
#15
At a Glance
Products & Services: Fast oil change
Number of Locations: 1,984
Total Investment: $196.5K - 331.5K
Founded: 1979
Began Franchising: 1979
Public Owned
About Jiffy Lube Int'l. Inc.
The decline of full-service gas stations in the 1970s left many consumers without their traditional sources for oil changes. Jiffy Lube began under Jim Hindman in 1979 as an association of seven fast-lube centers in the Western United States. 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.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 1,940 | 44 | 0 | 0 |
| 2010 | 1,966 | 45 | 0 | 0 |
| 2009 | 1,989 | 45 | 0 | 0 |
| 2008 | 1,964 | 37 | 0 | 82 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Startup Costs, Ongoing Fees and Financing
Total Investment: $196,500 - $331,500
Franchise Fee: $10,000 - $35,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 20 years, renewable
Franchise Fee: $10,000 - $35,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $450,000
Liquid Cash Available: $150,000
Operations
80% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 10. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
How This Franchise Supports Franchisees
Training: Available at headquarters: 2-4 weeks. Available at franchisee's location. Additional training available
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Reminder mailings, research tie-ins
Franchise Ranking History
Franchise Search
Featured Franchises For Sale
Advertisement
Buy a Business or Franchise with Your Retirement Funds
Use IRA and 401(k) funds to start a business or Franchise - No Tax penaltiesClick HERE for More Info


















