Jiffy Lube Int'l. Inc.

Founded: 1979 Franchising since: 1979
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.

Address: P.O. Box 4427 Houston, Texas 77210-4427

Phone: (800)327-9532 Franchisee Association JLAF

Franchisor is a publicly-held company with 200 employee(s); 60 employee(s) in franchise department.

Franchise Units

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	1,989	45	0	0
2008	1,964	37	0	82
2007	1,915	35	0	259
2006	1,910	36	0	271

Where Seeking Franchisees
Nationwide
Outside the U.S.: Canada

Special Programs
Jiffy Lube supports various organizations, such as Buckle Up America and National Earth Day. Franchisees are actively involved with a number of charities including Muscular Dystrophy Association and Children's Miracle Network.

Total investment: $229,000 - $323,000
Franchise fee: $10,000 - $35,000
Ongoing royalty fee: 4%
Term of agreement: 20 years, renewable


Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Third-party financing source(s): Pennzoil Lube Center Acceptance Corp.

Qualifications
Net worth requirement: $450,000
Cash liquidity requirement: $150,000
Business Experience:

• General business experience

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)

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 500® rank:
#37 (2010); #11 (2009); #14 (2008); #7 (2007); #20 (2006);

Fastest-Growing Franchises:
#68 (2010); #60 (2009); #29 (2007);

America's Top Global Franchises:
#31 (2010); #11 (2009); #31 (2008); #11 (2007); #29 (2006);