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

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

About
Founded

1979

Franchising Since

1979 (40 Years)

Corporate Address

150 N. Dairy Ashford Rd.
Houston, TX 77079

CEO

Patrick Southwick

Parent Company

Shell Oil Company

Ticker Symbol

RDS.A

Financial Requirements
Initial Investment

$207,000 - $500,000

Net-worth Requirement

$450,000

Liquid Cash Requirement

$150,000

Ongoing Fees
Initial Franchise Fee

$17,500 - $35,000

Ongoing Royalty Fee

3-4%

Ad Royalty Fee

1.5%

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

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

On-The-Job Training:

10-40 hours

Classroom Training:

40 hours

Additional Training:

Additional training available

Absentee Ownership Allowed
Number of Employees Required to Run:

10

Jiffy Lube Int'l. Inc. is ranked #90 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 - $500,000
Units
-0.5%-11 UNITS (1 Year) -0.3%-7 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, South America
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

4 Hidden Benefits of Entrepreneurship

Kumon Franchisees discuss how entrepreneurship has enriched their careers and lives in ways they never anticipated.

Papa John's Ex-CEO Says He Ate More Than 40 Pizzas in 30 Days and That 'The Day of Reckoning Will Come'

Papa John's founder and former CEO John Schnatter slammed the pizza chain he founded in an interview with local news.

How This NFL Wide Receiver Catches the Opportunities That Come His Way

Marvin Jones Jr., wide receiver for the Detroit Lions, shares the lessons he's learned about investing in his community.

Why Franchises Are Funding Their Employees' Education

Here's a hint: It's really good for business.

The Hottest Franchise Categories of 2020

Get to know 347 franchises in trend-topping industries that will continue to boom next year (and likely beyond).

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 23rd, 2019