Overview of Mobile Oil Change Business
Mobile oil change businesses can make a handsome profit by providing unparalleled convenience in the industry. Learn how to start your own Mobile Oil Change and whether it is the right fit for you. The oil change services market is a $7 billion industry and continues to steadily grow. Offering convenience for customers who don’t have time to drive to a service station or wait in line at their local dealer is a key benefit of mobile oil change businesses.
Profitability of a Mobile Oil Change Business
While an oil change in itself may not yield significant profit, additional services and parts can raise the average profit margin up to 35% per customer. It’s important to note that in the United States, citizens are not prohibited from operating mobile oil change businesses. Initial startup costs range from $2,000 to $10,000, with expenses mainly seen in equipment, trailer, and van purchases.
Profit Margin of an Oil Change
The oil change industry in the U.S. generates substantial revenues, with an average profit margin of 35% per job. Accessories and parts like windshield wipers can provide excellent profit margins for oil change businesses. Franchise opportunities in this sector can bring in net profits ranging from $75,000 to $80,000 annually for business owners.