Quaker Steak & Lube vs Wimpys Diner Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Quaker Steak & Lube vs Wimpys Diner including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Quaker Steak & Lube Wimpys Diner
Investment 1800000 - 3700000 250000 - 500000
Franchise Fee
Royalty Fee 5% 4%
Advertising Fee 3% 2%
Year Founded 1974 1988
Year Franchised 1997 1992
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Quaker Steak & Lube Wimpys Diner
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 Wimpys Diner
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Quaker Steak & Lube Wimpys Diner
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 Wimpys Diner
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 Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion Worldwide,

Start-Up Costs and Fees Mobile
Investment
Quaker Steak & Lube
Wimpys Diner
Franchise Fee
Quaker Steak & Lube
Wimpys Diner
Royalty Fee
Quaker Steak & Lube 5%
Wimpys Diner 4%
Advertising Fee
Quaker Steak & Lube 3%
Wimpys Diner 2%
Year Founded
Quaker Steak & Lube 1974
Wimpys Diner 1988
Year Franchised
Quaker Steak & Lube 1997
Wimpys Diner 1992
Term Of Agreement
Quaker Steak & Lube
Wimpys Diner
Renewal Fee
Quaker Steak & Lube
Wimpys Diner


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
Wimpys Diner

Financing Options
 
Franchise Fees
Quaker Steak & Lube
Wimpys Diner
Start-up Costs
Quaker Steak & Lube
Wimpys Diner
Equipment
Quaker Steak & Lube}
Wimpys Diner
Inventory
Quaker Steak & Lube
Wimpys Diner
Receivables
Quaker Steak & Lube
Wimpys Diner
Payroll
Quaker Steak & Lube
Wimpys Diner

Training & Support
Training
Quaker Steak & Lube Available at headquarters: 8-10 weeks.
Wimpys Diner
Support
Quaker Steak & Lube Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Wimpys Diner
Marketing
Quaker Steak & Lube Co-op advertising, National media, Regional advertising
Wimpys Diner
Operations
Quaker Steak & Lube
Wimpys Diner

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
Wimpys Diner 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
Wimpys Diner Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion
Quaker Steak & Lube Worldwide,
Wimpys Diner