If you are looking for the perfect franchise opportunity, look no further than Jiffy Lube Franchise. As one of the largest automotive franchises in North America, Jiffy Lube offers various services and products that make it an excellent choice for aspiring entrepreneurs.
With years of success in franchising, this company has developed a well-known reputation as the go-to provider of quality automotive services and products.
This article will provide detailed information about Jiffy Lube’s franchise fees, profits, total investment costs, training options, restrictions, renewals, return on investment, and more to help you decide if it is right.
So read on to learn why Jiffy Lube may be the perfect franchise opportunity for you.
About Jiffy Lube
Jiffy lube is an automotive oil change brand in the USA and Canada. In 1970 Jim Hindman Founded the Jiffy Lube, and now, Jiffy Lube has more than 2,000 locations nationwide.
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Jiffy Lube Franchise Model
| Initial Investment | $234,000-$372,650 |
| Initial Franchise fee | $17,500-$35,000 |
| Royalty-Fee | 3-4% |
| Advertisements-Fee | 1.5% |
| Total Outlets | 2,000 locations |
Training & Support
Before the opening of the franchise, they provide initial training to franchisees to manage the day-to-day decision-makers of the service-centered.
The franchisor will have to complete the Franchise Boot Camp hosted in Houston, Texas.
While operating the business, the franchisor will continue to offer management training courses for service center employees and managers.
In addition, the franchisor and Managers must attend the training every five years.
Term & Renewal Of Agreement
The actual length of the franchise agreement is 20 years. And if the franchisor is running a business successfully, generating revenue, and meeting all requirements, then another 10 year-renewal term is available only once.
Jiffy Lube Details
Website – https://www.jiffylube.com/
Contact Number- 1-800-327-9532
Jiffy Lube Comparison
| Company | Jiffy Lube | Mac Tools |
|---|---|---|
| Founded In | 1970 | 1961 |
| Initial Investment | $234,000-$372,650 | $109,000-$250,000 |
| Franchise-Fee | $17,500-$35,000 | $8000 |
| Total Outlet | 2,000 | 1,234 |
| Annual Revenue | $1.7 Billion | $220.0 Million |
Frequently Asked Question
Where is Jiffy Lube headquartered?
Houston, Texas, United States.
Does Jiffy Lube offer franchising?
Yes, Jiffy Lube offers remunerative franchise opportunities to entrepreneurs.
How much does a Jiffy Lube franchise cost?
An initial investment required to open a Jiffy Lube franchise is $234,000-$372,650, with a franchise fee of $17,500-$35,000.
Who is the owner of Jiffy Lube?
Jiffy Lube International is a wholly owned subsidiary of Shell Oil Company, part of Royal Dutch Shell.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.