Asset Manager

Updated:

Strickland Brothers 10 Minute Oil Change

Justin Strickland's drive-thru oil-change operator runs 280+ locations across 27 states, performing 1.7M oil changes annually.

Strickland Brothers 10 Minute Oil Change

Justin Strickland founded the company in December 2016, naming it after his two sons, Tate and Beckett. He started his career as a technician under Mark Agan in 2010 and sold his first quick-lube concept, Taterbugs, before launching Strickland Brothers with a single site in Thomasville, North Carolina. His grandfather underwrote the original venture with a $35,000 loan against the family home in 2012. The company operates a drive-thru model for oil changes, state inspections, and fluid checks across 280-plus corporate and franchise locations. It entered car washes in June 2022, acquiring Trademark Car Wash and Quick Shine Car Wash. The business spans 27 U.S. states and processes more than 1.7 million services a year. Its fleet-services division services commercial accounts. Strickland Brothers scaled from 13 locations at year-end 2019 to 24 in 2020, 60 in 2021, and over 150 by year-end 2022, with another 200 units in the development pipeline. Recent press confirms it now operates beyond 280 open sites. Franchise inquiries are directed through the corporate office in Winston-Salem, with Mason Bennett handling new unit growth. The firm is not a passive family office but an operator executing a consolidation strategy in fragmented automotive aftermarket real estate. It uses a hub-and-spoke model where oil-change shops anchor small-footprint properties, often adding car wash and inspection revenue lines post-acquisition. This operating-company architecture, rather than a diversified portfolio, is its structural differentiator.

General information

Firm type

Asset Manager

Year founded

2016

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Winston-Salem

Corporate office

Winston-Salem, NC, United States

Principals

Justin Strickland

Founder

Sector focus

Mobility & TransportationReal EstateFranchise Operations

Frequently asked questions

Who runs investment decisions at Strickland Brothers?

Founder Justin Strickland leads investment and growth strategy. He started his first quick-lube shop in Greensboro, NC, in 2012 and has driven every expansion milestone since the 2016 founding of Strickland Brothers. Franchise development and M&A, including the 2022 car wash acquisitions, are managed out of the Winston-Salem headquarters.

How does Strickland Brothers structure its growth?

The firm expands through a mix of corporate location builds and franchise agreements, with a clear acquisition bent — it bought Trademark Car Wash and Quick Shine Car Wash in June 2022 to bolt car-wash services onto its oil-change footprint. Its early 'Road to Thirty' plan targeted 30 communities, and it has since exceeded 280 locations with hundreds more in the pipeline.

Is this a family office or an operating business?

Strickland Brothers is an operating business, not a family office or externally managed fund. Justin Strickland runs the company directly, and the wealth it generates is tied to the performance of its real estate footprint and franchise system rather than diversified financial assets. The corporate entity handles M&A, franchising, and fleet services.

What sectors does Strickland Brothers invest in?

The firm concentrates on mobility and real estate through quick-lube oil changes, car washes, and vehicle inspections. It entered the car-wash segment in 2022 with two acquisitions and also serves commercial fleets, but its core business remains the 10-minute drive-thru oil-change model rolled out across hundreds of small-footprint properties.

Does Strickland Brothers take outside capital or remain founder-funded?

Justin Strickland funded his first shop with a $35,000 loan from his grandfather, 'PawPaw,' who took out a loan against the family home. Public disclosures do not clarify whether later growth involved institutional capital, but the firm actively markets franchise opportunities, suggesting unit-level capital from owner-operators is part of the expansion model.

What is Strickland Brothers' known posture on add-on acquisitions?

The firm has demonstrated an appetite for add-on acquisitions, as seen in the June 2022 purchase of Trademark Car Wash and Quick Shine Car Wash. These deals allowed it to attach car wash services to existing oil-change sites and expand its per-location revenue profile.

How many locations does Strickland Brothers currently operate?

Strickland Brothers operates over 280 locations across 27 U.S. states, with more than 200 additional locations in its development pipeline. The company performed 1.7 million oil changes in a recent twelve-month period, according to its mid-2020s corporate disclosures.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on family offices?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo