Valvoline Instant Oil Change
Lexington, KY · Founded 1988 · VIOC
Valvoline Instant Oil Change Franchising, Inc. offers license and development agreements for the establishment and operation of quick-service oil change centers that provide engine oil changes, chassis lubrication, preventive maintenance, and other automotive services.
Units by Year
Total outlets at year end, from FDD Item 20.
The Investment
For the first 12 months of the initial term, 2% of Adjusted Gross (“AGR”); Revenue for the second 12 months of the initial term, 3% of AGR, then 6% of AGR or a graduated royalty rate between 4% and 6% of AGR.
Leadership
Lori A. Flees
President, Chief Executive Officer and Director
Kevin Willis
Chief Financial Officer
Julie M. O’Daniel
Senior Vice President, Chief Legal Officer and Corporate Secretary
Adam C. Worsham
Senior Vice President and Chief Franchise Officer
Alexis Bowling
Director, Secretary and Assistant General Counsel
Linne Fulcher
Senior Vice President and Chief Operating Officer
Victoria Clontz
Senior Franchise and Commercial Counsel
Jordan Denny
Treasurer, Vice President Investor Relations and Corporate Development
Brian Tabb
Senior Vice President and Chief Development Officer
Ian Lofwall
Assistant Secretary and Deputy General Counsel
On File
Franchise Disclosure Documents
Also in Oil-Change Services
More in Automotive→Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.