Quaker Steak & Lube Franchise

Family restaurant

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Founded in 1974 in Sharon, Pa., the Award-Winning casual dining restaurant chain has expanded to more than 60 locations throughout the United States and Canada. Quaker Steak & Lube offers the most differentiated decor, including gas station and motoring memorabilia, classic cars, motorcycles and race cars suspended from the ceiling. Voted Best Wings USA, our concept's varied menu has combined craveable food and high-octane events to create a cult-like fan following. With great new franchise territories available, Quaker Steak & Lube offers America's hottest franchise opportunity while winning hundreds of national and international awards for its innovative menu, unique trade dress, jumbo wings and more than 25 signature wing flavors. What We Offer at Quaker Steak & Lube Franchise * Great new franchise territories available around the country * Multiple revenue streams in each location * Multiple building designs * Wide demographic appeal * Fun casual dining environment * Award-Winning menu * Unique trade dress * Over 25 signature wing flavors * Fresh, never frozen, jumbo bone-in wings

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Quaker Steak & Lube, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Quaker Steak & Lube website.

How much does it cost to open a Quaker Steak & Lube Franchise ?

The investment required to open a Quaker Steak & Lube Franchise is between $1,800,000 - $3,700,000 . There is an initial franchise fee of $40,000 which grants you the license to run a business under the Quaker Steak & Lube name.

Individual Franchise Costs

  • Initial Investment:
    $1,800,000 -
  • Initial Franchise Fee:
    $40,000
  • Royalty Fee:
    5%
  • Advertising Fee:
    3%

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

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

Quaker Steak & Lube Growth History

When did the first Quaker Steak & Lube open? 1974
When did Quaker Steak & Lube start Franchising ? 1997

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

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

Worldwide,



How much does a Quaker Steak & Lube Franchise owner make?

How much money you could make as a Quaker Steak & Lube Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Quaker Steak & Lube Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$40,000 - $3,700,000
Initial Franchise Fee
$40,000
Royalty Fee
5%
Advertising Fee
3%
Quaker Steak & Lube Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Quaker Steak & Lube and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Quaker Steak & Lube franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.