Start-Up Costs and Fees |
||
| Quaker Steak & Lube | Bar Louie | |
| Investment | 1800000 - 3700000 | 923500 - 3707333 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | 2% local, 1%Nat'l |
| Year Founded | 1974 | 1991 |
| Year Franchised | 1997 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Quaker Steak & Lube | Bar Louie | |
| 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 | Just as there is no cookie cutter location, there is no cookie-cutter franchisee. A company's objective should determine if a potential franchisee is a good fit. For franchisees looking to build on a unique culture, franchisees should be excited for the opportunity to customize. Someone who wants to expand quickly through a replication and repetition rollout approach will not deliver the guest experience that customers should come to expect from the brand. |
Financing Options |
||
| Quaker Steak & Lube | Bar Louie | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Quaker Steak & Lube | Bar Louie | |
| 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 | We offer extensive support along the way, including: * Full support through the site identification and construction process * A comprehensive training program for restaurant teams * MALT (Music, Atmosphere, Lighting, Temperature) - the secret to creating the Bar Louie experience * Access to leading software and restaurant management tools * Compelling advertising and local store marketing materials * Extensive PR and social media programming |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | ||
Expansion Plans |
||
| Quaker Steak & Lube | Bar Louie | |
| 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 | 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 | 0 | |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Quaker Steak & Lube | |
| Bar Louie | |
| Franchise Fee | |
| Quaker Steak & Lube | |
| Bar Louie | |
| Royalty Fee | |
| Quaker Steak & Lube | 5% |
| Bar Louie | 5% |
| Advertising Fee | |
| Quaker Steak & Lube | 3% |
| Bar Louie | 2% local, 1%Nat'l |
| Year Founded | |
| Quaker Steak & Lube | 1974 |
| Bar Louie | 1991 |
| Year Franchised | |
| Quaker Steak & Lube | 1997 |
| Bar Louie | 2010 |
| Term Of Agreement | |
| Quaker Steak & Lube | |
| Bar Louie | |
| Renewal Fee | |
| Quaker Steak & Lube | |
| Bar Louie | |
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 |
| Bar Louie | Just as there is no cookie cutter location, there is no cookie-cutter franchisee. A company's objective should determine if a potential franchisee is a good fit. For franchisees looking to build on a unique culture, franchisees should be excited for the opportunity to customize. Someone who wants to expand quickly through a replication and repetition rollout approach will not deliver the guest experience that customers should come to expect from the brand. |
Financing Options |
|
| Franchise Fees | |
| Quaker Steak & Lube | |
| Bar Louie | |
| Start-up Costs | |
| Quaker Steak & Lube | |
| Bar Louie | |
| Equipment | |
| Quaker Steak & Lube} | |
| Bar Louie | |
| Inventory | |
| Quaker Steak & Lube | |
| Bar Louie | |
| Receivables | |
| Quaker Steak & Lube | |
| Bar Louie | |
| Payroll | |
| Quaker Steak & Lube | |
| Bar Louie | |
Training & Support |
|
| Training | |
| Quaker Steak & Lube | Available at headquarters: 8-10 weeks. |
| Bar Louie | |
| Support | |
| Quaker Steak & Lube | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Bar Louie | We offer extensive support along the way, including: * Full support through the site identification and construction process * A comprehensive training program for restaurant teams * MALT (Music, Atmosphere, Lighting, Temperature) - the secret to creating the Bar Louie experience * Access to leading software and restaurant management tools * Compelling advertising and local store marketing materials * Extensive PR and social media programming |
| Marketing | |
| Quaker Steak & Lube | Co-op advertising, National media, Regional advertising |
| Bar Louie | |
| Operations | |
| Quaker Steak & Lube | |
| Bar Louie | |
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 |
| Bar Louie | 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 | |
| Quaker Steak & Lube | |
| Bar Louie | 0 |
| International Expansion | |
| Quaker Steak & Lube | Worldwide, |
| Bar Louie | |