Start-Up Costs and Fees |
||
| Arthur Treacher's | Quaker Steak & Lube | |
| Investment | 145000 - 268000 | 1800000 - 3700000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | |
| Year Founded | 1969 | 1974 |
| Year Franchised | 1969 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Arthur Treacher's | Quaker Steak & Lube | |
| Experience | Industry experience General business experience | Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service |
Financing Options |
||
| Arthur Treacher's | Quaker Steak & Lube | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Arthur Treacher's | Quaker Steak & Lube | |
| Training | Available at headquarters: 8-10 weeks. | |
| Support | Newsletter, Meetings, Grand opening, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op advertising, National media, Regional advertising |
| Operations | Number of employees needed to run franchise unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Arthur Treacher's | Quaker Steak & Lube | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Arthur Treacher's | |
| Quaker Steak & Lube | |
| Franchise Fee | |
| Arthur Treacher's | |
| Quaker Steak & Lube | |
| Royalty Fee | |
| Arthur Treacher's | 5% |
| Quaker Steak & Lube | 5% |
| Advertising Fee | |
| Arthur Treacher's | |
| Quaker Steak & Lube | 3% |
| Year Founded | |
| Arthur Treacher's | 1969 |
| Quaker Steak & Lube | 1974 |
| Year Franchised | |
| Arthur Treacher's | 1969 |
| Quaker Steak & Lube | 1997 |
| Term Of Agreement | |
| Arthur Treacher's | 10 years |
| Quaker Steak & Lube | |
| Renewal Fee | |
| Arthur Treacher's | Current fee |
| Quaker Steak & Lube | |
Business Experience Requirements |
|
| Experience | |
| Arthur Treacher's | Industry experience General business experience |
| Quaker Steak & Lube | Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service |
Financing Options |
|
| Franchise Fees | |
| Arthur Treacher's | No |
| Quaker Steak & Lube | No |
| Start-up Costs | |
| Arthur Treacher's | |
| Quaker Steak & Lube | |
| Equipment | |
| Arthur Treacher's} | |
| Quaker Steak & Lube | |
| Inventory | |
| Arthur Treacher's | |
| Quaker Steak & Lube | |
| Receivables | |
| Arthur Treacher's | |
| Quaker Steak & Lube | |
| Payroll | |
| Arthur Treacher's | |
| Quaker Steak & Lube | |
Training & Support |
|
| Training | |
| Arthur Treacher's | |
| Quaker Steak & Lube | Available at headquarters: 8-10 weeks. |
| Support | |
| Arthur Treacher's | Newsletter, Meetings, Grand opening, Field operations/evaluations |
| Quaker Steak & Lube | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Arthur Treacher's | Co-op advertising, Ad slicks, Regional advertising |
| Quaker Steak & Lube | Co-op advertising, National media, Regional advertising |
| Operations | |
| Arthur Treacher's | Number of employees needed to run franchise unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| Quaker Steak & Lube | |
Expansion Plans |
|
| US Expansion | |
| Arthur Treacher's | |
| Quaker Steak & Lube | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Arthur Treacher's | |
| Quaker Steak & Lube | |
| International Expansion | |
| Arthur Treacher's | |
| Quaker Steak & Lube | Worldwide, |