You’ve probably seen it and enjoyed it and now want to bring Jiffy Lube services to your community by opening a Jiffy Lube franchise.
If you’re one of the folks who want to open a Jiffy Lube franchise, then keep reading to learn more.
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.
It is the biggest chain of auto maintenance locations with a quick lube change in the country. The main and most famous service of Jiffy Lube is oil changing.
Besides this, it also offers other auto maintenance services, including repairs to the air filtration, transmission, cooling system, fuel system, and air conditioner. Jiffy Lube locations are also certified for emissions inspection.
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% |
| Area Requirement | N/A |
| Total Outlets | 2,000 locations |
Terms & Condition Jiffy Lube Franchise
Jiffy Lube offers a franchise only through the delivery of a franchise disclosure document. You can visit the website and register yourself, and the team will contact you.
They will not sell or offer franchises in those states until they have registered the franchise (or received an applicable exemption from registration) and delivered the Franchise Disclosure Document to the prospective franchisee in submission with relevant law.
Training & Support
Before the opening of the franchise, they are providing 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 if the franchisor is running a business successfully, generating revenue, and meeting all requirements.
Then, another 10year- renewal term is available only for one time.
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
How long has Jiffy Lube been around?
For over 35 years, Jiffy Lube has been providing services. In 1979, they created the first drive-through services.
Who is the founder of Jiffy Lube?
W James Hindman
How many are Jiffy Lube locations in The USA?
Jiffy Lube has more than 2,000 locations in the USA.
Where is Jiffy Lube headquarters?
Houston, Texas, United States.
Amit Gupta is the founder of DrFranchises. He has a keen interest in investments, and has thus far invested in a few franchises. Franchise businesses are his forte- he knows all there is to know about their space requirements, fees, ROI potential, and business models. This makes him an ideal candidate for anyone looking to invest in a franchise