Business

Valvoline Instant Oil Change franchisee buys 39 stores

 

icordle@MiamiHerald.com

Valvoline Instant Oil Change said Friday that one of its franchisees, Metrolube Enterprises, has purchased 39 quick lube stores in Central and South Florida from Southern Express Lubes. The purchase includes 37 Mobil1 Lube Express sites and two Shell Rapid Lube oil change service centers. The stores, mostly in Miami, Orlando, Palm Beach and Fort Myers, will be rebranded as Valvoline Instant Oil Change over the next two months.

Financial terms of the deal were not disclosed.

The acquisition brings Metrolube’s total store count to 55, with 50 of those stores in Florida and five in Massachusetts. Overall, Valvoline Instant Oil Change now has about 900 locations throughout the United States.

INA PAIVA CORDLE

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