What is Lubricar?
Founded in 1988 and operating as Jiffy Lube New Mexico, Lubricar is a third-generation fast oil change and automotive service business with deep roots in Southern New Mexico and Arizona. The company has built a reputation for reliable automotive maintenance and repair services, catering to a broad customer base across its operational regions. Its longevity in the competitive automotive aftermarket industry speaks to its robust business model and customer loyalty.
How much funding has Lubricar raised?
Lubricar has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Lubricar
PPP
Public-Private Partnership
What's next for Lubricar?
The recent major strategic investment positions Lubricar for continued growth and operational enhancement. With a substantial enterprise-level funding background, the company is likely to leverage this capital for service expansion, technological upgrades, or market penetration initiatives. This strategic backing suggests confidence from investors in Lubricar's long-term viability and its capacity to capitalize on future opportunities within the automotive service sector.
See full Lubricar company page