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