Take 5's parent company just restated three years of financials while the bays stay packed. Tyreese on the three numbers every operator has to know cold.
Tyreese Burton
Oil Change Expert
Originally aired 2026-11-08 on the Mobile Oil Change Industry podcast.
Take 5's parent company just restated three years of financials while the bays stay packed. Tyreese on the three numbers every operator has to know cold.
Listen to "Take 5's Books Are a Mess — Yours Can't Be" on the podcast page
Good morning. Welcome in. Sunday morning, coffee's hot, the van's loaded, and we're rolling. Quick one today, but it's a big one, so listen close.
Here's the signal. Tuesday, November third, Driven Brands — that's the parent company of Take 5 Oil Change, the biggest quick lube chain in the country — announced they have to restate three years of their financial statements. Three years. The problem is in how they accounted for fixed assets — the buildings, the equipment, the stuff they own. They delayed their third-quarter earnings call, they won't file their quarterly report on time, and cleaning up the mess is going to cost them at least fifty million dollars this year alone. Their stock dropped double digits since the last report.
Now here's the wild part. The actual oil change business? It's doing great. Take 5 same-store sales were up four point nine percent in the quarter — that's their twenty-fifth straight quarter of growth — and they opened twenty-seven net new stores. The bays are packed. The customers are coming. The books are broken.
Video summary coming soon — a visual breakdown of the key points from this episode.
Tyreese Burton is the owner-operator of MOMS Mobile Oil Change in the Philadelphia area and host of the Mobile Oil Change Industry daily podcast. He covers the business of mobile automotive service — pricing, operations, fleet contracts, and industry shifts — from the driver's seat.
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Expert in mobile oil change services with years of experience helping drivers maintain their vehicles.