Costa Oil – 10 Minute Oil Change has been named in Inc.’s 5000 List, which annually recognizes the top 5,000 fastest growing companies in the U.S., according to a recent press release.
The 2024 Inc. 5000 list ranks 5,000 companies based on their percentage revenue growth from 2020 through 2023. Companies that qualify must have been founded and generating revenue by March 31, 2020.
In that time, Costa Oil experienced 166% revenue growth, bringing it to spot No. 3008 this year. It marks the company’s third appearance on the list, coming in at spot No. 2470 in 2021 and at No. 1113 in 2020.
“As Costa Oil has continued its upward growth to more than 50 franchise and company-owned locations around the country, we have kept a close watch on the varied dynamics impacting the quick lube industry,” said Founder and CEO Costa Kapothanasis, who recently bought out Costa Franchising LLC shareholders and gained full ownership over the brand.
“Unlike most of our competitors, we are committed to the oil change only model as we have seen and heard from thousands of customers over the years that they appreciate the convenience and value we offer with our fast and affordable services,” Kapothanasis added.
