Start-Up Costs and Fees |
||
| Quaker Steak & Lube | Original Joe's | |
| Investment | 1800000 - 3700000 | 950000 - 950000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | 2% |
| Year Founded | 1974 | 1998 |
| Year Franchised | 1997 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Quaker Steak & Lube | Original Joe's | |
| 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 | Original Joe's | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Quaker Steak & Lube | Original Joe's | |
| Training | Available at headquarters: 8-10 weeks. | 30 days at corporate office and up to 14 days onsite at franchise location |
| Support | 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 |
||
| Quaker Steak & Lube | Original Joe's | |
| 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 | |
| Quaker Steak & Lube | |
| Original Joe's | |
| Franchise Fee | |
| Quaker Steak & Lube | |
| Original Joe's | |
| Royalty Fee | |
| Quaker Steak & Lube | 5% |
| Original Joe's | 5% |
| Advertising Fee | |
| Quaker Steak & Lube | 3% |
| Original Joe's | 2% |
| Year Founded | |
| Quaker Steak & Lube | 1974 |
| Original Joe's | 1998 |
| Year Franchised | |
| Quaker Steak & Lube | 1997 |
| Original Joe's | 0 |
| Term Of Agreement | |
| Quaker Steak & Lube | |
| Original Joe's | 10 years |
| Renewal Fee | |
| Quaker Steak & Lube | |
| Original Joe's | 50% of then curr. Fran. 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 |
| Original Joe's | |
Financing Options |
|
| Franchise Fees | |
| Quaker Steak & Lube | |
| Original Joe's | |
| Start-up Costs | |
| Quaker Steak & Lube | |
| Original Joe's | |
| Equipment | |
| Quaker Steak & Lube} | |
| Original Joe's | |
| Inventory | |
| Quaker Steak & Lube | |
| Original Joe's | |
| Receivables | |
| Quaker Steak & Lube | |
| Original Joe's | |
| Payroll | |
| Quaker Steak & Lube | |
| Original Joe's | |
Training & Support |
|
| Training | |
| Quaker Steak & Lube | Available at headquarters: 8-10 weeks. |
| Original Joe's | 30 days at corporate office and up to 14 days onsite at franchise location |
| Support | |
| Quaker Steak & Lube | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Original Joe's | |
| Marketing | |
| Quaker Steak & Lube | Co-op advertising, National media, Regional advertising |
| Original Joe's | |
| Operations | |
| Quaker Steak & Lube | |
| Original Joe's | |
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 |
| Original Joe's | |
| Canada Expansion | |
| Quaker Steak & Lube | |
| Original Joe's | |
| International Expansion | |
| Quaker Steak & Lube | Worldwide, |
| Original Joe's | |