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