Originally Posted by BucDan
Originally Posted by The Critic
Originally Posted by BucDan
Man, what's the cost for their oil whole sale? $100 for 5 quart change job, ~$20 oil, then a $10 filter, profit margins are pretty good. Especially if you opened your own franchise and only work it with 2-3 people in the family. But at that point, why not just open an independent shop?
Wholesale pricing for major brand synthetic oil is not as great as you would expect. Pricing is about the same as Walmart, at best, if you buy in bulk tanks. Otherwise, you are in the $5-$7/qt range for the ecoboxes.
[censored], get on a sales line with Warren Dist. and buy their oil in barrels. That should probably be good. I mean, when Walmart was clearancing 0W-16 not too long ago for $7/5quarts, they had to have broke even or close to breaking even to move stock, right?
It all depends on the branding. If you are Jiffy Lube, you have to at least offer Pennzoil. If you are an independent quick lube then it is a different story. My cost on the generic brand synthetic oils (in ecoboxes) is between $2-$3/qt.
Don't forget that bulk tanks have a fixed cost and you can only store so many of them.