Franchise FAQ

are jiffy lube franchises

by Mr. Robbie Windler Published 1 year ago Updated 1 year ago
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Are any existing Jiffy Lube® stores for sale? Since the network is 100% franchise owned and operated, Jiffy Lube International, Inc. is not involved in site sales.

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What is a Jiffy Lube?

Jiffy Lube is the biggest chain of auto maintenance locations with a quick lube change in the country. Though Jiffy Lube’s most popular service is an oil change, it also offers a variety of other auto maintenance services including repairs to the air filtration, air conditioner, transmission, windshield, cooling system, and fuel system.

What is Jiffy Lube's four step plan?

Jiffy Lube uses a signature four step plan when performing an oil change: Change, Inspect, Check/Fill, and Clean. Customers often opt to have other areas of their car checked out while having their oil serviced.

What is a Fsi?

Co-branded with NASCAR Hall of Famer Richard Petty’s "Petty's Garage" - Fleet Services International (FSI) provides on-site maintenance and repairs for commercial car and truck fleets. With a huge first year profit potential, and 100% financing for those who qualify, FSI has been the #1 Industry leader since 2001.

Is Jiffy Lube expanding internationally?

Currently, Jiffy Lube is not expanding internationally, so all franchises must be located in the United States or Canada. All of Jiffy Lube’s locations are owned independently by franchisees.

Who owns the Washburn car service?

Originally, Ed Washburn began franchising car service centers throughout Utah in the 1970s until Jim Hindman, a nursing home tycoon bought out the company. Hindman built the business to about 1,000 shops until Pennzoil bought the company in the ‘90s. The company now has over 2,000 locations and is part of Shell Oil subsidiary.

Is Jiffy Lube a franchise?

Jiffy Lube is listed in the Franchise Directory under the Automotive category. It's also listed in the section for Franchises Under $200,000 .

Who owns Jiffy Lube?

Jiffy Lube Int'l. Inc. was acquired by Pennzoil-Quaker State Co. in the 1990s, which was then acquired by Shell Oil Company in 2002. Jiffy Lube has franchised locations throughout the U.S. and Canada.

When did Jiffy Lube start?

Jiffy Lube began under Jim Hindman in 1979 as an association of seven fast-lube centers in the Western United States.

What is franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.

What is franchise investment?

Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.

How long does a franchise last?

Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.

Do franchisors have in-house financing?

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Who owns Jiffy Lube?

Jiffy Lube Int'l. Inc. was acquired by Pennzoil-Quaker State Co. in the 1990s, which was then acquired by Shell Oil Company in 2002. Jiffy Lube has franchised locations throughout the U.S. and Canada.

How long does it take to change oil at Luby Dudes?

Customers don’t come to Luby Dudes, Luby Dudes come to customers! On-site oil change only takes about 20 minutes.

How long does it take to open a Valvoline oil change?

The company has over 30 years of experience as a business owner and franchisor. Almost a third of 900+ franchise locations belong to VIOC. Franchisees can rely on the support of the franchisor in every aspect of the business. Opening of the location will take 3-6 months.

What is a Speedee oil change?

SpeeDee Oil Change & Auto Service Center franchise offers full-service car care. They have more than 150 locations for 40 years of work. The franchisor offers to clients an individual approach provided by qualified specialists, innovative computerized diagnostic equipment. The company provides franchisees with comprehensive assistance in business planning, as well as technical and marketing support.

What is a siffy?

Spiffy is a mobile, app-based car wash franchise that provides services to individuals and fleets. Spiffy has a friendly attitude not just to their customers but also eco-conscious. The company has its own Spiffy Green™ solution that uses eco-friendly supplies and allows use of less than half the water of a traditional car wash. Spiffy also removes and recycles used water and oil and with PRTI® partnership turns tires into power.

Where is Valvoline oil change located?

and was created in 1986 with the purchase of quick-lube centers throughout New York, Minneapolis and Michigan. The public company began franchising in 1988 and is based in Lexington, Kentucky.

Who owns Victory Lane Quick Oil Change?

Victory Lane franchise is a rare franchise owned by a former franchisee. Since 2014 Justin and Lauren Cialella, who were the majority franchisees owning 10 locations, acquired the entire franchise. And that is solid proof of how successful franchisees of that company can become. The franchisor has a discounted franchise fee program for multiple location owners.

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