Take 5 Oil Change Expanding Into Northeast, Midwest With New Locations

Feb. 6, 2025
Take 5 executive Mo Khalid said the brand has had little issue finding space to open new stores.

Mo Khalid, Take 5 Oil Change’s executive vice president and group president of maintenance, recently outlined plans the brand has for growth this year in an interview with Chain Store Age.

Currently, Khalid said that Take 5 is already pushing ahead into the Northeast and Midwest with plans for new store openings. The brand has plans to double its number of stores in the next four years.

Since it was acquired in 2016, Take 5 has had a strong focus on growing its number of franchisees. Prior to that, the brand’s locations were corporate-owned. Khalid said that Take 5 has had little issue finding space to open new stores, and that its franchisees have had firm understandings of their respective markets.

Additionally, Khalid said store margins have been high, with the time needed to train a new oil change technician being only four weeks. These employees often end up advancing within the company as well, with over 60% of those in leadership roles coming from working in shop bays—two of the company’s current VPs started out in such roles.

Khalid also emphasized the brand’s intentions to hold community events and charity drives, noting the weight it holds for the regions it serves and the company’s mission.

“We get involved in our communities. We support local soccer teams, we have First Responders Month, and we give veterans 25% discounts all year long. We believe in giving back,” said Khalid.

To hear more from Khalid, tune in to this recent NOLN Podcast episode where we chat about Take 5's strategy for growth.

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