Express 10 Minute Lube
The total investment to open a Express 10 Minute Lube franchise ranges from $1.6M to $3.8M. The initial franchise fee is $50,000. Ongoing royalties are 5%.
What is the Express 10 Minute Lube franchise?
Express 10 Minute Lube is an automotive business that provides oil changes for vehicle owners. The estimated initial investment is $1,600,000 to $3,815,000, and the initial franchise fee is $50,000.
The royalty is 5 percent of sales. The franchise agreement lasts 10 years. The brand was founded in 1979 and is headquartered in Birmingham, AL.
Loan Activity Score
39/100
SBA Default Rate
0.0%
Active Lenders
2
According to its Franchise Disclosure Document or public business records, Express 10 Minute Lube has 2 locations, all owned by franchisees. Public SBA loan records show 2 lenders made 2 loans to franchisees of Express 10 Minute Lube. PeerSense calculates Express 10 Minute Lube's score as 39 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1979 · 2 locations
$1.6M to $3.8M
$50,000
2
2 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Express 10 Minute Lube
2
Total SBA loans
$291K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Express 10 Minute Lube
Loan Activity Score Breakdown
New or niche (1 to 2 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 10.0% peer avg
SBA Loans
2
Total Volume
$0.6M
Active Lenders
2
States
2
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Express 10 Minute Lube based on SBA lending data
SBA Default Rate
0.0%
10.0% below peer avg
SBA Loan Volume
2 loans
Across 2 lenders
Lender Diversity
2 lenders
Avg 1.0 loans per lender
Investment Tier
Premium investment
$1,600,000 to $3,815,000 total
Express 10 Minute Lube: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
1996
2 approvals. The best year on record for Express 10 Minute Lube.
Top SBA State
Alabama
1 SBA financed Express 10 Minute Lube locations, the densest operator footprint.
Average Loan Size
$291K
Median $291K. Use as a sizing anchor when modeling your own Express 10 Minute Lube unit.
Lender Concentration
100%
Concentrated
Share of Express 10 Minute Lube approvals captured by the top 3 SBA lenders.
Express 10 Minute Lube's SBA lending pipeline peaked in 1996 (2 approvals). Operator density is highest in Alabama with 1 SBA financed locations. Average funded ticket sits at $291K, with the median at $291K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$16,563
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Express 10 Minute Lube, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman