LEXINGTON, Ky., Oct. 21,
2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV),
the quick, easy, trusted leader in preventive automotive
maintenance, today announced that Valvoline Instant Oil
Change℠ ranks 40th in the Franchise
Times Top 400. The Franchise Times Top 400 is the most
comprehensive ranking of the largest U.S. franchise systems. Its
results are determined by global systemwide sales from the previous
year and based on a five-month research and reporting
process that considers a variety of factors.
"We are dedicated to growing our franchise network and providing
the highest quality support to our franchise partners," said
Valvoline Inc. CEO and President, Lori Flees. "Ranking in the
top 40 shows our commitment to offering an attractive franchise
investment opportunity for both new and existing partners."
Valvoline Inc. franchises over half of its Valvoline Instant Oil
Change locations in the United
States. Service centers perform stay-in-your-car oil changes
in about 15 minutes and offer a wide range of preventive
maintenance services, including tire rotations and fluid and
battery replacements. To see all Valvoline Instant Oil Change
services and to find a location near you, please visit
vioc.com.
To learn more about the Valvoline Instant Oil Change franchising
community and opportunities, visit us
at viocfranchise.com.
About Valvoline Inc.
Valvoline Inc. (NYSE: VVV) is
the quick, easy, trusted leader in automotive preventive
maintenance. Valvoline Inc. is creating shareholder value by
driving the full potential in our core business, accelerating
network growth and innovating to meet the needs of customers and
the evolving car parc. With approximately 2,000 service centers
throughout North America,
Valvoline Inc. and our franchise partners keep customers moving
with our 4.6 out of 5 star* rated service that includes 15-minute
stay-in-your-car oil changes; battery, bulb and wiper replacements;
tire rotations; and other manufacturer recommended maintenance
services. In fiscal year 2023, Valvoline's network delivered
approximately 27 million services to generate $1.4 billion in revenue from $2.8 billion in system-wide store sales, marking
17 years of consecutive system-wide same-store sales growth. At
Valvoline Inc., it all starts with our people, including our more
than 10,000 team members and strong, long-standing franchise
partners. We are proud to be an 11-time winner of the BEST Award
for training excellence and a top-rated franchisor in our category
by Entrepreneur and Franchise Times. To learn more, or to find a
service center near you, visit vioc.com.
* Based on a survey of more than 900,000 Valvoline Instant Oil
Change℠ customers annually
™ Trademark, Valvoline Inc., or its subsidiaries, registered in
various countries
℠ Service mark, Valvoline Inc., or its subsidiaries, registered in
various countries
For Further Information
Investor Inquiries
Elizabeth Clevinger
+1 (859) 357-3155
IR@valvoline.com
Media Inquiries
Angela Davied
+1 (877) 508-0832
media@valvoline.com
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SOURCE Valvoline Inc.