Express Oil Change & Tire Engineers

Vehicle Owners Express Lower Satisfaction with Aftermarket Service Providers, J.D. Power Finds

Retrieved on: 
Tuesday, May 2, 2023

Customer satisfaction is lower for the performance of the service advisor, specifically noting increased wait times, and fewer advisors providing helpful advice.

Key Points: 
  • Customer satisfaction is lower for the performance of the service advisor, specifically noting increased wait times, and fewer advisors providing helpful advice.
  • Convenience, speed and price are very attractive to today’s vehicle owners who are looking for excellent service, and aftermarket service providers can leverage those factors to stem the tide of owners going to dealerships.”
    The study, now in its fourth year, measures customer satisfaction with aftermarket service facilities, providing a numerical index ranking of the highest-performing facilities in the U.S. aftermarket.
  • These measures are (in alphabetical order): ease of scheduling/getting vehicle in for service; fairness of charges; service advisor courtesy; service advisor performance; service facility; time to complete service; and quality of work.
  • Aftermarket service providers can get a revenue jolt: The ever-increasing electric vehicle (EV) marketplace service needs and shorter length of service intervals is creating an opportunity for aftermarket service providers.

TSG Consumer Partners Announces Promotions

Retrieved on: 
Tuesday, December 20, 2022

TSG Consumer Partners (“TSG”), a leading private equity firm, today announced the promotions of Adam Hemmer to Managing Director (San Francisco), Alec Barnett (New York), Sam Pritzker (New York) and James Zelnick (San Francisco) to Principal, Alec Fogarty to Senior Vice President (San Francisco), Parker Brown to Vice President (New York) and Josh Ronson to Senior Associate (London).

Key Points: 
  • TSG Consumer Partners (“TSG”), a leading private equity firm, today announced the promotions of Adam Hemmer to Managing Director (San Francisco), Alec Barnett (New York), Sam Pritzker (New York) and James Zelnick (San Francisco) to Principal, Alec Fogarty to Senior Vice President (San Francisco), Parker Brown to Vice President (New York) and Josh Ronson to Senior Associate (London).
  • Prior to joining TSG, Mr. Hemmer was a consultant at Kurt Salmon, where he advised private equity and consumer products clients.
  • Alec Barnett joined TSG in 2016 and has worked with partner companies including Thrive Pet Healthcare, Mavis Discount Tire, Rough Country, and PowerStop, in addition to performing due diligence for TSG investments.
  • TSG Consumer Partners, LP is a leading private equity firm with approximately $20 billion in assets under management that partners with founders and management teams to build and accelerate growth for best-in-class consumer-facing businesses.

Blo Blow Dry Bar Opens Newest Bar at the St Johns Town Center

Retrieved on: 
Friday, October 28, 2022

JACKSONVILLE, Fla., Oct. 28, 2022 (GLOBE NEWSWIRE) -- Blo Blow Dry Bar, North America's original blow dry bar franchise, announced its October opening of one of its newest bars, Blo St Johns Town Center.

Key Points: 
  • JACKSONVILLE, Fla., Oct. 28, 2022 (GLOBE NEWSWIRE) -- Blo Blow Dry Bar, North America's original blow dry bar franchise, announced its October opening of one of its newest bars, Blo St Johns Town Center.
  • Blo St Johns Town Center is located in the heart of the St Johns Town Center at 4668 Town Crossing Drive, Suite 113, Jacksonville, Florida, across from PF Changs.
  • The community is invited to celebrate Blo St Johns Town Center's Grand Opening Party on Saturday, Nov. 5, 2022, from 3PM - 7PM.
  • Blo St Johns Town Center will be open Monday - Thursday 7 a.m. - 8 p.m. Friday - Saturday 7 a.m. - 9 p.m. and Sunday 9 a.m. - 6 p.m. For more information on Blo St Johns Town Center, please visit https://blomedry.com/blo-st-johns/
    Blo Blow Dry Bar is North America's original blow dry bar franchise.

Ease of Doing Business with Aftermarket Service Providers Key Advantage over Franchised New-Vehicle Dealers, J.D. Power Finds

Retrieved on: 
Wednesday, June 8, 2022

Vehicle owners say the ease of doing business with an aftermarket service facility is a key reason they choose them rather than a franchised new-vehicle dealer for some types of service.

Key Points: 
  • Vehicle owners say the ease of doing business with an aftermarket service facility is a key reason they choose them rather than a franchised new-vehicle dealer for some types of service.
  • Power 2022 U.S. Aftermarket Service Index (ASI) Study,SM released today, dealer service facilities hold an advantage in consumer perception with one exception: customers say aftermarket service providers are easy to do business with, outperforming dealer service facilities specific to general maintenance, tire replacement and oil change services.
  • These measures are (in alphabetical order): ease of scheduling/getting vehicle in for service; fairness of charges; service advisor courtesy; service advisor performance; service facility; time to complete service; and quality of work.
  • Following are key findings of the 2022 study:
    Singular advantage: Across the measures of customer trust with a service provider, new-vehicle dealers perform better than aftermarket service providers in seven of eight attributes, with the exception being ease of doing business.

FCPT Announces Acquisition of an Express Oil Change Property for $1.5 Million

Retrieved on: 
Wednesday, March 30, 2022

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (FCPT or the Company), is pleased to announce the acquisition of an Express Oil Change property for $1.5 million.

Key Points: 
  • Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (FCPT or the Company), is pleased to announce the acquisition of an Express Oil Change property for $1.5 million.
  • The property is located in a highly trafficked corridor in Mississippi and is occupied under a triple net lease to the corporate entity with approximately eleven years of term remaining.
  • The transaction was priced at a 6.3% capitalization rate, exclusive of transaction costs.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties.

Trivest Announces Promotions Across the Firm

Retrieved on: 
Tuesday, February 1, 2022

Trivest Partners (Trivest or the Firm) is pleased to announce the following promotions a recognition of accomplishment that fully exemplifies the depth of talent and experience on the internally-grown Trivest team.

Key Points: 
  • Trivest Partners (Trivest or the Firm) is pleased to announce the following promotions a recognition of accomplishment that fully exemplifies the depth of talent and experience on the internally-grown Trivest team.
  • Todd joined Trivest in 2008 and manages all operational aspects of the Firm including overall strategy, investor relations, human resources, finance/accounting, and marketing.
  • Ryan joined Trivest in 2019 and presides over all aspects of strategy, design, production, and management of the Trivest brand.
  • Were thrilled to recognize their accomplishments and contributions to the firm, said Troy Templeton, Managing Partner at Trivest.

FCPT Announces Acquisition of Two Express Oil Change Properties for $4.6 Million

Retrieved on: 
Thursday, December 23, 2021

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (FCPT or the Company), is pleased to announce the acquisition of two Express Oil Change properties for $4.6 million.

Key Points: 
  • Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (FCPT or the Company), is pleased to announce the acquisition of two Express Oil Change properties for $4.6 million.
  • The properties are located in highly trafficked corridors in Mississippi and both leases are with the corporate entity.
  • The transaction was priced at a 6.3% going-in cash capitalization rate, exclusive of transaction costs.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties.

Today at Amazon Accelerate: Amazon Launches New Local Selling Capabilities to Help Small Businesses Grow by Reaching More Customers in Their Area

Retrieved on: 
Thursday, October 21, 2021

Today at the Accelerate 2021 conference, Amazon (NASDAQ: AMZN) announced Amazon Local Selling, a new set of services that enables local, regional, and national retailers to start or expand their Amazon businesses by offering both in-store pickup and fast delivery to local customers.

Key Points: 
  • Today at the Accelerate 2021 conference, Amazon (NASDAQ: AMZN) announced Amazon Local Selling, a new set of services that enables local, regional, and national retailers to start or expand their Amazon businesses by offering both in-store pickup and fast delivery to local customers.
  • When making an order, customers can select in-store pickup and receive a notification when it is ready that day.
  • Sellers who are interested in joining Local Selling can apply at sell.amazon.com/local as the program expands this year and during 2022.
  • Amazon sellers have created an estimated 1.8 million U.S. jobs managing, operating, and supporting their Amazon-related businesses.

Synchrony And Fiserv Expand Strategic Partnership With Payment Options For Merchants And Their Customers Via Clover

Retrieved on: 
Thursday, October 14, 2021

As small businesses -- from automotive repair to retail to business services -- seek solutions to grow, this partnership will help them quickly and easily access payment and financing options, resulting in a simpler and more seamless customer experience. Synchrony will seek to expand its reach to the robust portfolio of Clover merchants by being the first company to enable Clover merchants to accept private label card payments via Clover. Synchrony clients will also be able to access the broad suite of Synchrony's products such as revolving credit and short-term and long-term installment loans. The partnership of Synchrony and Fiserv will explore additional opportunities to cross-sell Synchrony products to existing Clover merchants.

Key Points: 
  • Synchrony will seek to expand its reach to the robust portfolio of Clover merchants by being the first company to enable Clover merchants to accept private label card payments via Clover.
  • The partnership of Synchrony and Fiserv will explore additional opportunities to cross-sell Synchrony products to existing Clover merchants.
  • The expanded strategic partnership between Synchrony and Fiserv involving the Clover platform will initially focus on:
    Synchrony Availability inCloverApp Market: Synchrony will join the Clover App Market , one of the largest POS app markets currently available.
  • Merchants using any Clover device will be able to download the Synchrony appin the Clover App Market.

ClearAngel Invests $10,000 in Handmade Candle Brand Florida Candle Co

Retrieved on: 
Thursday, August 12, 2021

Florida Candle Co was founded in 2019 by Nathan Ward, who turned his dream of creating ethical, fragrant candles into reality.

Key Points: 
  • Florida Candle Co was founded in 2019 by Nathan Ward, who turned his dream of creating ethical, fragrant candles into reality.
  • Now, with ClearAngel's support, Florida Candle Co will be creating new growth opportunities such as subscription services and a new line of fragrance products.
  • With ClearAngel's backing, Florida Candle Co plans to fuel its online marketing channels, increase e-commerce revenue, and then open up its first storefront.
  • To learn more about Florida Candle Co and purchase their sustainably-sourced, toxin-free soy candles, visit floridacandleco.com .