Start-Up Costs and Fees |
||
| Cool Hand Luke's | Quaker Steak & Lube | |
| Investment | 373000 - 1817500 | 1800000 - 3700000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 3% | |
| Year Founded | 2004 | 1974 |
| Year Franchised | 2005 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cool Hand Luke's | 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 |
||
| Cool Hand Luke's | Quaker Steak & Lube | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Cool Hand Luke's | Quaker Steak & Lube | |
| 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 | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | ||
Expansion Plans |
||
| Cool Hand Luke'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 | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | |
| Franchise Fee | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | |
| Royalty Fee | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | 5% |
| Advertising Fee | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | 3% |
| Year Founded | |
| Cool Hand Luke's | 2004 |
| Quaker Steak & Lube | 1974 |
| Year Franchised | |
| Cool Hand Luke's | 2005 |
| Quaker Steak & Lube | 1997 |
| Term Of Agreement | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | |
| Renewal Fee | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | |
Business Experience Requirements |
|
| Experience | |
| Cool Hand Luke's | |
| 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 | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | |
| Start-up Costs | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | |
| Equipment | |
| Cool Hand Luke's} | |
| Quaker Steak & Lube | |
| Inventory | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | |
| Receivables | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | |
| Payroll | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | |
Training & Support |
|
| Training | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | Available at headquarters: 8-10 weeks. |
| Support | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | Co-op advertising, National media, Regional advertising |
| Operations | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | |
Expansion Plans |
|
| US Expansion | |
| Cool Hand Luke'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 | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | |
| International Expansion | |
| Cool Hand Luke's | |
| Quaker Steak & Lube | Worldwide, |