Start-Up Costs and Fees |
||
| Quaker Steak & Lube | Arthur Treacher's | |
| Investment | 1800000 - 3700000 | 145000 - 268000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | |
| Year Founded | 1974 | 1969 |
| Year Franchised | 1997 | 1969 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Quaker Steak & Lube | Arthur Treacher'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 | Industry experience General business experience |
Financing Options |
||
| Quaker Steak & Lube | Arthur Treacher's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Quaker Steak & Lube | Arthur Treacher's | |
| 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 | Newsletter, Meetings, Grand opening, Field operations/evaluations |
| Marketing | Co-op advertising, National media, Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
| Operations | Number of employees needed to run franchise unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Quaker Steak & Lube | Arthur Treacher'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 | |
| Arthur Treacher's | |
| Franchise Fee | |
| Quaker Steak & Lube | |
| Arthur Treacher's | |
| Royalty Fee | |
| Quaker Steak & Lube | 5% |
| Arthur Treacher's | 5% |
| Advertising Fee | |
| Quaker Steak & Lube | 3% |
| Arthur Treacher's | |
| Year Founded | |
| Quaker Steak & Lube | 1974 |
| Arthur Treacher's | 1969 |
| Year Franchised | |
| Quaker Steak & Lube | 1997 |
| Arthur Treacher's | 1969 |
| Term Of Agreement | |
| Quaker Steak & Lube | |
| Arthur Treacher's | 10 years |
| Renewal Fee | |
| Quaker Steak & Lube | |
| Arthur Treacher's | Current 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 |
| Arthur Treacher's | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Quaker Steak & Lube | |
| Arthur Treacher's | |
| Start-up Costs | |
| Quaker Steak & Lube | |
| Arthur Treacher's | |
| Equipment | |
| Quaker Steak & Lube} | |
| Arthur Treacher's | |
| Inventory | |
| Quaker Steak & Lube | |
| Arthur Treacher's | |
| Receivables | |
| Quaker Steak & Lube | |
| Arthur Treacher's | |
| Payroll | |
| Quaker Steak & Lube | |
| Arthur Treacher's | |
Training & Support |
|
| Training | |
| Quaker Steak & Lube | Available at headquarters: 8-10 weeks. |
| Arthur Treacher's | |
| Support | |
| Quaker Steak & Lube | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Arthur Treacher's | Newsletter, Meetings, Grand opening, Field operations/evaluations |
| Marketing | |
| Quaker Steak & Lube | Co-op advertising, National media, Regional advertising |
| Arthur Treacher's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Quaker Steak & Lube | |
| Arthur Treacher's | Number of employees needed to run franchise unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
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 |
| Arthur Treacher's | |
| Canada Expansion | |
| Quaker Steak & Lube | |
| Arthur Treacher's | |
| International Expansion | |
| Quaker Steak & Lube | Worldwide, |
| Arthur Treacher's | |