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2022 Franchise 500 Rank
#37 Ranked #77 last year
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Initial investment
$207K - $423K
Units as of 2021
2,157 3.8% over 3 years

Here’s what you need to know if you’re interested in opening a Jiffy Lube franchise.

As an indirect, wholly-owned subsidiary of Shell Oil Company, Jiffy Lube is a well-known name in the U.S. It has over 1,900 locations nationally, with the potential to open more franchises in several designated market areas. Jiffy Lube also has a presence in Canada, where it has over 150 franchises.

Though consumers know the company for its quick oil changes, some Jiffy Lube facilities have expanded their services to cover battery and brake services. If you are in a jiffy to start your own franchise, then Jiffy Lube may be the company for you. 

Why You May Want to Start a Jiffy Lube Franchise

Jiffy Lube may have different franchising options to fit your needs best. You might choose to start a new business, transfer an existing one, or own multiple locations. There may be incentives for each of these categories depending on what the company offers at that time. 

With a strong network and community, growing your Jiffy Lube franchise is typically well-supported. A proprietary POS system can keep track of back-office reporting, and access to Jiffy Lube Connect might update you with the latest company insights. As a franchisee, you generally connect with top vendors and attend conventions and trade shows, sharing secrets to success and networking with the right people.

You might also receive corporate training through Jiffy Lube University. This automotive service is conducted both on-site and online. You may earn over two dozen credit hours with Jiffy Lube University through the American Council on Education.

What Might Make a Jiffy Lube Franchise a Good Choice?

Jiffy Lube is a well-known name in the industry. If you become a franchisee, you may not have to go searching for customers. Jiffy Lube’s national name and marketing campaigns may reach consumers through social media, television, and radio broadcast. Not only that, you may receive marketing statistics on how better to market your franchise location for your local market.

If you want to become a franchisee, you don’t necessarily need a background in the automotive industry. A desire to keep cars running, customers happy, and business background will help with day-to-day operations.

To be part of the Jiffy Lube team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.  

How Do You Start a Jiffy Lube Franchise?

Requesting more franchise information may trigger a member of the franchise development team to conduct a pre-qualification screening. If you meet the financial requirements and pass a background and credit check, you generally move forward to fill out an official application.

As you progress, a recruitment manager might interview you; this is also your chance to ask any questions you may have. If you make it past the interview, you typically attend a discovery day event at company headquarters in Houston, Texas, where you may meet the Jiffy Lube executive team. Jiffy Lube may connect you with a business development manager, and once you have selected your ideal site, you generally sign your franchise agreement.

Rev your engines and get ready for that grand opening!

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Company Overview

About Jiffy Lube

Industry
Automotive
Founded
1979
Parent Company
Shell Oil Company
Leadership
Edward Hymes, President

Franchising Overview

Franchising Since
1979 (43 years)
# of employees at HQ
115
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees in the following international regions: Canada

# of Units
2,157 (as of 2021)

Franchisor Information

Corporate Address
150 N. Dairy Ashford Rd., Bldg. F
Houston, TX 77079

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Jiffy Lube franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$17,500 - $35,000
Initial Investment
$207,000 - $422,650
Net Worth Requirement
$500,000
Cash Requirement
$250,000
Veteran Incentives
Franchise fee waived
Royalty Fee
3-4%
Ad Royalty Fee
4%
Term of Agreement
20 years
Is franchise term renewable?
Yes
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Financing Options

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

Third Party Financing
Jiffy Lube has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
40 hours
Classroom Training
120 hours
Additional Training
Additional training available
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
10
Are exclusive territories available?
No
Take our quick quiz to find your ideal franchise

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Franchise 500 Ranking History

Compare where Jiffy Lube landed on this year’s Franchise 500 Ranking versus previous years.

Stock History for Jiffy Lube

Ticker Symbol for Jiffy Lube: RDS.A

Additional Rankings

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Oil changes, preventive maintenance, brakes, light repairs

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021