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Strickland Brothers 10 Minute Oil Change
Strickland Brothers 10 Minute Oil Change serves drivers nationwide with fast, friendly, and dependable drive-thru oil changes. Founded in 2016 and...
Strickland Brothers 10 Minute Oil Change
Strickland Brothers 10 Minute Oil Change serves drivers nationwide with fast, friendly, and dependable drive-thru oil changes. Founded in 2016 and headquartered in Winston-Salem, NC, we’ve grown to 280+ corporate and franchise-owned locations and continue expanding each year. As a family-founded company, we’re built on strong values and a commitment to customer-first service. We invest in our people, communities, and operations to deliver service at the speed of life.
General information
Firm type
Asset Manager
Year founded
2016
Location
Region
North America
Country
United States
City
Winston-Salem
Corporate office
Winston-Salem, NC, United States
Principals
Justin Strickland
Founder
Sector focus
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.
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