 | $200,100 |
| Grand Opening Costs | $10,000 | $10,000 |
| Initial Inventory | $25,000 | $35,000 |
| Signs | $20,000 | $40,000 |
| Supplies | $3,000 | $5,000 |
| Initial Training - Travel & Lodging Expenses | $3,300 | $6,000 |
| Computer Hardware and Software | $7,500 | $10,000 |
| Point of Sale Maintenance Fee | $1,107 | $3,321 |
| Prepaid Expenses | $2,000 | $5,000 |
| Additional Funds (3 Months) | $35,000 | $75,000 |
Initial Franchise Fee: The initial franchise fee for a single SpeeDee center is $39,900 for the first unit, $20,000 for the second unit and $15,000 for each additional unit. These fees are payable upon signing the franchise agreement and/or multi-unit agreement.
SpeeDee offers a discounted initial franchise fee of $29,900 for qualifying U.S. military veterans, first responders and their spouses.
Ongoing Fees: According to the 2026 FDD, SpeeDee Oil Change & Auto Service franchisees are responsible for the following ongoing payments and fees:
| Type of Fee | Amount |
| Royalty | 6.0% of gross revenues/month |
| Advertising Contribution | 0.5% of gross revenues/month |
| Point of Sale (POS) Maintenance Fee | $193 - $369/month |
ROI Potential: According to the 2026 FDD, the 45 franchises operating for the entirety of 2025 reported the following average sales:
| Quartile | Average | Median | High | Low |
| Top 1/4 (12) | $2,108,114 | $2,093,775 | $3,132,903 | $1,550,235 |
| Second 1/4 (11) | $1,164,008 | $1,102,497 | $1,523,908 | $994,136 |
| Third 1/4 (11) | $838,688 | $885,262 | $958,672 | $720,007 |
| Bottom 1/4 (11) | $566,892 | $576,544 | $708,536 | $424,398 |
SpeeDee helps franchisees prepare for launch through assistance with site selection, lease negotiation, store design and construction guidance. The brand also provides support with equipment purchasing, grand opening planning and other key milestones leading up to opening day.
Franchisees and key team members participate in a combination of classroom instruction, hands-on learning and online education through FullSpeed University. Training covers everything from operational procedures and customer service to technical skills and leadership development.
After opening, franchisees receive ongoing coaching from dedicated support directors who help monitor performance, identify opportunities and navigate day-to-day challenges. SpeeDee also provides marketing guidance and access to established operating systems and best practices developed across the broader FullSpeed network.
Franchisees have access to a modern point-of-sale system, online learning platforms and employee certification programs designed to support consistency and growth. The brand also offers mapping and demographic tools, website resources and reputation management support to help owners run and market their businesses effectively.
While automotive experience is preferred, it’s not required. Ideal candidates have a strong work ethic and a desire to treat guests with honesty and respect.
Semi-absentee ownership is available, but “absentee” doesn’t mean hands off. Owners are expected to remain engaged in the business and ensure the team is properly trained and consistently meeting brand standards.
While there is no direct financing option with SpeeDee, there are several banks and financial institutions with which the team has preferred relationships. These banks offer both SBA and conventional financing.
“This [SpeeDee] will give me an opportunity to live my life the way I want. I was managing properties for an oil company in the Gulf of Mexico. I have had people call me to ask, ”Do you miss it?” I don't miss it. I don’t miss any of that. I love getting up, going to my shop, opening it up. And I like talking to people.”
- Mark Freeman, Franchisee — Hammond, Louisiana
“The SpeeDee leadership team is very professional. In old jobs, I’ve always had leadership that was very brash and ruled with an iron fist and used fear as a tool to get you to do what they wanted you to do. I didn’t get that feeling at all with SpeeDee. They’ve always been very helpful and answered all of my questions. Sometimes things go wrong and customers have issues, and when that happens, I can reach out to one of my fellow franchisees or to a member of the SpeeDee leadership team. There is always someone I can text or call who can help me.”
- Garland Moore, Multi-Unit Franchisee — North Carolina and Virginia
“SpeeDee’s business model is really second to none. It’s as honest as it gets — it really just goes back to that same family-oriented atmosphere. SpeeDee doesn’t take advantage of people and try to milk them for every penny. Customers bring their cars to our shops and trust us to do the best work we can for a fair price.”
- Teresa Wanderstadt, Multi-Unit Franchisee — California
Visit the SpeeDee franchise website for more franchisee testimonials and success stories.
The global automotive repair and maintenance industry had a market size of $828.2 billion in 2025, and is projected to reach $875.5 billion in 2026. This is in part due to the average age of vehicles rising with vehicle retention growing.
SpeeDee’s primary competitors include Jiffy Lube, Valvoline Instant Oil, Pep Boys and Firestone Complete Auto Care.
SpeeDee differs from competition because it has 40 years of expertise behind it through delivering transparency and building trust with consumers. Its signature service and 17-point inspection are provided with speed, skill and straight talk.
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