Start-Up Costs and Fees |
||
| Quaker Steak & Lube | Indigo Joe's | |
| Investment | 1800000 - 3700000 | 1200000 - 1300000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | 1.50% |
| Year Founded | 1974 | 1994 |
| Year Franchised | 1997 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Quaker Steak & Lube | Indigo Joe'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 | Indigo Joe's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Quaker Steak & Lube | Indigo Joe's | |
| Training | Available at headquarters: 8-10 weeks. | Prior to the opening of the store, it is essential to successfully complete Indigo Joe's intensive 6-week franchise training program. This program will educate the franchise owner in all aspects of restaurant operations as well as provide him or her with all the necessary tools. Topics that will be covered include customer service, preparation of Indigo Joe's menu items, quality and food portion control, beverage and inventory management, cost control, employee hiring and scheduling, store safety guidelines, management tools and systems, turnover reduction and budgeting and forecasting. Store Opening training is provided for 7 days prior to the opening date and until 7 days after. This training is a more "hands on" approach to managing and successfully running an Indigo Joe's restaurant. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Indigo Joe's provides on-going operational support through their field service representatives |
| Marketing | Co-op advertising, National media, Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
| Operations | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Quaker Steak & Lube | Indigo Joe'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 | |
| Indigo Joe's | |
| Franchise Fee | |
| Quaker Steak & Lube | |
| Indigo Joe's | |
| Royalty Fee | |
| Quaker Steak & Lube | 5% |
| Indigo Joe's | 5% |
| Advertising Fee | |
| Quaker Steak & Lube | 3% |
| Indigo Joe's | 1.50% |
| Year Founded | |
| Quaker Steak & Lube | 1974 |
| Indigo Joe's | 1994 |
| Year Franchised | |
| Quaker Steak & Lube | 1997 |
| Indigo Joe's | 2002 |
| Term Of Agreement | |
| Quaker Steak & Lube | |
| Indigo Joe's | 10 years +10 |
| Renewal Fee | |
| Quaker Steak & Lube | |
| Indigo Joe's | $10K |
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 |
| Indigo Joe's | |
Financing Options |
|
| Franchise Fees | |
| Quaker Steak & Lube | |
| Indigo Joe's | |
| Start-up Costs | |
| Quaker Steak & Lube | |
| Indigo Joe's | |
| Equipment | |
| Quaker Steak & Lube} | |
| Indigo Joe's | |
| Inventory | |
| Quaker Steak & Lube | |
| Indigo Joe's | |
| Receivables | |
| Quaker Steak & Lube | |
| Indigo Joe's | |
| Payroll | |
| Quaker Steak & Lube | |
| Indigo Joe's | |
Training & Support |
|
| Training | |
| Quaker Steak & Lube | Available at headquarters: 8-10 weeks. |
| Indigo Joe's | Prior to the opening of the store, it is essential to successfully complete Indigo Joe's intensive 6-week franchise training program. This program will educate the franchise owner in all aspects of restaurant operations as well as provide him or her with all the necessary tools. Topics that will be covered include customer service, preparation of Indigo Joe's menu items, quality and food portion control, beverage and inventory management, cost control, employee hiring and scheduling, store safety guidelines, management tools and systems, turnover reduction and budgeting and forecasting. Store Opening training is provided for 7 days prior to the opening date and until 7 days after. This training is a more "hands on" approach to managing and successfully running an Indigo Joe's restaurant. |
| Support | |
| Quaker Steak & Lube | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Indigo Joe's | Indigo Joe's provides on-going operational support through their field service representatives |
| Marketing | |
| Quaker Steak & Lube | Co-op advertising, National media, Regional advertising |
| Indigo Joe's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Quaker Steak & Lube | |
| Indigo Joe's | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% 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 |
| Indigo Joe's | |
| Canada Expansion | |
| Quaker Steak & Lube | |
| Indigo Joe's | |
| International Expansion | |
| Quaker Steak & Lube | Worldwide, |
| Indigo Joe's | |