* Hired and trained a staff to operate the locationĪnyone who has ever opened their own business and has had to accomplish all of these goals on their own can truly relate, and appreciate the "turn-key" process we offer here at Econo Lube N' Tune & Brakes. * Fully stocked the location with all oil change, tune-up and brake parts needed * In most cases, acquired and installed all furniture, fixtures, equipment and signage * Planned, designed and constructed the building Before a prospective franchise owner is asked to commit to an Econo Lube N' Tune & Brakes location, the Company has: At Econo Lube N' Tune & Brakes we won't ask a potential franchise owner to invest or participate in developing a location until the company itself has made a substantial investment in time, energy, professional services and money. Currently the Company is focusing on expansion in Arizona, Colorado, and Dallas (9/1/04)Įcono Lube N' Tune & Brakes approaches the franchise process with a different philosophy than most other franchise companies. If you are approved for a franchise and successfully complete the intensive initial training program - you'll simply "turn-the-key" and step into a fully staffed, equipped and operationally ready Econo Lube N' Tune & Brakes automotive service center, though we also provide you a credit which you can use to make additional cosmetic improvements.Įcono Lube N' Tune & Brakes has existing centers as well as new locations available for franchising. (90% of current franchisees are owner/operators)Įcono Lube N' Tune & Brake's "turn-key" process is as simple as it sounds. Number of employees needed to run franchised unit: 10Ībsentee ownership of franchise is allowed. Start-Up Costs and FeesĪvailable at franchisee's location, Additional training availableĨ0% of all franchisees own more than one unit Jiffy Lube was ranked #12 in 2012 on the Franchise 500 list.Jiffy Lube vs Econo Lube N' Tune Franchise Comparisonīelow is an in-depth analysis and side-by-side comparison of Jiffy Lube vs Econo Lube N' Tune including start-up costs and fees, business experience requirements, training & support and financing options. With Jiffy Lube on their side, franchisees receive name recognition, training, and a network of support. Jiffy Lube also works with independent lube operations to transform their store into a national brand that appeals to customers. Customers often opt to have other areas of their car checked out while having their oil serviced. Your vehicle manufacturer likely recommends a specific interval, so review the suggested maintenance schedule in your owner’s manual to see how often to change spark plugs in your make and model. Jiffy Lube uses a signature four step plan when performing an oil change: Change, Inspect, Check/Fill, and Clean. The general rule of thumb about how often to change spark plugs is that they should be replaced after about 100,000 miles of driving. Jiffy Lube Business Franchise Opportunities: Other Information Jiffy Lube franchise owners must have a net worth of nearly half a million dollars, with $150,000 of that in liquid assets. An ongoing royalty fee of 4% is also applied to all sales. While the franchise fee only $10,000 - $35,000, the total investment for a Jiffy Lube franchise runs about $196,500 - $331,500. How Much Does A Jiffy Lube Franchise Cost ? The company now has over 2,000 locations and is part of Shell Oil subsidiary. Hindman built the business to about 1,000 shops until Pennzoil bought the company in the ‘90s. Originally, Ed Washburn began franchising car service centers throughout Utah in the 1970s until Jim Hindman, a nursing home tycoon bought out the company. Jiffy Lube Franchise Opportunities - History All of Jiffy Lube’s locations are owned independently by franchisees.įind the right franchise for you. A tune-up tends to cost between 40 and 150, but in some cases the cost could be 800 or more, depending on what a tune-up consists of. Currently, Jiffy Lube is not expanding internationally, so all franchises must be located in the United States or Canada. Jiffy Lube seeks franchise owners with manager and interpersonal skills, and people who will commit to their tried and true system for pleasing customers.
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