Start-Up Costs and Fees |
||
| Jim's Family Restaurant | Quaker Steak & Lube | |
| Investment | 342500 - 433000 | 1800000 - 3700000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 3% | 3% |
| Year Founded | 0 | 1974 |
| Year Franchised | 0 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Jim's Family Restaurant | Quaker Steak & Lube | |
| 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 |
||
| Jim's Family Restaurant | Quaker Steak & Lube | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Jim's Family Restaurant | Quaker Steak & Lube | |
| Training | Available at headquarters: 8-10 weeks. | |
| Support | Support & training are available, please refer to our Franchise Disclosure Document for details. | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | ||
Expansion Plans |
||
| Jim's Family Restaurant | Quaker Steak & Lube | |
| US Expansion | Arizona, Colorado, Nevada, Utah | 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 | |
| Jim's Family Restaurant | |
| Quaker Steak & Lube | |
| Franchise Fee | |
| Jim's Family Restaurant | |
| Quaker Steak & Lube | |
| Royalty Fee | |
| Jim's Family Restaurant | 6% |
| Quaker Steak & Lube | 5% |
| Advertising Fee | |
| Jim's Family Restaurant | 3% |
| Quaker Steak & Lube | 3% |
| Year Founded | |
| Jim's Family Restaurant | 0 |
| Quaker Steak & Lube | 1974 |
| Year Franchised | |
| Jim's Family Restaurant | 0 |
| Quaker Steak & Lube | 1997 |
| Term Of Agreement | |
| Jim's Family Restaurant | 10 years |
| Quaker Steak & Lube | |
| Renewal Fee | |
| Jim's Family Restaurant | 20% of current franchise fee |
| Quaker Steak & Lube | |
Business Experience Requirements |
|
| Experience | |
| Jim's Family Restaurant | |
| 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 | |
| Jim's Family Restaurant | No |
| Quaker Steak & Lube | No |
| Start-up Costs | |
| Jim's Family Restaurant | |
| Quaker Steak & Lube | |
| Equipment | |
| Jim's Family Restaurant} | |
| Quaker Steak & Lube | |
| Inventory | |
| Jim's Family Restaurant | |
| Quaker Steak & Lube | |
| Receivables | |
| Jim's Family Restaurant | |
| Quaker Steak & Lube | |
| Payroll | |
| Jim's Family Restaurant | |
| Quaker Steak & Lube | |
Training & Support |
|
| Training | |
| Jim's Family Restaurant | |
| Quaker Steak & Lube | Available at headquarters: 8-10 weeks. |
| Support | |
| Jim's Family Restaurant | Support & training are available, please refer to our Franchise Disclosure Document for details. |
| Quaker Steak & Lube | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Jim's Family Restaurant | |
| Quaker Steak & Lube | Co-op advertising, National media, Regional advertising |
| Operations | |
| Jim's Family Restaurant | |
| Quaker Steak & Lube | |
Expansion Plans |
|
| US Expansion | |
| Jim's Family Restaurant | Arizona, Colorado, Nevada, Utah |
| 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 | |
| Jim's Family Restaurant | |
| Quaker Steak & Lube | |
| International Expansion | |
| Jim's Family Restaurant | |
| Quaker Steak & Lube | Worldwide, |