Start-Up Costs and Fees |
||
| Quaker Steak & Lube | Palapas Restaurants | |
| Investment | 1800000 - 3700000 | 750000 - 2000000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | |
| Year Founded | 1974 | 0 |
| Year Franchised | 1997 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Quaker Steak & Lube | Palapas Restaurants | |
| 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 | Palapas Restaurants | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Quaker Steak & Lube | Palapas Restaurants | |
| 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 | Palapas Restaurants | |
| 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 | |
| Palapas Restaurants | |
| Franchise Fee | |
| Quaker Steak & Lube | |
| Palapas Restaurants | |
| Royalty Fee | |
| Quaker Steak & Lube | 5% |
| Palapas Restaurants | 5% |
| Advertising Fee | |
| Quaker Steak & Lube | 3% |
| Palapas Restaurants | |
| Year Founded | |
| Quaker Steak & Lube | 1974 |
| Palapas Restaurants | 0 |
| Year Franchised | |
| Quaker Steak & Lube | 1997 |
| Palapas Restaurants | 0 |
| Term Of Agreement | |
| Quaker Steak & Lube | |
| Palapas Restaurants | |
| Renewal Fee | |
| Quaker Steak & Lube | |
| Palapas Restaurants | |
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 |
| Palapas Restaurants | |
Financing Options |
|
| Franchise Fees | |
| Quaker Steak & Lube | |
| Palapas Restaurants | |
| Start-up Costs | |
| Quaker Steak & Lube | |
| Palapas Restaurants | |
| Equipment | |
| Quaker Steak & Lube} | |
| Palapas Restaurants | |
| Inventory | |
| Quaker Steak & Lube | |
| Palapas Restaurants | |
| Receivables | |
| Quaker Steak & Lube | |
| Palapas Restaurants | |
| Payroll | |
| Quaker Steak & Lube | |
| Palapas Restaurants | |
Training & Support |
|
| Training | |
| Quaker Steak & Lube | Available at headquarters: 8-10 weeks. |
| Palapas Restaurants | |
| Support | |
| Quaker Steak & Lube | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Palapas Restaurants | |
| Marketing | |
| Quaker Steak & Lube | Co-op advertising, National media, Regional advertising |
| Palapas Restaurants | |
| Operations | |
| Quaker Steak & Lube | |
| Palapas Restaurants | |
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 |
| Palapas Restaurants | |
| Canada Expansion | |
| Quaker Steak & Lube | |
| Palapas Restaurants | |
| International Expansion | |
| Quaker Steak & Lube | Worldwide, |
| Palapas Restaurants | |