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Oil Change & Fast Lube Services – Industry Research, Analysis, Statistics, and Forecasts

SIC 7549  |  NAICS 811191

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Industry Research Reports
Oil Change Services  (view report)
Auto Repair Services  (view report)
Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Sample report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

Automotive Oil Change Association
You Auto Know / Government Affairs Update

Monthly publications provide news and information for fast lube operators, with the "You Auto Know" e-newsletter providing information on industry and trade association news, events, and activities and the "Government Affairs Update" providing information on state and federal legislative and regulatory matters and the association's advocacy efforts with regard to these matters on behalf of its members.

Resources available from this organization include:

National Oil & Lube News
Monthly trade publication features news and information for fast lube operators, with special features including the annual "Guide to Programs & Franchises" which provides information on franchise and licensing programs, the "TOPS in the Industry Study" which ranks companies with six or more stores by total stores, and the "Operators Survey" which provides detailed financial and operating statistics.

TOPS in the Industry Study
Annual report ranks the top chains by total number of independent, company-owned, and franchised facilities that receive the majority of their sales from oil changes and other maintenance services that can be performed in less than 30 minutes, with a chain defined as six or more facilities owned by the same organization, individual, or business entity and/or operating under the same or similar signage.

Operators Survey
Annual operator survey provides detailed statistical data for fast lube operations, with topics covered by the survey including business profile, customer demographics, services offered, prices for various types of oil changes, best selling products by product type and brand name, shop operations, annual gross sales, expenses and pretax profit as a percentage of gross sales, and employment and wages.

Mintel Group Ltd.
Oil Changing Services - US

Consumer research report provides an in-depth analysis of the U.S. market for oil changing services, with topics covered in the study including market size and forecast, factors affecting demand, market share percentages for major companies and brands, factors that affect selection of service providers, and reasons for choosing a specific service location. Detailed table of contents can be viewed online.

Freedonia Group
Global Automotive Lubricants

Comprehensive research study provides a detailed analysis of the automotive lubricants market, with information provided including historical demand and forecasts by type of vehicle (e.g., light, medium and heavy duty, off-highway), product (e.g., motor oil, transmission/hydraulic fluids, gear oil/greases), formulation (e.g., conventional, synthetic, re-refined, bio-based), and geographic market (e.g., U.S.).

BizMiner Market Analysis Reports
Automotive Oil Change & Lubrication Shops  Search for "811191" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports »

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Automotive Oil Change & Lubrication Shops  Search for "811191" to see available reports
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Oil Change Services
(see links for individual reports)  (sample spreadsheet)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and over twenty-five industry financial ratios, with financial ratios provided for the each of the four most recent calendar years and on a historical average basis for 3-year, 5-year, and 10-year time periods. Sample spreadsheet with breakdowns by asset size can be viewed free online.

Operators Survey

Annual operator survey provides detailed statistical data for quick lube operations, with financial data provided in the survey including annual gross sales by sales range (e.g., > $500,000, $500,000 to $1 million, $1 to $2 million, > $2 million) and cost of goods sold, operating expenses, lease or mortgage expense, payroll expense, other expense, and net profit before taxes as a percentage of gross sales.

More financial benchmarking data »

Compensation and Salary Surveys

Operators Survey

Annual operators survey provides detailed statistical data for quick lube operations, with employment and wage data provided including average number of employees per store, length of employment for managers and technicians, average minimum wage per hour, average starting wage for technicians, average annual salary for managers and technicians, and companies paying a commission or bonus.

PayScale, Inc.
Automotive Oil Changing & Lubrication

Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as operations manager, service center manager, automotive service technician, lube technician, and customer service advisor, with employers for which data is provided including Jiffy Lube International Inc., Heartland Automotive Services Inc., Grease Monkey Holding Corporation, and Valvoline Oil Inc.

More compensation surveys »

BV Guides and Databases

Private Company Sales Transaction Databases
Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for public and private company sales transactions by SIC or NAICS Code. These databases provide detailed information for sales transactions including sales price and terms, purchase price allocation, target financial data, and deal-derived valuation multiples. Sample reports can be viewed free online.

More valuation data »

Related Industries:
Auto Repair Services
Automobile Dealers
Lubricant Manufacturers
Truck Repair Services


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