Jiffy Lube Franchise Details
Print Page- Investment Required
- Investment Level: $ 125 K
- Training and Support: Yes
The next ten years are going to see a lot of expansion in the fast lube industry, seeing as there are more than 120 million vehicles that need to be serviced a year now, compared to around 80 million vehicles in 1995, only a decade or so ago. The Jiffy Lube franchise centers throughout the United States service more than 27-million customers a year. 88% of all Jiffy Lube service centers are Jiffy Lube franchise locations, while the other 12% are company owned and corporate operated.
There are Jiffy Lube franchise opportunities available in a number of markets both in the United States and in Canada as well. The Jiffy Lube franchise company offers support, guidance, service and leadership to make sure that every Jiffy Lube franchise location succeeds to the best of its abilities. You can feel free to look to the Jiffy Lube franchise company for assistance in a variety of tasks, including but not limited to finding the right location, training your management personnel, employees and yourself, and setting up an operation that is, above all else, as efficient as it can be. The Jiffy Lube Franchise Company will also assist in obtaining financing for franchisees that qualify.
The Jiffy Lube franchise offers promotional and advertising materials that can be adapted however you need to fit with local market needs and conditions. There are also often cooperative advertising associations that allow franchisees to meet with one another and with Jiffy Lube franchise representatives in order to discuss the implementation of marketing strategies. The Jiffy Lube franchise company can also assist certain qualified franchisees with obtaining financing through the Pennzoil Lube Center Acceptance Corporation, which is a subsidiary of the Pennzoil-Quaker state company.
The initial investment for a Jiffy Lube franchise service center ranges between $214,000 and $273,000 depending on numerous facets, including equipment, sign and fixture costs, the first's month rent and a security deposit, insurances, training needs, and opening market expenses, all of which are subject to change based on the location of the Jiffy Lube franchise, and the status of the market. Some costs are fixed, including the initial inventory, and franchise fee, both of which are included in the between $214,000 and $273,000 range.
Please note that we are not actively submitting franchising applications to this franchisor from our website at this current point in time. Please do however feel free to browse our other top franchisor profiles, as a number of these companies are currently accepting new franchising opportunity applications that are well worth taking the time to explore.
