Jiffy Lube Int'l. Inc.
#70 Franchise 500| Oil changes, preventive maintenance

Jiffy Lube Int'l. Inc.
Oil changes, preventive maintenance

About
Founded

1979

Franchising Since

1979 (41 Years)

Corporate Address

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

Leadership

Edward Hymes, President

Parent Company

Shell Oil Company

Ticker Symbol

RDS.A

Financial Requirements
Initial Investment

$207,000 - $422,650

Net-worth Requirement

$500,000

Liquid Cash Requirement

$250,000

Ongoing Fees
Initial Franchise Fee

$17,500 - $35,000

Ongoing Royalty Fee

3-4%

Ad Royalty Fee

4%

Financing Options

Jiffy Lube Int'l. Inc. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

Veteran Incentives

Franchise fee waived

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

40 hours

Classroom Training:

20 hours

Additional Training:

Additional training available

Absentee Ownership Allowed
Number of Employees Required to Run:

10

Jiffy Lube Int'l. Inc. is ranked #70 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $207,000 High - $422,650
Units
+0.8%+16 UNITS (1 Year) +0.6%+13 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 14th, 2020