Uncle Ed's Oil Shoppes

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Uncle Ed's Oil Shoppes - overview

Established

1982

Location

Battle Creek, MI, US

Primary Industry

Retail

About

Uncle Ed's Oil Shoppes is a Michigan-based automotive service provider specializing in quick oil changes and vehicle maintenance, offering a wide array of services designed to enhance vehicle performance and longevity. Founded in 1982 in Battle Creek, US, Uncle Ed's Oil Shoppes provides automotive maintenance services, primarily focused on oil changes. The company has operated with consistent business strategies and has not undergone significant operational pivots. Uncle Ed's was acquired by FullSpeed Automotive, a portfolio company of CenterOak Partners, in October 2020, with undisclosed financial terms.


Uncle Ed's Oil offers a comprehensive range of automotive maintenance services primarily focused on oil change solutions and vehicle upkeep. Their core offerings include full-service oil changes, engine cleaning and treatment, fluid exchanges for transmission and radiators, and fleet maintenance services. The company employs trained technicians to deliver these services quickly, often within a 10-minute timeframe, which aims to enhance customer convenience. The end users of these services are individual vehicle owners, businesses with fleet vehicles, and organizations seeking reliable maintenance solutions.


Uncle Ed's operates 29 locations strategically placed in regions such as Ann Arbor, Battle Creek, Kalamazoo, and the metropolitan Detroit area, serving customers across Michigan while positioning itself as a go-to option for anyone searching for quick and efficient oil change services. Uncle Ed's Oil generates revenue through direct service transactions with customers who visit their locations for automotive maintenance. Customers pay for services such as oil changes, engine treatments, and fluid exchanges at each visit, while also having the option to utilize promotional coupons for discounted rates. The transaction structure is primarily B2C, with services delivered on-site without the need for appointments, which facilitates a high volume of customer interactions.


The flagship service includes their quick oil change, which encompasses various oil types suitable for different vehicle specifications. This model ensures a steady stream of revenue, as repeat business is common due to the nature of vehicle maintenance needs. The pricing structure is reflective of the competitive automotive service industry, aimed at providing value while maintaining service quality. Following its acquisition in October 2020, Uncle Ed's Oil Shoppes plans to leverage new resources for growth and expansion.


Focus areas include introducing innovative products and enhancing service efficiency. The company is also looking to expand its footprint into new markets, with specific targets for increased presence across additional regions in Michigan by 2023. The funding from the acquisition will support these initiatives, aiming to strengthen its service offerings and operational capabilities.


Current Investors

FullSpeed Automotive

Primary Industry

Retail

Sub Industries

Automobile Repair

Website

www.uncleedsoil.com

Verticals

E-commerce

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Uncle Ed's Oil Shoppes - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedUncle Ed's Oil Shoppes-

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