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